S&P hits all time high again.. It has an amazing run this year with year-to-day return over 21%! Yay! I don’t know about you, but I use every chance like this as a great selling opportunity. Yes it may continue go up as no one has a crystal ball to say when is the ceiling. However the […]
The recent economic news seems to cast shadow on the global economy: US PMI fell to the lowest level since financial crisis; Germany is on the brink of recession; Fed intervened repo market for the first time since 2008 to prevent liquidity crisis in the financial system. As a matter of fact, it has injected cash in[…]