Is a Double Recession near the corner?

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

swing2sky wrote:

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

Financial Institutions are all in cost cutting modes. Some have already started with small scale retrenchments.

Singaporeans still seems cash loaded though.

By hearing on the news, everywhere in the world seems to be not doing very well... maybe very near liao....

Time to go shopping?

Yeah...

swing2sky wrote:

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

This morning hear from radio that Dr Tony Tan putting remarks that he will do something when he become president....... question is that, big boys in America can't even help themselves, then how could he help Singaporean to have better life...... only possibility is that gov dun tax so much, lower the cost of living....... not increase the transportation cost & etc...... helps lower income singaporean.......

when come to charity, as gov to donate more and absorb the toll free charges as well.

Hope our pay never kena freeze hor.....

edmuhamad wrote:

Hope our pay never kena freeze hor.....

"freeze" is better right rather then pay cut........

sdt wrote:

swing2sky wrote:

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

This morning hear from radio that Dr Tony Tan putting remarks that he will do something when he become president....... question is that, big boys in America can't even help themselves, then how could he help Singaporean to have better life...... only possibility is that gov dun tax so much, lower the cost of living....... not increase the transportation cost & etc...... helps lower income singaporean.......

when come to charity, as gov to donate more and absorb the toll free charges as well.

President got no power one... only do Charity only... talk so big also no use....
Wonder what can he do?

Neutralgolfer wrote:

sdt wrote:

swing2sky wrote:

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

This morning hear from radio that Dr Tony Tan putting remarks that he will do something when he become president....... question is that, big boys in America can't even help themselves, then how could he help Singaporean to have better life...... only possibility is that gov dun tax so much, lower the cost of living....... not increase the transportation cost & etc...... helps lower income singaporean.......

when come to charity, as gov to donate more and absorb the toll free charges as well.

President got no power one... only do Charity only... talk so big also no use....
Wonder what can he do?

President job scope (maybe only):

1) meeting overseas president / minister say Hello, how are you?
2) Dinner........ afterwhich say "Bye..... and take care or have a good evening"
3) Month ends comes is most exciting............
4) Daiily look after the country reserve fund...... "counting money, if guess" hahahaha

That why so many people is applying which include our Seiko......... and he miss his closing dates...... damn...... otherwise, I will mentally support him and vote for him...... as "Press Ce Dent"

5) president always get a post-it note from "uncle" that always say "sign here".....

swing2sky wrote:

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

Didn't know your english so powderful. Well done !!!

BTW, why you so scared? you so rich can afford to change club every month?

Well shared bro S2S.....
Myself also concern about this too.... Just guessing that might happen sometime be4 or after year end..... We shall see....
Indeed, now USA is being safe for now... But the world are still looking at State and Europe.
Just beware.......

Once again, thanks for all the highlight....

...Like Rocky say.....TIME FOR SHOPPING.......S2S, remember the Serangoon garden house i was looking at ??? How ????

What is there to worry? Just short the market lor, can also make a ton of money if you dare. hehehehe

What Serangoon garden house? I want i want.....

salty dog wrote:

What is there to worry? Just short the market lor, can also make a ton of money if you dare. hehehehe

What Serangoon garden house? I want i want.....

Please lah...you have a few leow...leave that for me...I like the satay beehoon there lor !

We share share lah, 50/50. next time and drive to golf club in one car. hehehehe

Haloooooooooo i am a married man and you don't forget about it !

Wah lao, this thread is turning RA. Everyone must be thinking funny things......

Hey...what izzit got to do with the Serangoon Garden har......
Now is about the Recession coming near soon la....

salty dog wrote:

swing2sky wrote:

Last night, wall street was bleeding in the Red with all markets down by more than 4.3%, one of the steepest decline since the last crisis. Today Asia markets are not spare with Hang Seng & STI dropping to 4.4% & 3.3% as of now.

Presidential hopeful Dr Tony Tan who is executive director and chairman of GIC believe it will. He was right in his forecast in 2007 of the 2008/2009 recession. He may be using scared tactics to win the race to Istana. But as chairman to Singapore sovereign wealth fund, I do believe that he has privileged detail information that is unknown to the general public.

But than again, in the investment world, what goes up must also comes down...only guessing work is who will be the last sucker when the music stops.

Do you think the falling knife will continue...? And the music is stopping soon?

Didn't know your english so powderful. Well done !!!

BTW, why you so scared? you so rich can afford to change club every month?

I learn my Angmo from you mah...

Uncle Lau wrote:

...Like Rocky say.....TIME FOR SHOPPING.......S2S, remember the Serangoon garden house i was looking at ??? How ????

Serangoon Garden, since when you downgrade yourself

I thought you're looking at Nassim Road and Bishopgate luxury property with their tree-lined boulevards, generous space between houses?

SSSSSSSSSSSShhhhhhhhhhhhh........kapo....

GolfMan wrote:

Hey...what izzit got to do with the Serangoon Garden har......
Now is about the Recession coming near soon la....

UL waiting for the property market to crash lah...He wants to buy property in Serangoon Garden..

Uncle Lau wrote:

SSSSSSSSSSSShhhhhhhhhhhhh........kapo....

SShh...keep a low profile...SShh....

swing2sky wrote:

GolfMan wrote:

Hey...what izzit got to do with the Serangoon Garden har......
Now is about the Recession coming near soon la....

UL waiting for the property market to crash lah...He wants to buy property in Serangoon Garden..

Serangoon Garden no HDB meh ???