Beast. It is not the ultimate direction of the Interest Rates. Its the speed with which they are going eventually to be taken up. We have good news on both fronts today which is why the dow gained 288 points, the s p surged and the nasdaq rocking 2. 12 . What a day for goldilocks. That mythical figure when everything is just going right for the bulls and wrong for the bears. First, les rr deal with the Federal Reserve. We know our economy is Getting Better and better. We can see that from employment numbers and retail sales. Today the fed announced to be patient about raising rates, no hurry at all. That slow deliberate step by step, inch by inch slowly rates may go up one day sent an already upbeat market soaring. Once again, people, especially boisterous fed watchers were totally shocked that the fed decided russia, emerging markets, brazil, all of the scary boogie men could crush this market if we mentioned how concerned and scared we are. Instead they used neutral language but unce
CapitaLand Ascott Trust to Divest Citadines Mount Sophia Singapore for SGD148 Million, IOI Properties Acquires MYR165 Million Penang Marriott Hotel in Malaysia, Choice Hotels APAC Acquires City Edge Apartment Hotels Franchise, Singapore’s Marina Bay Sands Gets Authority Approval for their Fourth Tower Construction, Vietjet to Expand Its Flight Network to Vietnam, China, and Taiwan.