... from this blog, that is. Its been more than a month from my last post.
Its been a pretty bad month for equities, with the S&P falling from about 900 points to 687 currently.
The KLCI is also kind of wobbly, at 858 now. Its being dragged down by TMI and Maybank, both of which have been bashed down due to their enormous rights issues.
I dont own either stock so i dont really care. I'm more interested in the outlook for the global economy. Things still seem to be sliding downwards. the US unemployment rate has reached 8.1%. From a personal perspective, I'm hoping this mess lasts for as long as possible so that I can buy as many stocks as possible for cheap as possible. A long mess wont be very good for the average person, of course, but, well, I guess its conflicting interests.
Anyway, going to bed now.
