Market Update 12/09 – 16/09
Well its mid-way through my favourite month of the year and the SET is down some -4.5%, why? Well we know why but can’t type it in public, though from what I’ve been told everything has been pre-arranged internally. You take from that what you will. The Fed is supposedly meeting soon and that should add another round of volatility to the markets this month and a lot of local brokers are stating that because the FTSE rebalancing is done that we may see more weakness in the market. Fun times for sure.