Dubai not = goodbye

Stocks look resilient so far this morn. I think Singapore investors are not willing to dump at any ol price. And buyers are waiting to pounce on any excessively sold down stock. I reckon the market could stay on an even keel today. What do you all think?

Only 1-2% down. The market not so crazy as to throw stocks away cheaply. I have read BCA Research note. Intelligent analysis. In a nutshell, BCA said the size of the Dubai debt is relatively small on a global scale. So put it in perspective! European banks are most exposed to Dubai World –they will take a hit. BCA Research said it does not expect the negative shock to derail the cyclical bull market in global risk assets. “Highly stimulative policies, strengthening business activity and recovering corporate profitability in the world’s major economies are the dominant macro economic trends.\" Hosei! Will be looking for cheap buys if they happen!

Bro, u subscribe to BCA research? can share with me the report?

Wahpiang, this BCA report cannot copy & paste. Then cannot upload pdf to this website. I do image for you below

part 2. that\'s it. short & sweet.

What a cheek! Shanghai Composite Index rose 3.2%! Bombay Stock Exchange Sensitive Index added 1.8%! In New York trading tonite, the MSCI Emerging Markets Index rallied 1.2 percent. The MSCI World Index of equities in 23 developed countries advanced 0.2 percent.