The exams are finally over and after a short hiatus, I figure it's probably best to put myself actively in the investing scene again. The overall feeling of uncertainty in the NYSE and NASDAQ has kept me out of the US market at the moment, as fundamentals are STILL not strong for a steady recovery.
Interest rates in the US have been kept low since a year ago to ease financial borrowing on the back of the US financial system collapse. However, interest rates NOW are still near zero, and borrowing is made easier than before, not a good thing since the meltdown was due to living on credit. Economics teaches us that low rates of interest facilitates borrowing and investment, and short term growth. But is this method a sustainable long term solution for recovery?
Time to streamline the SG portfolio. Forsee a busy term next semester, probably have to pick a few stocks to concentrate on. Present attention is given to Hyflux and SembMarine.
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