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Stock
2021-04-07 22:17 | Report Abuse
JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’
(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)
Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.
“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”
Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.
Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.
It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.
At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.
The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.
## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia
Stock
Stock
2021-04-07 22:15 | Report Abuse
JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’
(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)
Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.
“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”
Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.
Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.
It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.
At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.
The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.
## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia
Stock
2021-04-07 22:14 | Report Abuse
Global market is booming soon...
Stock
2021-04-07 22:13 | Report Abuse
JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’By
(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)
Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.
“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”
Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.
Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.
It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.
At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.
The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.
## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia
Stock
2021-04-07 22:13 | Report Abuse
Global market is booming soon...
Stock
2021-04-07 22:12 | Report Abuse
JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’By
(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)
Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.
“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”
Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.
Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.
It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.
At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.
The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.
## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia
Stock
Stock
2021-04-07 22:11 | Report Abuse
JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’By
(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)
Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.
“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”
Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.
Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.
It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.
At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.
The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.
## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia
Stock
2021-04-07 22:00 | Report Abuse
Keyman188 already highlighted here...
## https://klse.i3investor.com/servlets/forum/907144380.jsp
Keyman188 foresee 2nd half 2921 only start more fantasy...
Stock
2021-04-07 20:50 | Report Abuse
Sorry yahhh....Keyman188 not purposely show hand lahhh...
Since this Mr.Fake Sifu sailang to us...
Then Keyman188 wants learn from you lorrrr....
wkwkwk...kekeke....hehehe...
Stock
2021-04-07 20:49 | Report Abuse
@billgates33...Mr.Fake Sifu...Keyman188 saw you TG & MBB also cukup makan worrr...
So let this Mr.Fake Sifu guide us or Keyman188....
The holding list below "cukup cukup makan" for Keyman188 or not...
Dlady @ 34.60
Ajinomoto @ 15.00
HLFG @ 12.44
Tenaga @ 7.80
Genting @ 3.35
Padini @ 2.00
Axiata @ 2.61
IJM @ 1.175
SPSetia @ 0.660
Kerja @ 1.03
Etc...etc...(the rest no need talk talk so much lorr)....
wkwkwk...kekeke...
Please lahh...Don't stingy so much lahhh.....guide Keyman188 lahhh....
Posted by billgates33 > Apr 7, 2021 6:42 PM | Report Abuse
Entire klse up la brother, my tiny holdings in top glove and maybank already cukup makan. No need to risk holding soon to bankrupt stock.
Stock
2021-04-07 20:39 | Report Abuse
Keyman188 always like to eat stem fresh prawn...
ICU store not yet registered at Malaysia...
But Korean CU convenient store just started operation 1st store at 1U shopping mall...
No harm to visit & test...later let us know what is CU feeling or ICU feeling...
Wkwkwk...kekeke...hehehe...
Posted by billgates33 > Apr 7, 2021 7:28 PM | Report Abuse
Eat what prawn lah, klse rally bro, not just genting. Genting kena covid still in ICU, belum tau mati ge tidak. So don't be so happy so soon.
Stock
2021-04-07 20:32 | Report Abuse
Not bad...Foreign funds start accumulating from 1.51% to 2.94%...
Increased by 1.43% by 1 quarter...
Keyman188 also not bad...not only foreign fund found the GEM...
Keyman188 also learn from professional bodies can found this "Diamond GEM"...
CHEERS.......
Stock
2021-04-07 20:29 | Report Abuse
OTHERS HONG LEONG CAPITAL BERHAD (the "Company") Foreign Shareholdings as at 31 March 2021
We wish to inform Bursa Malaysia Securities Berhad that the shareholdings in the Company held by foreigners as at 31 March 2021 is 2.94%.
OTHERS HONG LEONG CAPITAL BERHAD (the "Company") Foreign Shareholdings as at 31 December 2020
We wish to inform Bursa Malaysia Securities Berhad that the shareholdings in the Company held by foreigners as at 31 December 2020 is 1.51%.
Stock
2021-04-07 17:55 | Report Abuse
Today market showing strong positive due to....
Malaysia's growth potential strongest among its peers — Moody's
(theedgemarkets.com / April 07, 2021 17:20 pm +08)
## https://www.theedgemarkets.com/article/malaysias-growth-potential-strongest-among-its-peers-%E2%80%94-moodys
IMF maintains Malaysia's GDP growth at 6.5% this year
(April 06, 2021 23:22 pm +08)
## https://www.theedgemarkets.com/article/imf-maintains-malaysias-gdp-growth-65-year
Stock
Stock
2021-04-07 16:51 | Report Abuse
What is happening today !!!...
