Daily Market Report (6 Sept 2019)
- Looks can be deceiving. US equities resume its uptrend with the DJI Index recovered by more than 1,000 points over the last 6 days while the US 10-year Treasury yield spiked up to 1.56% from a low of 1.44% only 3 days ago.
- Nonetheless, we brace ourselves for another volatile ride as we believe the situation may turn for the worse (again) since nothing has been resolved so far. Therefore, are we back to the norm? We do not think so hence continue to advocate investors to Buy on Weakness.
