When analysing financial markets, it’s important to also keep one eye on the economy, because financial markets are not the same as economic markets. In financial markets, there is only one consistent measure of value: price. However, in economic markets the measure of value is more subjective, and is contained in the question [...]
Archive for March, 2008
Economic vs Financial Markets - Is the end in sight?
Published by March 28th, 2008 in Investment Notes. 0 CommentsI have now raised my cash equity ratio up to 65% and bought into the post election panic by snapping up Digi for $21.20 on Monday and then $21.50 yesterday, giving me an average price of $21.35. Today it is already up to $23 as investors wake up and realise that opposition is a good [...]
A few weeks ago almost every research house on the street were publishing recommendations on how to play the election in the stock market. Their reasoning was that the government will continue to pump prime the economy. So GLCs such as UEM, ECM, YTL Corp, ICP were being touted. Here’s what DB analysts had [...]