Last min push up bluechip become +21 pt+++
Genting suddenly strong buying interest ....
Stock
2021-04-07 16:48 | Report Abuse
That's why Keyman188 always dream to be like T40 lorrr...
That's why Keyman188 learn to invest Genting share to become rich 1 day lorrr.....
Posted by Keyman188 > Apr 7, 2021 4:46 PM | Report Abuse X
Keyman188 also very very broke & poor...
Keyman188 only B40 but still can invest share lahhh...
Keyman188 only B40 but still can eat full..sleep well...living normal everyday lahhh....
Stock
2021-04-07 16:46 | Report Abuse
Keyman188 also very very broke & poor...
Keyman188 only B40 but still can invest share lahhh...
Keyman188 only B40 but still can eat full..sleep well...living normal everyday lahhh....
Posted by Keyman188 > Apr 7, 2021 4:44 PM | Report Abuse X
Aiyo...finally coward street beggar (街头乞丐) replied Keyman188 liao...
Yup...A lot of people so poor...
But BNM record Malaysia more prefer savings...that's why got RM 800 billion under savings account !!!....
Stock
2021-04-07 16:44 | Report Abuse
Aiyo...finally coward street beggar (街头乞丐) replied Keyman188 liao...
Yup...A lot of people so poor...
But BNM record Malaysia more prefer savings...that's why got RM 800 billion under savings account !!!....
Stock
2021-04-07 16:36 | Report Abuse
Only jokers try to avoid the doubtful...
Only depression people try to blame here blame there...
Only optimistic people try to face the difficulties & solve it...
wkwkwk...kekeke..hehehe...
Stock
2021-04-07 16:33 | Report Abuse
BNM already admitted...
Household debt again GDP already surpassed 93%...
Why until now so hard to understand Malaysia Citizen difficulties...
Stock
2021-04-07 16:30 | Report Abuse
Better don't let this coward street beggar (街头乞丐) leave this forum..
Otherwise very very sien...very very silence like other bluechip forum...
But give more Hollywood & Bollywood story lahhh...
Don't just repeat & repeat & repeat same show mahhh....
wkwkwk...kekeke...hehehe...
Stock
2021-04-07 16:24 | Report Abuse
LOL...Really pity this coward street beggar (街头乞丐)...
Now only said yourself low IQ people...
No wonder until now unable to answer Keyman188 comments...
Kesian...kesian...kesian...
wkwkwk...kekeke...hehehe....
Stock
Stock
2021-04-07 16:10 | Report Abuse
真可怜的街头乞丐...
原来没料的街头乞丐...
自编自导自演
Self-producing...self-directing...self-acting...
棟篤笑
真可怜...真可怜...
Kesian...kesian...kesian...
wkwkwk...kekeke...hehehe...
Stock
2021-04-07 10:50 | Report Abuse
原来没料的街头乞丐....
Kesian...kesian...kesian...
wkwkwk...kekeke...hehehe...
Stock
2021-04-07 10:44 | Report Abuse
Aiyo...Please don't forget to salute another fake sifu billgates33...
Keyman188 waiting this @billgates33 to guide us...
But seem like coward street beggar not to answer Keyman188 comments...sien lorrr...
Posted by aliyusof > Apr 7, 2021 10:41 AM | Report Abuse
GHKshareinvestor88...good morning
Stock
2021-04-07 10:32 | Report Abuse
Keyman188 not professional or experts......
Keyman188 always like to follow professional bodies to guide the market directions......
Rakuten : TP - 7.00
Kenanga : TP - 5.93
TA Securities : TP – 5.92
$$$ Average consensus TP - 6.13
^^^ No matter foreign institutions or local institutions like JP Morgan, Nomura Research, UOB Kay Hian, Maybank Kim Eng, CGS-Cimb Research also given super duper bright prospects to Genting Group now...
According to fund managers recommendations...
12 buy call
5 put on hold
0 recommend for sell !!!....
## https://www.theedgemarkets.com/article/after-rising-40-year-ago-genting-still-worth-bet
## https://www.thestar.com.my/business/business-news/2021/03/20/raising-the-wager-on-genting
## https://www.thestar.com.my/business/business-news/2021/02/26/quick-recovery-for-genting-in-2h-says-kenanga
## https://www.thestar.com.my/business/business-news/2021/02/15/gentings-recovery-hinges-on-travel-ban-being-lifted
------------------------------CHEERS-----------------------------------
Stock
2021-04-07 10:27 | Report Abuse
After rising 40% from a year ago, is Genting still worth the bet?
