We've seen during the volatile market, not just bear has the power to drag 2-3% down for the market, the bull also has the power to push the market up by 2-3% in a day. This is something that has been acting quite differently compared to the past.
The only thing that driving up and down becomes the news that spread across and now the main focus is on Europe. The problem with Europe and US is that they have run out of cash and if they were to print more money to stimulate the market then they'll be running the risk of having currency depreciation, and will soon drive to other economic problems... However if no other things helps, printing money will still be the fastest way.
On the other hand, we have the Asia side which had already started to control the problems by controlling interest rate. Asia is the one having cash to stimulate the market if needed but if Europe issues drag over to Asia, even with the stimulation it will only helps a little. Asia consumption is there, they've good reserve (for majority of country). The only thing is inflation which they will need to control.
Will Europe issue be a global issue? Being one of China's largest export region, will China let Europe down? Europe down will affect China which ultimately affecting the whole world. China had seen some improvement on the inflation and all they need to do now is to wait and watch how bad can things go..
So... Bull or Bear?
Will be be a 'lost decade' for US and Europe due to their prolong issues and once their confident level stable. Asia will be the best market to be on the top?
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