Saturday, May 30, 2009

wad is wrong

so long, my blog.

so long since i wrote, and the first post, an angry one.. haizz.. after reading sum posts in bloomberg which i totally agree.

first of all, why is the market so irrational. taking a long look at the housing and autos will show that the market is not near the bottom yet. so why everyone juz keep rushing into the markets? and they say kiasu orginates from singapore. there are so many ppl going into the market now, hoping there's another citigroup or aig to take advantage of. plz....

futures market are very very active. speculations that market will rise? hedging against the weak dollar (i.e against inflationary pressure)? but they do realize that with the current unemployment rate, inflation's not gonna set in so quickly? or that immediate response to tighten monetary policy in Japan during 1990s could be one of the reasons for the "lost decade"? haiz. wu yan.

secondly, why is magna international stepping in to save GM now. please. GM's operations... juz let it go. i know, yes, its a bargain. yes the fed's gonna help you pay half of the 1.5b if i'm not wrong. but hey, look at BAC, or BofA, wad do they get from saving merrill lynch? haiz... wu yan.