Wong Ee Lin
(theedgemarkets.com / April 07, 2021 09:30 am +08)
## https://www.theedgemarkets.com/article/after-rising-40-year-ago-genting-still-worth-bet
Unbelievable....
According to fund managers recommendations...
12 buy call
5 put on hold
0 recommend for sell !!!....
Average consensus by RM 6.13
Cheers...................
Stock
2021-04-07 09:47 | Report Abuse
@billgates33....So sorry to address you Mr.
Keyman188 don't know you male or female...
So far Keyman188 know the real "Bill Gate" is billionaire Mr. lahhh...
But in this forum @billgates33...fake nick name not sure male or female...
So please don't angry Keyman188 lahhh....
Stock
2021-04-07 09:44 | Report Abuse
@billgates33...Mr.Sifu...you didn't read Keyman188 comments ???...
Keyman188 waiting @billgates33 guidance worrr....
Keyman188 always thing & cognitive long term worrr as you said....
Posted by billgates33 > Apr 7, 2021 9:42 AM | Report Abuse
Genting UK casino reopen 17th May, lol.
Think long term my friend. Guaranteed will close again by end of Aug 2021, as the winter flu/covid-19 resurgence season coming in winter 2021.
Entire europe will be anticipated to lockdown again by end of aug till next feb 2022.
Bill gates say pandemic will only end by end of 2022. Yoy better believe it, the world need to kowtow to bill gates prophecy.
Stock
2021-04-07 09:27 | Report Abuse
Ten fast-moving consumer goods players team up to kick start Malaysian Recycling Alliance
(theedgemarkets.com / April 06, 2021 11:49 am +08)
KUALA LUMPUR (April 6): A group of fast-moving consumer goods (FMCG) companies in Malaysia has teamed up to establish the Malaysian Recycling Alliance (MAREA).
In a statement, MAREA said the alliance was formed to enable a voluntary, industry-led extended producer responsibility (EPR) group of like-minded companies to focus on boosting the value chain and significantly improve the collection and recycling of post-consumer packaging.
The first alliance of its kind in the country, MAREA comprises 10 initial members, namely Coca-Cola Malaysia, Colgate-Palmolive Malaysia, Dutch Lady Milk Industries, Etika Group of Companies, Fraser & Neave Malaysia, Mondelez International Malaysia, Nestlé Malaysia, Spritzer, Tetra Pak Malaysia and Unilever Malaysia.
The alliance said its goals will primarily revolve around enhancing collection, promoting the use of recycled and renewable materials as well as minimising post-consumer packaging leakage into the environment.
MAREA said it is committed to collaborating with the Malaysian government and other stakeholders interested in the matter to drive its goal of achieving circular economic solutions that are conducive to a cleaner and greener Malaysia.
MAREA chairman Juan Aranols, who is also Nestlé Malaysia chief executive officer, said the members of MAREA decided that they must proactively take action by creating the first EPR platform to radically improve how consumer packaging waste is managed in Malaysia.
“Through MAREA, we will rethink how we can make the packaging value chain more environmentally sustainable.
“However, change cannot be driven by one entity alone and requires proactive collaboration between FMCG companies, policy makers, consumers, recycling companies and other stakeholders who share an aspiration,” he said.
Meanwhile, MAREA general manager Pauline Goh said that with packaging waste escalating in recent times, environmental concerns are at an all-time high.
“Our aim is to promote sustainable end-of-life disposal of post-consumer plastic packaging waste through higher recyclability and recycled content. Changing consumer habits is also integral in our sustainability agenda and this can only come from sustained and effective programmes which we intend to roll out with partners and other stakeholders,” she said.
MAREA was incorporated on Jan 4 this year.
## https://www.theedgemarkets.com/article/ten-fastmoving-consumer-goods-players-team-kick-start-malaysian-recycling-alliance
Stock
2021-04-07 08:48 | Report Abuse
We need to be humbled to learn & enrichment mahhh...
Keep learning...keep going....
We all human being mahhh...
Not all correct...but need to know yourself 1st lorrr....
Posted by Stocksafeplayer > Apr 7, 2021 8:45 AM | Report Abuse
Hahaha... Why even bother to read the lies spread by biligate33??
He is confirmed very Uneducated glove fly, and knows NOTHING about Genting la...Haha
Stock
2021-04-07 08:44 | Report Abuse
@billgates33....Mr.Sifu, any comments on what Keyman188 commented on banking industry ???...
Keyman188 also wants to learn from you mahhh...
All members also need to learn & enrichment mahhh....
