Insanity has arrived. 2767 new homes were sold in July - compared to the 1825 sold in June which already topped the previous peak in Aug 2007. What is the world (or rather, Singapore) coming to? Has the foam grown into bubbles? With newfound paranoia emerging regarding a "second wave" of economic turmoil, we are once again fraught with the all-too-familiar uncertain trepidation. The rally last night also left me somewhat unconvinced. Are we really back to black?
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