Euro-zone finance ministers are continuing to insist that politicians in Greece provide them further commitments especially with regard to debt servicing. Meanwhile, recent economic data from the United States was mixed and Federal Reserve meeting minutes showed that some members consider another round of quantitative easing may be needed to support the economy. In China, foreign direct investment last month fell 0.3 percent year-on-year, the third consecutive drop in the past three months.
One wonders whether investors would be more risk-averse and worried about the fundamentals, or tend to believe that further possible quantitative easing may push the Hang Seng Index higher as in 2009 and 2010. To be defensive, keep buying high-dividend shares.
Source: The Standard
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Posted by D4L | Sunday, February 26, 2012 | ArticleLinks | 0 comments »________________________________________________________________
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