The most difficult thing to do is sit on cash and not deploy it while watching the markets fall.
I wish someone can lock me away and my cash for 6 months. I am sure by then we will be in a full blown crisis and markets will be deep red. But waiting is the difficult thing to do.
Currency war is upon us. The USD/RMB rate has surged above 7 and this may well spark a round of competitive devaluation among exporting nations. In a sense, the Chinese are now open to using exchange rate as means to counter the effect of tariffs. The US would not sit idly by and one can be sure that Trump would pick this up and jaw bone the Fed to cut rates even further. This quiet currency war may well pop out into the open. I still think that the USD would end up being stronger unless the Fed cuts rates more aggressively. And as reluctant the Fed is, it may well be led by the Markets and by political forces to cut.
Bears should not be too happy so soon... while the sentiment has turned south, a rate cut would support the S&P and we may yet see another u - turn down the road.
He is standing by his container (full of cash) to buy now ...![]()
somehow i can feel the fear is here and there will be a reversal anytime and it will probably hit new high this week. anyone shares the same thought as me?

AREIT, FCT & MCT are my 3 veteran defenders![]()
what r ur take on this dw? will market crash as predicted?
Guys, any views on AUD/SGD ? Its currently in the 0.93-0.94 range and am getting tempted to buy some but not sure where to deploy the AUD. I dont want to buy any Australian property, so it has to be in some other asset.
You mean 'crash' like GFC 2008/2009? Unlikely IMO.
Deep correction like 2013 or 2016, possibly.
Small & knee-jerk correction like May-Jun 2019, most probably.![]()
AREIT, FCT & MCT are my 3 veteran defenders![]()
I still believe this is a bull market. There are no significant catalysts to trigger a meltdown or crisis. All these uncertainties, fears, tweets etc sending panic selling/buying are self-fulfilling prophecies. The moment Trump send a tweet about trade war, the market goes crazy and are, well, momentary panic reactions. You still see stocks breaking out, surprise earnings, plants developing etc.
But of course, I love all these fears and uncertainties, the more the better, the more opportunities there are.