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Friday, June 8, 2012

Volatile Market

SGX is in a very volatile position given the problems of the European Debt crisis involving Spain and Greece. Investors are speculating of a Greece exit on euro and Spain's debt problems, causing uncertainty in the markets.


China's still slowing on on growth had now decide to cut its interests rates from ~6% to ~3%. However it is still a question on whether companies with their tight financial position will tap onto the lower  interest rates.

These 9 People Are Planning To Make A Fortune Off Of The Euro Crisis

http://www.businessinsider.com/making-a-fortune-from-the-euro-crisis-2012-6#carlos-slim-1