I just want to enjoy life where it is. The future is still insight, just a slow down in pursuit. Sometimes, I think we work hard everyday but we fail to stop for a moment and think what the end goal is. I am using this time to re-evaluate my choices, my performance, to restrategise, to recharge before I continue chasing dreams.
I can't decide what to do with cash that I have. I suddenly find myself not as discipline as before to read up on money matters. While I have some time today, I have made some pointers for each of the moves with some after thoughts.
Reasons for a down market
- Non-performing european economy i.e Ireland.
- Sharp move in food prices could drive China’s CPI inflation higher in October
- Price rally in global copper market hurt China’s demand for imports
Reasons for a up market
- Recent US QE2.. with negative repercuccions?
- Asia giant - China's economic growth is 10%, huge foreign reserves to invest at higher prices.
- Fast emerging developing markets but their mpact?
- A pledge to avoid competitive FX devaluations is expected in the closing statement
Reasons to stay neutral
- FX impact is likely to be muted, but risk appetite may get a boost; USD may soften as a result
- Most of the companies are now nearing their 52 week high with little room for upside
- Pending outcome of G20 on global imbalances and financial-system regulations
Overridding conclusion: None.
I'm still stuck in limbo.