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Monday, October 1, 2012

Bearish Indicators


Channelnewsasia.com (2012) states "Temasek's sale of SingTel shares came a day after it was reported to be sounding out potential buyers for its 18-per cent stake in British bank Standard Chartered worth 6 billion pounds (US$9.7 billion)."

Temasek is now selling its assets for cash at this period, when interest rates may be going up. Growth rates will slow due to rising inflation and the stock market may burst the bubble any time from now. I am investing with care and hopefully when the stock market crash, I'll have some spare cash to buy cheap assets.

Reference List

Channelnewsasia.com, Temasek to reduce stake in SingTel, viewed 01 October 2012
<http://www.channelnewsasia.com/stories/afp_singapore_business/view/1228071/1/.html>

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