US economy improving slowly says Feds

Now this is what I am talking about, issues of natural disasters, speculative selling, and profit taking are finally slowing down. Things are moving at a slightly natural flow.

Yesterday the Feds announced in minutes that economy is slowly improving. This is an indication that cyclical sector is slowly moving upwards once again! Hah, after weeks of sufferings!  


Well as for now, industrial stocks is picking up already, after yesterday’s closing on NYSE. And I have mentioned in my previous post that cyclical stocks were sold down mercilessly. 


BUT now....if you have liquid cash, its time to slowly targeting cyclical ones that is very cheap right now. Industrial and energy like Caterpillar and Sandridge are one of them.

Question here, why am I looking into economy in US rather than Malaysia??! 

Simple question with simple answer. US being a leading economy dominator will affect most of the countries around the globe. Especially those relying on US economy to boost its country’s growth. Malaysia being a developing country is attracting the support from US, this is an indicator that Malaysia economy is partially related.

Malaysia launched Invest Malaysia New York 2011 (IMNY 2011) event in New York yesterday attracting fund managers, brokers, MNCs and bankers to invest in local companies. So like it or not, if this prove to be successful, we can’t avoid NOT looking into US economy!

You can do homework; try to look at the result of NYSE stock index.  If it rise up high today, KLSE index will rise as well the next day.

This is just one of my simple indication, but bear in mind I am not an economist who went through comprehensive research to justify anything. I am just a simple investor.