Stockman blogs

The era of strong US$ will be truly and forever over

stockmanmy
Publish date: Tue, 25 Apr 2017, 04:20 PM
Trade at your own risk. I am here only to vomit out my feelings

The era of strong US$ will be truly and forever  over...Trump intends to propose a drastic cut in corporate tax to 15%..................and that is good for Malaysia and China as we don't have to worry about currency slides. The weakness of ringgit is recent years have held back foreign investors. With this factor solved, foreign investors are coming back to Malaysia. China will relax its capital controls once the pressure on the yuan eases, and that is good for HK and Malaysia. 

 

Put your head together...Think of the implications. 

 

The world and East Asia in particular has to find an alternative investment for their central banks. No more reserve currency status for US$.

 

Air Asia and AAX will fly.

 

what else?

 

 

 

 

Discussions
Be the first to like this. Showing 33 of 33 comments

stockmanmy

Gold will fly....that means Bornoil

2017-04-25 16:25

fool5491

A piece of S!@#

2017-04-25 16:25

stockmanmy

Genting will fly because Genting is the best of the blue chips for foreign funds.

Genting also very highly geared warrants for extraordinary returns.

2017-04-25 16:26

stockmanmy

you can stay sidelined. No problem.



fool5491 > Apr 25, 2017 04:25 PM | Report Abuse

A piece of S!@#

2017-04-25 16:27

stockmanmy

all e commerce counters will fly.

all technology shares will fly.

2017-04-25 16:30

cn21

Trump intends to propose a drastic cut in corporate tax to 15%. => this decision will attract more US fund currently parked outside US go back to US, and therefore US dollar will appreciate further....NOT depreciate!

2017-04-25 16:39

stockmanmy

too bad......Trump is such a stupid fella, he will be impeached soon.

cn21 Trump intends to propose a drastic cut in corporate tax to 15%.

2017-04-25 16:41

stockmanmy

If this thing goes through US$ will collapse, almost a certainty.

whoever central bank wants US$ as reserve currency must be idiots.

2017-04-25 16:52

KLCI King

bullsh*t, kaki kong kaki song

2017-04-25 16:58

Surewin123

When Trump approves a tax cut, he does it with the U.S. in mind. I believe the tax cut move aims to attract, if not repatriate, both local and foreign investors and entepreneurs to make America great again.

This will lead to strengthening of U.S dollar. Yet, a prospering business environment requires currency stability, and that the currency being too strong can weaken export as well. So there are measures employed to depreciate U.S. dollar so as to make it competitive and business-friendly in international context.

How about Malaysia? We're just a chess moving together with U.S. Dow Jones. I believe there will be more positive impacts to our Bursa if we first fix our nation's credibility and political stability. Then the funds will flow in.

China for sure. Already buying up Proton from Hicom. Alipay partnering with local e-commerce activities, so we can see funds flowing in, positively.

2017-04-25 17:12

cheoky

I really don't understand the author logic of mind. Try to give this Sorchai author benefit of doubt, but in the end, I would said author mind got holes, big holes, maybe suffering ego disillusionment. I tell myself throw it into rubbish bin whenever see stock Manny posts or comment. It is an insult to my logic of mind.

2017-04-25 18:00

stockmanmy

just shows your mind kosong.

cheoky > Apr 25, 2017 06:00 PM | Report Abuse

I really don't understand the author logic of mind. Try to give this Sorchai author benefit of doubt, but in the end, I would said author mind got holes, big holes, maybe suffering ego disillusionment. I tell myself throw it into rubbish bin whenever see stock Manny posts or comment. It is an insult to my logic of mind.

2017-04-25 18:19

stockmanmy

why not abolish tax all over the world.....if you are right....

All these Republican top down thinking is such a mess.



Surewin123 > Apr 25, 2017 05:12 PM | Report Abuse

When Trump approves a tax

2017-04-25 18:21

stockmanmy

America cannot have a low tax regime simply because their government spending is off the charts and no way to curtain it...Trump is not even trying....Trump like Bush just wants to cut tax and spend spend spend.....got like that one before becoming Greece? or bankrupt just like Trump himself/.?

2017-04-25 18:25

stockmanmy

whatever happens to Trump tax proposals, weak US$ era is here to stay.....your job is to see how to benefit from a weak US$ era....any proposals?

2017-04-25 18:32

stockmanmy

There is no doubt Trump will set in motion the biggest financial disaster the world has ever seen...I have no confidence that Congress or any force can reverse it.....But, before the bad comes in 5 to 10 years......your job is to make hay while the sun shines.

2017-04-25 18:37

stockmanmy

idiots may think America can have low tax regime and Trump army and spend spend spend without paying a price.....................

Its baloney, a kid's dream.

2017-04-25 19:33

Surewin123

hmm, do you remember that Dow soared when Trump won the election? I come across his book and he is real good in doing deals.

2017-04-25 19:57

stockmanmy

Trump is an idiot, certified by psychiatrists to be mad and incapable.


Half of Americans are crazy and mad in any case.

2017-04-25 20:00

stockmanmy

the author of that book...his biographer hates Trump and regrets writing that book for Trump



Surewin123 > Apr 25, 2017 07:57 PM | Report Abuse

hmm, do you remember that Dow soared when Trump won the election? I come across his book and he is real good in doing deals.

2017-04-25 20:03

stockraider

This mammy is a Trump hater loh....!!

But Trump will be one of the greatest President USA ever had....!!

Trump is the gamechanger for usa loh...!!

2017-04-25 20:05

stockmanmy

I know...raider is an idiot.....knows that long ago.

2017-04-25 20:06

stockmanmy

A good trader makes hay while the sun shines

but only an idiot may think America can have low tax regime and Trump army and spend spend spend without paying a price..................... America already has a bloated war budget., and bloated government.



Its baloney, a kid's dream...a raider's dream, an idiot's dream.


America is certainly not Hong Kong or Singapore who has low government expenditures .

2017-04-25 20:17

stockmanmy

weak US$, strong China economy can only mean commodity prices will stay up, .........That is good for Malaysian finances and Bursa.....I do see a year long rally for the rest of 2017.....

go make hay while the sun shines.

2017-04-25 20:28

stockmanmy

what seems high will go higher
what seems low will go lower

stay with Air Asia , AAX, technology shares, AeonCR,

what else?

2017-04-25 22:51

stockraider

Bcos of trump is at 21000 level

2017-04-25 22:56

stockmanmy

because of Trump, the world is getting uglier by the day........

when a kid become President of USA, it will end badly.

2017-04-25 23:33

stockmanmy

stay with Air Asia , AAX, technology shares, AeonCR,

what else?

Genting, Green Packet, Vitrox

2017-04-25 23:36

stockmanmy

How to interpret US government policies is actually very easy .........


what is short term good will cause long term pain

what is short term bad is medicine for long term good.

As traders and stock market players, we have to make hay while the sun shines.


If you don't take risk now, you will not survive the winter.

2017-04-25 23:50

pussycats

stockmanmy → all e commerce counters will fly.

all technology shares will fly.
25/04/2017 16:30
............................

me: why all e commerce counters will fly?

why all technology shares will fly?
can u elaborate ???

2017-04-26 00:29

stockmanmy

weak US$ can only be good for all logistics technology and e commerce companies.....furthermore, this is a bull market isn't it?

cheaper imports , more e commerce trade, more technology imports.

I mean, what is there to fear except fear itself?

2017-04-26 01:58

pussycats

ok.Thank you for explanation

2017-04-26 04:55

stockmanmy

I mean in this environment technology shares always gets a premium ratings too.

2017-04-26 06:26

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