Market Update 08/07
I’m curious on industrials given that they are the major underperforming sector in the past 12 months.
Financials did surprise me temporarily with SCB’s price being strong on the back of the news that they’re finally selling to FWD, however it appears that the initial excitement has waned. There’s only a few more weeks left until we begin getting hit by 2Q #’s.
Ah yes and isn’t it amusing that the politicians need to get their act in order again for the King (just like with the elections) instead of getting their $hit together on their own.