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2021-03-09 09:31 | Report Abuse
Keyman188 already highlighted earlier...
Once break 5.15 level....soon can visit 5.28 ~ 5.30 level soon....
Why under now still stubbornly not believe Keyman188...
wkwkwk...kekeke...
2021-03-09 08:46 | Report Abuse
Cathie Wood says the underlying bull market is strengthening and she’s finding great buying opportunities in the sell-off
(PUBLISHED MON, MAR 8 20213:39 PM ESTUPDATED MON, MAR 8 20215:50 PM EST)
~ Cathie Wood is not scared of the recent pullback in her ETFs.
~ The founder of Ark Invest said its good for her long-term strategy when the bull market broadens to other pockets of the market.
~ “We are becoming more and more optimistic about our portfolios in this sell-off,” she told CNBC’s “Closing Bell” on Monday.
Ark Investment Management founder and CEO Cathie Wood said she is not worried about the recent drop in her funds and that the bull market is simply broadening out to include more strategies like value.
The hot-handed investor added that over time her disruptive strategy will pay off, and she’s capitalizing on the sell-off.
“Right now the market is broadening out and we think in an underlying sense the bull market is strengthening and that will play to our benefit over the longer term,” Wood said on CNBC’s “Closing Bell” on Monday.
Wood manages five ETFs focused around “disruptive innovation” that have raked in more than $15 billion of investor money this year alone. Ark’s flagship fund — Ark Innovation — returned nearly 150% in 2020 as the pandemic accelerated innovation trends and now has more than $17 billion in net assets. However, ARKK is down more than 11% this year amid recent weakness in technology stocks, pressured by rising interest rates.
“We are getting great opportunities” in the sell-off to buy the pure play names in the funds, said Wood. “When we get opportunities like this to invest in pure plays instead of more mature plays...we will move back into pure plays.”
“We are becoming more and more optimistic about our portfolios in this sell-off,” she added.
Wood took the recent tech weakness as an opportunity to buy the dip in some of her ETF’s top holdings. Wood has made big purchases of Tesla, Teladoc, Zoom Video and Palantir, according to the firm’s disclosures. Ark Innovation also scooped up shares of Square, Roku, Zillow and Shopify recently.
Investors have exited some of their high growth names as bond yields rise in recent weeks. Wood said Ark Invest is struck that the market never priced in 0.5%, 1%, or 1.5% yield on the U.S. 10-year Treasury.
“We do think the speed of the increase in interest rates is scaring people. It became very comfortable in a low interest rate environment: nothing much changing, the Fed has our back and so forth,” said Wood.
Wood added that this type of pullback happened to Ark during the fourth quarter of 2016, when President Donald Trump was elected and promised to lower tax rates. During that period, Ark’s strategies went negative.
“The bull market was broadening out to incorporate value or more cyclical sectors and I thought that was going to be very good news for our strategies longer run. The worst thing that could have happened to us what another tech and telecom bubble where the market narrowed so that only a few groups won,” said Wood.
## https://www.cnbc.com/2021/03/08/cathie-wood-says-the-underlying-bull-market-is-strengthening-will-benefit-arks-strategy-over-time.html
2021-03-09 08:42 | Report Abuse
Great great boost news since Muhibbah Engineering still holding about 59% shareholding of Favco....
Cheers.........
Posted by Keyman188 > Mar 9, 2021 8:41 AM | Report Abuse X
Crane maker Favelle Favco secures offshore and tower crane orders worth RM101.4m
(theedgemarkets.com / March 08, 2021 18:55 pm +08)
2021-03-09 08:41 | Report Abuse
Crane maker Favelle Favco secures offshore and tower crane orders worth RM101.4m
(theedgemarkets.com / March 08, 2021 18:55 pm +08)
KUALA LUMPUR (March 8): Crane maker Favelle Favco Bhd (FFB) said it has received orders for the supply of offshore and tower cranes amounting to RM101.4 million from six clients.
In a bourse filing today, the group said its wholly-owned subsidiaries, Favelle Favco Cranes (M) Sdn Bhd and Favelle Favco Cranes Pty Ltd, have secured the orders since Dec 1, 2020.
The six clients are DESB Marine Services Sdn Bhd, Resolution Rigging Services Pty Ltd, PT Megatama Internal, Offshore Oil Engineering Co Ltd, Thai Nippon Steel Engineering & Construction Co Ltd, and Saipem SPA.
The six contracts — which are expected to contribute positively to the earnings and net assets of the group for the financial year ending Dec 31, 2021 and beyond — are estimated to be delivered between the second quarter of 2021 and the second quarter of 2022.
"The contracts do not have any impact on the share capital and shareholding structure of FFB.
"The board of directors of FFB is of the opinion that the acceptance of the above contracts is in the best interest of FFB," said the group.