Stock
2021-04-07 08:42 | Report Abuse
Keyman188 more prefer HLFG due to controlling HLBB & HLCap...
Keyman188 personally not favour PBB right now due to number of share market flow very high....Keyman188 doesn't know how to invest lorrr....
Stock
2021-04-07 08:41 | Report Abuse
Keyman188 not professional or experts lahhh...
Based on last year Oct'20 assessment on banking industry...Keyman188 just done the summary lahhh....(don't know correct or not lahhh)...
ROA : -
1) HLBB - 1.16%
2) PBB - 1.13%
3) Ambank - 0.90%
4) RHB - 0.75%
5) ABMB - 0.73%
6) Maybank - 0.72%
7) Cimb - 0.26%
ROE: -
1) PBB - 10.25%
2) HLBB - 9.16%
3) Ambank - 7.40%
4) RHB - 7.40%
5) Maybank - 7.26%
6) ABMB - 7.08%
7) Cimb - 2.69%
Cost to income ratio :-
1) PBB - 35.70%
2) HLBB - 44.30%
3) Maybank - 45.40%
4) ABMB - 47.80%
5) Ambank - 49.90%
6) RHB - 50.80%
7) Cimb - 56%
Gross impaired loan ratio (GIL) :-
1) PBB - 0.40%
2) HLBB - 0.98%
3) Ambank - 1.73%
4) RHB - 1.87%
5) ABMB - 2.00%
6) Maybank - 2.71%
7) Cimb - 3.61%
Disclaimer : All above calculation & assessment data are based on Keyman188 personally preview based on early Oct'20 data, maybe NOT reflect the actual due to Keyman188 NOT professional or experts.
Stock
2021-04-07 08:25 | Report Abuse
@billgates33...Is it sufficient solid Mr.Sifu !!!....
If not sufficient solid then let this Mr.Sifu guide us lahhh...
But Keyman188 not so favour Maybank & PBB lahhh.....
Stock
2021-04-07 08:23 | Report Abuse
Keyman188 wants to let you jealous a bit lahhh...but don't angry Keyman188 lahhh....
Keyman188 listen to you what you said "solid investment"...
Dlady @ 34.60
Ajinomoto @ 15.00
HLFG @ 12.44
Tenaga @ 7.80
Genting @ 3.35
Padini @ 2.00
Axiata @ 2.61
IJM @ 1.175
SPSetia @ 0.660
Kerja @ 1.03
Etc...etc...(the rest no need talk talk so much lorr)....
wkwkwk...kekeke...
Posted by billgates33 > Apr 7, 2021 8:15 AM | Report Abuse
Just a caution morning reminder to my fellow Malaysian not to fall prey to pump and dump speculation of frailing genting stock.
Why you don't see these pump and dump schemers playing stocks like cimb, tenaga, maybank etc. Because those are super solid stocks and not prone to massive fluctuations aka not a good pump and dump stock.
And it's quite the opposite for trouble stocks like Airasia and Genting. So be warned, don't want to see you get wipe out.
General
2021-04-06 20:55 | Report Abuse
Well-prepared for 2nd half 2021...
KLCI constituents will be driven the whole market upcoming...
Please don't underestimate the KLCI constituents empowerment...
General
2021-04-06 20:53 | Report Abuse
IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’
(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)
~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.
~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.
On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.
Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.
“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.
The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.
“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.
The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.
Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.
“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.
As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.
“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.
Recovery in the U.S.
The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.
As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.
Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.
The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.
“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.
## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html
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2021-04-06 20:52 | Report Abuse
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IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’
(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)
~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.
~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.
On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.
Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.
“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.
The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.
“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.
The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.
Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.
“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.
As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.
“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.
Recovery in the U.S.
The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.
As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.
Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.
The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.
“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.
## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html
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2021-04-06 20:51 | Report Abuse
Global economy driven by US & China upcoming...
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2021-04-06 20:50 | Report Abuse
IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’
(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)
~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.
~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.
On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.
Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.
“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.
The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.
“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.
The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.
Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.
“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.
As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.
“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.
Recovery in the U.S.
The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.
As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.
Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.
The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.
“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.
## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html
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2021-04-06 20:50 | Report Abuse
Global economy driven by US & China upcoming...
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2021-04-06 20:49 | Report Abuse
IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’
(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)
~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.
~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.
On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.
Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.
“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.
The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.
“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.
The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.
Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.
“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.
As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.
“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.
Recovery in the U.S.
The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.
The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.
As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.
Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.
The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.
“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.
## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html
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Global economy driven by US & China upcoming...
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Global market is booming soon...