Dow futures plunged as Fed has no bullets left.

They do not know what to do.

It means Fed has no bullets left.

https://invst.ly/q4jxv

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.

Maybank is likely heading towards $7.30

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.

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.

Medical insurance is expensive. With GST looming on the horizon, most would prefer to go to gomen hospitals.

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.

Give him a break! He is buying everything cheap.

Bursa is obviously having a good time. When ppl panic sell, it creates volume for Bursa.

Panic selling creates volume. This what Bursa needs.

Quoted fr HLIB: Although the Black Swans Witnessed This Year (US-Iran Tensions, Covid-19, Domestic Political Shifts and Oil Crisis) May be Blood for Equities in General, This Has Benefitted Bursa Via Heightened Trading Activity. Both Equities ADV and Derivatives ADC Have Shown Robust Numbers YTD, Increasing Vs 4Q19 and SPLY. In Addition, Higher Retail Participation (YTD: C.27.4% Vs FY19: 25%) Should Help Lift Bursa’s Blended Rate on Equities Trading.

All big companies already have CRM systems running. e.g. Genting have it .... Small companies do not need it. CRM is nothing new.

Trump will phone SA to tell them to stop all these nonsense. After all, SA needs US protection.

of course, gomen is whining abt loss of revenue due to plunge in oil prices. But, in good times large sums of $$$ has been siphoned off via 1MDB.
Our national debt is already at its limit. It won't take a rocket scientist to tell us that too much debt is bad.
Russia is able to withstand oil price in its $30 plus range because it does not have much debt.

WEll, lets hope the God, Trump, will phone SA n ask them what the hell they are doing. Does SA still need US protection ? Ask them to stop all this nonsense.

Airasia's business is mainly China. Covid in China appears to have peaked n would taper off in the coming months.

Now they are glamouring for GST. The machinations of selfish politicians have caused KLSE to pluge n created a 'wealth loss'. Now they are asking ppl to pay more for their necessities in these hard times.

The problem is they do not believe. Trump thinks that lower interest rates or zero rates would kill off the virus.

His first job is to stabilize the stock mart by setting up another Valuecap to buy up undervalued shares. This would restore the 'wealth effect' lost thru' machinations of those politicians who put him there.

Russia has small debt. US sanctioned Nordstream n Rosneft. Russia knows that maintaining a high price of oil when being sanctioned by US from selling its oils brings no benefit. So, better to have a free for all price.

But SA has lots of debt.

Chart update: pattern in final phase

https://www.tradingview.com/x/90bFWV21

Oil prices drop to USD30. What does this tell us ? The worst is yet to come for M'sia.

Aramco drops below IPO price as Russia strikes at US shale oil producers.

Russia take on US shale oil producers. US sanction Russia's Nordstream 2, sanction Russia's Rosneft in Venezula. Russia strikes back n make oil price collapse to bring shale oil producers to bankruptcy.

order amidst chaos.

https://www.tradingview.com/x/qw7laQIP

Interest rates getting lower n lower means ""tightness in the liquidity of the financial system." ? ???

It means excess liquidity. When interest rates drop to zero, lending is free.

"tightness in the liquidity of the financial system." Where is the tightness ?
Another round of mergers will lead to high rate of unemployment. Maybe, they should offer the job of goat herders.

470 million add to goodwill ? It means TG purchased the company 470 million more than it is worth.

Why should we buy all this BS ? Every politician claims they want to save M'sia. For their own benefit, I suppose.

But Bosku is only able to power the few index-linked stocks up to create the false facade prior to elections. The rest of the stocks did not fly up. In the charts, he created a double top ! An impending signs of a correction.

But he did something more effective. He increased spectrum fees to bring down all the telcos.

Perhaps, an easier way is to get gomen funds to shore up the stock market n create the 'wealth effect' via the stock market .Bernanke cleverly used the "wealth effect" via QE2.

In bad times, gomen spends to revitalize the economy. The problem here is : in good times, they also do the same ! One way is to print RM out of the thin air like the Americans do. Could we?

Unless gomen funds comes in to stabilize the market.

This penicillin has not much effect.

No doubt it rebounded. But this is wave 3. It is going to retest its new lows after wave 4 to complete the 5 waves.

If those at the top are caught stealing, they won't get their hands chopped. This BS is only meant for the ordinary ppl.

update

https://www.tradingview.com/x/BQ4ewPAt

PAS kept quiet when 1MDB siphoned off all our $$$$. PAS good for what ?

This stock only takes buy, sell commission, listing fees. ...as its income. Oil price, exchange rates have little effect. Whether we panic buy or panic sell, it stands to gain.
A good stock for long term.

Look east, look west, look north, look south..but we are back at the same spot.

The political uncertainty unleashed by selfish politicians has cost a huge capitalisation loss in Bursa.
Remember Bernanke's QE2 gamble to boost share prices which in turn would drive a wealth effect that would boost the economy ?

This wealth effect helped the US economy to recover. Unfortunately, there is no stabilization mechanism here, hence, the free fall.

To my mind, Genting does have a huge upside. But we do not know how far it will go down before the turning point to the upside.

I quote from one Elliott Wave pro :" trading the markets requires us to be aware of what is happening around the world. It is not just wave count that helps you make money...

https://www.tradingview.com/x/4oTeMryg

This is the same chart I posted earlier. It is slowly progressing the target zone.

Where got $$$ ? f u like GST, u can clap yr hands. U may get it, once the return to Kleptocracy completes.

Let see how the US will do its lockdown.

The Soviet Union followed US advice. What did they get ? Disintegration, US missile placed closer n closer to Russia. Putin spent 20 quiet years to rebuild Russia's military power. Russia is not communist, but gets US missile threat n sanctions.

LKY was the leading authority on China, having spent hundreds of hours with its leaders. I do not read too much into those "western" experts. LKY said democrary will come to China but not following the path of Soviet Union.

Thailand and Vietnam overtaking M'sia is a small thing. The worst thing to come is when Thailand builds the Kra Canal.

The idea of Kra Canal existed in the 1970s at the height of US economic n military power. LKY sought the help of the US not to fund n build the canal.

Now, the PRC has the expertise and funding to build the canal. It is a matter of "when". Thailand has not forgetten the US betrayal following the fall of Saigon in 1975.

Posted by qqq33333333 > Feb 27, 2020 3:14 PM | Report Abuse

Let Dap and Anwar talk theory theory...
But what use no power


There are practical people....and there are ideologues..........Pas is an islamic ideologue............Anwar and LKS are also ideologues. They call themselves democrats with democractic ideals...Anwar is likely just a hypocrite....while LKS is a life long oppositionist,,,probably that is his natural habitat. ...............................none of them are Deng Siew Peng............any cat will do........and cross the river while feeling the stones............and that............is the state of malaysian politics.................Dr M is both a patriot and a practical man...............alas people of lesser intelligence will mis understand Dr M............and even become cynics.............

Lots of good insight !
If Dr M appoints a cabinet of technocrats, all without political leanings, isn't this a practical solution for the time being ?