Shares of FFB closed two sen or 0.93% higher at RM2.18, bringing its market capitalisation to RM488.2 million.
## https://www.theedgemarkets.com/article/crane-maker-favelle-favco-secures-offshore-and-tower-crane-orders-worth-rm1014m
2021-03-08 22:01 | Report Abuse
Diversification into different segmentation & sectors are the best choice but make sure few criteria:-
1) invest what you can understand
2) fundamental must be strong
3) shareholding must tie up with fund managers favourable stocks
4) like to catch falling knife with stage by stage (don't all in at the same price & same time)
5) Self-discipline, self-confidence & self-enrichment
6) FA 80% & TA 20%
2021-03-08 21:48 | Report Abuse
Sorry to say that Keyman188 only holding parent company due to biz diversification & higher NTA...
Posted by investortrader88 > Mar 8, 2021 9:46 PM | Report Abuse
@Keyman188.
bro u also hold this counter ?
2021-03-08 21:37 | Report Abuse
Today performance really fantastic...
Today momentum already reached Keyman188 projection to 5.15...cheers
Keyman188 really happy boombeebee...
Keyman188 always like to share fantastic news to all...
Keyman188 had received dividend twice last year by...
6.00 sen @ 27/07/20
6.50 sen @ 01/10/20
So going to receive again by 8.50 sen @ 08/04/21
All total dividend receivable by 21 sen within 12 months....
If based Keyman188 average cost about 3.36 then dividend yield become 6.25%....
Fantastic.........Cheers..............
^^^Since still can enjoy higher & higher returns...why Keyman188 want to sell !!!...
Don't always think if you want get the egg then kill the "golden chicken"...
Keyman188 foresee next visit level fall between 5.28 ~ 5.30 soon...
Wkwkwk...kekeke...
2021-03-08 20:26 | Report Abuse
Keyman188 not the professional or experts...
Let the market professional or experts guide the market direction...
^^^That's the reason no big players willing to proceed RSS....
"26-Feb-2021 Price Target Genting Berhad - Losses Within Expectation
Source : PUBLIC BANK, Price Call : BUY, Price Target : 5.18
## https://klse.i3investor.com/servlets/ptres/58786.jsp
----------------------------------------------------------------------
26-Feb-2021 Price Target Genting Bhd - A Recovery Is Well on Track
Source : KENANGA, Price Call : BUY, Price Target : 5.93"
## https://www.thestar.com.my/business/business-news/2021/02/26/quick-recovery-for-genting-in-2h-says-kenanga
2021-03-08 20:20 | Report Abuse
Please study thoroughly this latest article then you can find why Dpharma share keep on nosediving...
## https://www.theedgemarkets.com/article/local-techrelated-stocks-nosedive-us-tech-selldown-and-recovery-play-weigh-sentiment
2021-03-08 20:17 | Report Abuse
Really great great boost news...
Muhibbah Engineering is holding about 59% shareholding for this co.....
Very fortunate Keyman188 still holding Muhibbah share...cheers....
2021-03-08 16:57 | Report Abuse
Don't worry...
Keyman188 also invested @ Supermx @ average price now 4.29 (after buy sell buy sell buy sell)...
Keyman188 always like to diversify in order to "balancing & alignment"....
Wkwkwk...kekeke...
Posted by DSIVANP > Mar 8, 2021 4:54 PM | Report Abuse
Covid-19 Herd Immunity Takes Years, Expert Tells Putrajaya.
KUALA LUMPUR, March 8 — It will take years to mitigate Covid-19 in Malaysia despite vaccination as herd immunity is unattainable in the short term, said public health expert Dr Lokman Hakim Sulaiman.
2021-03-08 16:33 | Report Abuse
Time to catch the right falling knife...
Bingo...............
2021-03-08 16:21 | Report Abuse
Keyman188 already highlighted last week...
Genting will visit 5.15 level but seem like nobody believe it...
wkwkwk...kekeke...
---------------------------------------------------------------------------------------------
你己经开始怀疑人生了吗!!!...
You have begun to doubt your life !!!......
人生錯过了一次就够了,別错过第二次......
One missed life is enough, don’t miss the second time......
Mar 8, 2021 10:07 AM | Report Abuse
Keyman188 already highlighted last weekend...
Genting share will visit 5.15 level soon...
If break 5.15 & sustain this level...
The next challenge level shall be 5.28 ~ 5.30......
Mar 5, 2021 10:09 PM | Report Abuse
Really ridiculous for next week...
Really unstoppable to break 5.00 next week...OMG...
Really unbelievable to test 5.15 next week...
Really Really OMG next week...
