That why I keep on remind myself one simple theory.

Crowded trade is always wrong in investment,
in other word, when more and more people screaming to buy, and more crowd are joining the bandwagon, then often the investment highly will go wrong one.

This apply across various investment target.

That's why I do not like to see a lot of people say good thing about reit... 
and it makes me worry when people are rushing to buy property... and thinking property price always go up one.

I am still wondering, if FF exit emerging market and invest US, by right, Dog Jones should surge up, but why are we not seeing those?

The word, deleveraging.

When yield is getting higher, it makes no sense to borrow and invest.
No every investment made is done by own cash money.

A lot of investment can be done by leveraging.
For eg.
When one want to invest in equities, bonds or whatever that yielding 4-5%, investment banker can arrange margin/leverage facility for one, x million to invest.
The borrowed money carry interest of 2-3% (due QE effect), while the investment target yielding 5%, a carry trade, without need to bring out a single cent, and enjoy the difference.
A net 2% difference of 1 million means 20K without sweat, without need to fork out a single cent.
1 million for investment banker is peanut only.

So when yield is getting higher, the reverse happens.

   

Ya same view with a lot of lady friends...

C&K is listed in SGX 

wah got giordano now want charles & keith? 

FJ Benjamin in SG too ..... brands it carries refer to > http://www.fjbenjamin.com/our-brands.php

suggestion only....... 

recent AR http://research.maybank-ib.com/pdf/documen...080513_4196.pdf

Three country shares! Maybe four if include US, can monitor meh?

hmm all US data is better than expected ... @.@
but no guarantee mkt will be up... haih... such a tough game to play