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Interest Rates Likely to Remain Low...

Written by Dennis Ng on .

Sharing an article from Reuters:

PRINCETON, New Jersey (Reuters) - The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

"The economy is only now beginning to show signs that it might be stabilizing, and the upturn, when it begins, is likely to be gradual amid the balance sheet repair of financial intermediaries and households," Kohn told a conference at Princeton University.

Has a New Bull Market Begun?

Written by Dennis Ng on .

Welcome to the 92st Issue of Weekly e-newsletter by www.HousingLoanSG.com This week I like to share with you "Has a New Bull Market Begun?"  Last 2 weeks I was busy writing the First Bilingual Book on Personal Finance "Mastering Your Personal Finance". which will be published in the next month, thus, I did not send out any newsletter. My apologies.

If you have friends who like to receive this information-rich FREE Weekly E-Newsletter, ask them to go to our website http://www.HousingLoanSG.com where they cansign up immediatelyand get a FREE Special Report "How to cut your tax legally by 23% to 59%?" Cheers!

Cheers!

Dennis Ng, http://www.HousingLoanSG.com - help you get BEST Deal in Housing Loans in Singapore & Australia!

What We Can Learn from Bear Market Rally in 1930s...

Written by Dennis Ng on .

By Ambrose Evans-Pritchard
Last Updated: 6:43AM BST 11 May 2009

Bear market rallies can be explosive. Japan had four violent spikes during its Lost Decade (33pc, 55pc, 44pc, and 79pc). Wall Street had seven during the Great Depression, lasting 40 days on average. The spring of 1931 was a corker.

James Montier at Société Générale said that even hard-bitten bears are starting to throw in the towel, suspecting that we really are on the cusp of new boom. That is a tell-tale sign.

"Prolonged suckers' rallies tend to be especially vicious as they force everyone back into the market before cruelly dashing them on the rocks of despair yet again," he said. Genuine bottoms tend to be "quiet affairs", carved slowly in a fog of investor gloom.