It has been eventful for Nov and very soon closing of 2016 is here.
The markets have moved quite drastically here, and it's interesting to see how it will move on into next year.
The 'trump' card. USD has pulled back from there, and more strongly than ever is aiming for new high grounds. The US stocks surged with bank counters, on hope of new policy changes on banking industry.
A pragmatic leader and divided country. Changes will be brought in and world economy are getting more divided seemingly.
I would think markets have been at some too optimistic side. Corrections are due.
US will see challenges and that will bring back USD to reality. Besides, US stocks are no longer say cheap on valuation ground. The index may get range moving, and from there, individual counters performance will vary quite some.
The emerging markets should be able to hold their ground. The negative side have been factored in to some good degree, and value is about to come into play.
Will there be a crash? I would think chance is at lower percentage. Usually markets don't crash when there are obvious challenges around. So I would think SG markets will have some good move next year, at least some range opportunity.
Brexit is still there, and Europe still struggle with refuge issue. With this background, UK is bringing opportunity with the weaker pounds and weaker stocks. It's not easy to pick the right timing and stock choice, and hopefully some prudent trades can bring decent profit.
Disclaimer: This post is not a call to buy or sell. Plse do your own analysis and make investment decisions.