Despite the good rebound in the market the past 2 days and despite what people are saying positively on the economy, I am staying away for now.
Too much volatility and bad surprises for a simple minded investor like me.
Plus a few articles I've read like ..
What Are So Many People Freaking Out About A Stock Market Crash In the Fall of 2015?
If History is Any Indication, Junk Bonds and Copper are Telling Us Exactly Where Stocks are Heading Next
You get the picture.
Recall in 1998, oil prices dropped to the lowest since 1970s, RM crashed, stock market collapse, the PM of the day was at high risk of being ousted.
The same things are happening in 2015, call it ...
So unless all these factors are resolved, I expect an overall bad stock market to prevail for now.
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