It was a week to be remembered, as the volatility was mind-blowing. Although a holiday in the US the futures index in globex made limit down. Tuesday saw the FED cut the federal funds rate by 75 basis points to 3.5% and the markets recovered almost all the losses. From fear to greed the market left investors in disarray. The World Top Investor is now 3 weeks to the end and participants like all investors are confused but hoping for the best. How to be sure that global markets are done with widespread selling? This week the FED will meet again and will probably make another dramatic rate cut. Can this prevent recession or is it the culmination of a super boom that has lasted for more than 60 years as George Soros said to Financial Times. Gold made an all time high and is now confortable above 900 usd.

Hu Haochen is leading the WTI for the third week in a row followed by fellow compatriote Hanqui Guo.