Despite the bloodbath in the last trading session of the US market, our local bourse appears to be more resilient, as I've originally hoped to find Great Singapore Sale today.
I feel that the market tumble last night is a knee-jerk reaction to the latest August inflation data newly released that fell short of market expectations, and the futures of the major market indices appear to set the stage for a mild rebound tonight.
I had bought some 🍎 last night and plan to continue to load up my shopping cart if there were to be more cheap sale going on.
“Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria,” John Templeton, one of the world’s most successful mutual-fund managers, had said. “The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”
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