May 7, 2009

Bull or just BS?

The markets around the world, at least for the major part of Asia, rallied like a bull in heat for the last 6 market days and will probably continue to do so amidst job cuts & the controversial Swine Flu (well, some lost lots of business simply because of the name while others in the travel industry are seeing a drastic drop in cross country travels). Confidence seems to have returned for the most  part (bankers and fund managers alike are feeling rich & snapping up whatever they can find in the markets). Fear dissipating & greed once again rules. One would think the last 7 months never happened! It's like the early stage of a difficult pregnancy is now long forgotten and people are looking forward to the arrival of the baby!

It marvels me as to how short term our memories are. Oh, I've made my fair share of mistakes and I'm still living some of them. It is however, in our self defence, that our mind functions (collectively) to want to get over any pain as quickly as possible. Human nature is still optimistic for most and life still goes on for the better part of it...



4/29/09: Presidential Press Conference from White House on Vimeo.

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