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2020-03-25 09:51 | Report Abuse
Fed now on unlimited QE. What's next ?
Devaluation of USD ? Gold, commodities , emerging stock marts .. to go up ??
But this time around, we have another actor - virus. Money is dropped from the sky for everyone. Since economic life has shut down due to lock down, money cannot buy a lot of things.
2020-03-25 09:43 | Report Abuse
Posted by Karlos > Mar 24, 2020 9:10 AM | Report Abuse
Very surprised that only now Tony realized biz in India is challenging. He should have known better as he was late comer to the party. For years many foreign, Malaysian included, had bad experience doing biz in India. Even for local Indian companies, many suffered too.
Doing any biz in India you have numerous hurdles to face and overcome.
AK learned it the hard way.
2020-03-24 11:59 | Report Abuse
1st QE - interest rates down
2nd QE - USD down - devaluation of USD - commodities rise, gold up ...
3rd QE - not much effect
By Mar 2009, Fed talked abt 'green shoots"..
When the markets rallied in Mar 2009, the famous economist, Nouriel Roubini said it was a sucker's rally. He turned out to be wrong.
2020-03-24 11:53 | Report Abuse
if QE can make the market go up from now to November , they will be very happy already.................now....will people buy shares?
1st QE - interest rates down
2nd QE - USD down - devaluation of USD - commodities rise, gold up ...
3rd QE - not much effect
By Mar 2009, Fed talked abt 'green shoots"..
But, we have another actor this time - the virus. When virus have peaked, maybe the green shoots will appear.
2020-03-24 11:20 | Report Abuse
GST looks good on paper. In the last implementation, they spent off the GST on inputs supposed to be given back to companies. Without getting the back the $$$$ business are legally entitled, many would close shop.
2020-03-24 11:02 | Report Abuse
The first set of quantitative easing caused the bubble in the US, now pricked by the coronavirus pin. Now Fed is starting the 2nd set of QE. Maybe the same movie is about to be replayed.
2020-03-24 10:26 | Report Abuse
GST is the tool to get $$$$ from the public to fill the hole after the nation's money stolen thru' dubious deals to enrich the politicians.
2020-03-23 22:16 | Report Abuse
Tyre punctured big problem. Spare tyre also punctured, yr car cannot move.
2020-03-23 11:19 | Report Abuse
Most of Bursa's trades are done on PC keyboards ... n does not need physical presence. Panic selling .. has contributed to a large volume required by Bursa to profit. Also panic buying by short traders. Which business is like this ?
2020-03-23 09:37 | Report Abuse
Scientist in S'pore published the latest findings - Covid has mutated into a less lethal common flu.
2020-03-23 09:09 | Report Abuse
order amidst chaos
https://www.tradingview.com/x/Oa3PvPUr
2020-03-23 09:01 | Report Abuse
order amid chaos
https://www.tradingview.com/x/ChgmtxGb
2020-03-22 19:01 | Report Abuse
The fire is in the distance bright and clear. What did Dotart do during the last 3 months ? Laughing at China, telling Americans US economy is doing great..... Now blaming China for lack of information.
Dotart should have prepared pails of water in case the fire spreads. This he clearly did not do. He is not blind.
2020-03-19 21:52 | Report Abuse
They will charge u an insurance premium u cannot afford to pay.
2020-03-19 21:27 | Report Abuse
If gomen set up a fund to mop up the shares of KLCI, then the market can stabilize.
2020-03-19 21:25 | Report Abuse
Posted by PVTHSD92 > Mar 19, 2020 8:54 PM | Report Abuse
Base on current situations. Plse wait for Virus fully recovered first then only buy. Once virus is recovered. Share price will be still low. Why have to be so " KAN CHONG" and so " KIA SU".
It makes a lot of sense. Technical analysis is not reliable now. It is just panic selling since that idiot started making statements for Bursa to shut down.
2020-03-19 15:58 | Report Abuse
Stockbrokers association denies calling for Bursa suspension
2020-03-19 15:17 | Report Abuse
This is not in line with Movement Control. Essentially, all galleries in stockbroking firms are already closed. Those trading are doing it at home online.
If they close it for 2 weeks, expect a free fall when it reopens when herds of investors will head for the exit.
All financial services are under Essential Services.
