Dear readers, I have been sharing my perspectives of the global stocks markets. Yes, I predict global stocks markets to head low or will crash soon. I have a target of 2,000 for the Singapore stocks markets.
Yes, I understand pretty well that the global stocks markets seem to be doing no so bad after recent sell-downs. But I would think that the markets are simply volatile. Where are the good fundamental reasons to drive stocks higher? Instead, we have all the bearish reasons like the ongoing Covid-19 and slowing economies.
There is simple one reason why even if I do not analyse stocks markets that I think stocks markets may be going to crash soon. The reason is simple. All around me, my colleagues and friends suddenly become very interested in both local and overseas stocks. They have tossed out some names to sound me out.
When everyone on the streets think stocks are cheap and become very interested in stocks, that’s about time that markets are going to correct.