Why NO Interest?

Here is some market commentary posted on Star Biz..

Equity Market outlook
On paper, it would appear that the local stock market is headed for better times, with easing fears about higher domestic interest rates, expectations of a stronger Ringgit and the pullback in the price of crude oil, which will keep inflation fears in check.

Note the following comments...

Rumours and speculation of mergers and acquisitions (including privatisations) also appear to profligate lately, which would obviously be good for the market, especially if there is actually fire behind some of the smoke.

Lots of fantastic rumours, isn't it? Or is plain speculation?

How ironic because OUR business news is one the MAJOR sauce of distribution!!!

As an investor, would you be willing to invest in a market dominated by rumours and speculations?

But for some strange reason, these positives are not being translated into a bullish sentiment on the local bourse. On the contrary, investor sentiment appears relatively muted, at best, particularly among the retail investors (as evidenced by the relatively low daily trading volumes and the almost evenly balanced number of gainers and losers each day).

Yes... big issue isn't it?

Why isn't ppl interested in the market despite the market being at its six years high?

Oh, perhaps this six years high is a lousy indicator? What say you?

And here's more interesting comments...

Spending on consumer durables and big ticket items such as purchase of passenger cars and real estate are down year-to-date and consumer sentiment is further affected by talks of further increases in prices of basic items such as toll rates, petrol prices and food prices.

Here's the thing... if the market is so hot (at its six years high mah), why isn't the consumer spending????

I don't know... what say you?

Care to share some opinions?