Wednesday, December 26, 2007

Stock market prediction in 2008

2007 has been a good year for investors, Singapore's economy has seen strong healthy growth. Also, there are many upcoming events like F1 and completion of integrated resort will push our economy to grow in years to come. However, things are not looking that good in US. Sub prime mortgage problem has taken a toll on its economy. Financial stocks has taken a beating and housing price fell to its lowest many years.
The main questions for investors in 2008 is whether Us will go into recession? I feel that US will experience a period of slow growth in next year but not recession. US election is coming next year and you seldom see US economy experiencing recession when there is election. Also there is no sign there US consumers is slowing down on its spending. As long as US is still spending, all should be fine in the year 2008. And Singapore should be able to grow wihout the hidurance of the US economy.

Happy investing
Wishing my readers Happy New Year

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