2020-03-19 15:05 | Report Abuse
This ASCM should not have opened his mouth. Now everybody is heading for the exit.
2020-03-19 14:17 | Report Abuse
A better way is for the gomen to set up fund to buy KLCI component stocks.
2020-03-19 14:16 | Report Abuse
When it reopens, we will see a free fall.
2020-03-19 14:13 | Report Abuse
It happened in Hong Kong stock exchange when it suspended trading for week in 1998. When it reopens, everybody run for the exit.
2020-03-19 14:12 | Report Abuse
Gomen should set up fund to buy klCI component shares. If Bursa is suspended, a free fall would occur when the stock exchange reopens.
2020-03-19 14:08 | Report Abuse
I think huge selling afterwards.
2020-03-17 20:15 | Report Abuse
I wonder what are those so-called "technocrats" in the government doing? Incompetence, I think.
2020-03-17 14:43 | Report Abuse
Russia's move is political. Free pumping of oil would probably last fro at least 1 year.
2020-03-16 23:15 | Report Abuse
Posted by qqq33333333 > Mar 16, 2020 10:38 PM | Report Abuse
malaysia is not Nanjing...........
how did Nanjing go to zero infection?
Enlightening !
2020-03-16 23:12 | Report Abuse
I do not think they will close the stockmarket for 2 weeks. If they do, it will be disaster.
2020-03-16 14:47 | Report Abuse
FED is pressured by Dotart but it is not able to save the Dow from free fall. Dotart could not intervene to stabilize the market as Americans say that would be socialism. Well, let the free fall continues as Fed has no more bullets left.
2020-03-16 14:40 | Report Abuse
That's is why rate cut is not everything. Fed has lost all its bullets by doing so being pressured by Dotart. What now? Dow set to fly ? I think the worst is yet to come.
2020-03-16 14:37 | Report Abuse
https://invst.ly/q4m4s
Unless, gomen stabilize the market n it is likely to sink deeper. But, the gomen is sleeping.
2020-03-16 09:46 | Report Abuse
Other gomens are stabilizing their market. Here, everyone in the gomen is sleeping.
2020-03-16 09:44 | Report Abuse
Dow plunged cos Fed has no bullets left.
2020-03-16 09:39 | Report Abuse
Dow futures plunged bcos Fed has no bullets left. If the central bank cut more rates, the market will also plunge. Rate cuts not magic bullet.
2020-03-16 09:31 | Report Abuse
Dow futures plunged as Fed has no bullets left.
2020-03-16 09:27 | Report Abuse
It means Fed has no bullets left.
2020-03-13 15:06 | Report Abuse
Zhao last week told reporters at a briefing that “no conclusion has been reached yet on the origin of the virus”, and that there were “ulterior motives” in labelling it as having originated in China. He cited remarks by Zhong Nanshan, the prominent Chinese respiratory expert who has become an authoritative voice on the outbreak, that the coronavirus may not have originated in China.
2020-03-13 14:53 | Report Abuse
Maybank is likely heading towards $7.30
2020-03-13 14:41 | Report Abuse
If this is not so, why Americans in Hawaii who have never been to Wuhan also got Covid 19 ? The US have carriers inside their community. Any closure of their borders does not work.
2020-03-13 14:36 | Report Abuse
Zero interest rates is not a magic bullet as Dotart would believe. Dotart thinks that if Fed lower interest rates to zero, the virus would go away.
WE are now at the beginning of 2008. At every crisis, an opportunity arises.
2020-03-13 14:33 | Report Abuse
Medical insurance is expensive. With GST looming on the horizon, most would prefer to go to gomen hospitals.
2020-03-12 15:53 | Report Abuse
We already do not have any defence a long time ago. Who push our national levels to record high ? The gomen of the day have all the so-called technocrats giving advice. It turn out that all are half-baked. Maybe, they should have employed you, Sir, for half their pay.
Russia is confident of the oil war because it has little debt.
2020-03-12 15:48 | Report Abuse
Give him a break! He is buying everything cheap.
2020-03-12 15:46 | Report Abuse
Bursa is obviously having a good time. When ppl panic sell, it creates volume for Bursa.
Blog: Trump seeks S.Korea's help for medical equipment to tackle coronavirus
2020-03-25 16:10 | Report Abuse
Dotart asking for help ?? Ha Ha