What are the Main Risks in year 2010?

[Dennis Ng]

Year 2010 is the Tiger year. Past Tiger years are no quiet years, with lots of upheavals......eg. 1974's Oil Crisis, 1986's Singapore's First Recession, 1998's Asian Crisis.....

However, things seem to be Rosy for year 2010, what are some of the main risks in year 2010?

1. China Property Market bubble bursting - prices have been going up, up and up......rumours is that alot of the bank loans given to corporates have been diverted to the Property Market and Stock Market.....if China property market crash in year 2010 or year 2011, it will be negative for HK and S'pore property market as well.

2. U.S. economic recovery might disappoint. Alot of expectations is already priced into the stock markets, if the economic recovery turns out to be worse than expected, the markets might correct further.....

3. Europe. First it was Spain, now Greece, which other country in Europe might shock us with their national debt crisis? Who knows?

And if all 3 turn out to be OK, then year 2010 will be a Huat, Huat year!

[Dennis Ng]

I posted the following comments on 19 Feb 2010:

What are the Main Risks in year 2010?

Year 2010 is the Tiger year. Past Tiger years are no quiet years, with lots of upheavals......eg. 1974's Oil Crisis, 1986's Singapore's First Recession, 1998's Asian Crisis.....

However, things seem to be Rosy for year 2010, what are some of the main risks in year 2010?

1. China Property Market bubble bursting - prices have been going up, up and up......rumours is that alot of the bank loans given to corporates have been diverted to the Property Market and Stock Market.....if China property market crash in year 2010 or year 2011, it will be negative for HK and S'pore property market as well.

2. U.S. economic recovery might disappoint. Alot of expectations is already priced into the stock markets, if the economic recovery turns out to be worse than expected, the markets might correct further.....

3. Europe. First it was Spain, now Greece, which other country in Europe might shock us with their national debt crisis? Who knows?

And if all 3 turn out to be OK, then year 2010 will be a Huat, Huat year!