2021-03-08 15:52 | Report Abuse
Heightened semiconductor demand to continue in the long term — Lam Research
(theedgemarkets.com / March 08, 2021 15:11 pm +08)
KUALA LUMPUR (March 8): Semiconductor equipment manufacturer Lam Research Corp is expecting the current heightened demand for semiconductor chips to continue in the long term as technology becomes increasingly involved in more aspects of life, and sees its new factory in Batu Kawan, Penang, helping it to address this greater demand.
At a press conference following Lam Research’s Virtual Roof Topping Out Ceremony, Lam Research Corp manufacturing corporate vice president Mike Snell noted that in the past year, the group has doubled its staff headcount and increased its supply chain purposes, and has been driven to expand beyond its Batu Kawan manufacturing facility.
“We see this demand continuing to increase for the long term. Our decision to invest in Malaysia is timely and will prove to be the right strategy.
“It has been an extraordinary challenge to grow at this rate, with so much headwind. We have found a way, as have our suppliers and have benefited from extraordinary partnerships between the federal and state governments here in Malaysia,” Snell opined.
He noted that the semiconductor industry has seen an extraordinary amount of growth and that no one could have anticipated how the development of work-from-home or remote working arrangements would drive demand.
Snell added that this heightened demand has offered new opportunities for the wafer fabrication equipment and services provider’s current and new suppliers and that Lam Research had to expand its supply base quite rapidly with partners that can help meet the needs of its end-customers.
“This presents a fantastic opportunity over the next couple of years where there is still a forecast for robust growth,” he said.
The new factory in Batu Kawan will be the group’s largest manufacturing facility, among its existing facilities in the US, Austria, South Korea and Taiwan.
To put this into context, Lam Manufacturing Malaysia general manager and senior director Soon K Kuek said its upcoming Batu Kawan facility, which on schedule to open in the middle of 2021, will be larger than its two currently largest manufacturing facilities combined, both of which are located in the US.
She noted that a significant portion of its components come from local partners but declined to provide further specifics in percentage or value terms.
“The reason that we do not want to put a lot of focus on the exact numbers [is] we do not want people to lose sight of the other additional material benefits from this.
“Material cost in percentage spend is one thing, but what this number does not represent is the number of job opportunities that this local sourcing will create, or the knowledge transfer, the talent development and adding to the vibrancy of the already very robust supply chain," Kuek said.
Snell also added that the group intends to further grow its existing supply base in Malaysia, and expects total supply share to grow from Southeast Asia — especially Malaysia — due to the rapid growth of the industry.
Additionally, Kuek also announced that selected vendors will be chosen to participate in a vendor development programme.
These vendors should have a basic understanding of the semiconductor industry, display flexibility and agility, and have shared values, she said.
Snell added the group was looking beyond its traditional semiconductor partners and into fields such as the aerospace and medical devices industry.
In February last year, Lam Research announced that it would be spending RM1 billion to build the factory, which is located on 138ha of land in Penang. It aims to create 350 high-value jobs when it opens.
## https://www.theedgemarkets.com/article/heightened-semiconductor-demand-continue-long-term-%E2%80%94-lam-research
2021-03-08 11:09 | Report Abuse
Expected closing for 1Q 2021 KLCI index @ 1645 ~ 1665 range...
2021-03-08 11:07 | Report Abuse
Strong buying interest & momentum today...
KLCI uptrend momemtum @ 1622 now (+22 pt)...
2021-03-08 11:02 | Report Abuse
Foresee immediate support @ 4.95 ~ 4.98...
According to technical analysis theory...
Strong resistance level will become strong support level...
Since Genting had attempted to break through 4.95 ~ 4.98 level for the past 6 months...
Today already easily break through and strong momentum to reach 5.13 today...
Cheers............
2021-03-08 10:54 | Report Abuse
But...But...But...
If the Genting still strong holding above 5.00...
Then..Then..Then....
Straight bet in is more wise choice liao...
wkwkw...kekeke...
Posted by Keyman188 > Mar 8, 2021 10:53 AM | Report Abuse X
Keyman188 foresee...
If...If...If...Genting share short mild correction back to 4.80 ~ 4.85...
Really good chance to bet in again...
2021-03-08 10:53 | Report Abuse
Keyman188 foresee...
If...If...If...Genting share short mild correction back to 4.80 ~ 4.85...
Really good chance to bet in again...
2021-03-08 10:19 | Report Abuse
Keyman188 still keeping @ average cost of 0.660++...
Keyman188 believe can reach above 2.00.....Cheers....
Posted by DestinyL > Mar 8, 2021 10:17 AM | Report Abuse
Hehe keyman, I already play 4 or 5 rounds for 3 to 6 cents margin lol
Earn some daily free meals lol
2021-03-08 10:15 | Report Abuse
njhl...Keyman188 still keeping lehhh & already putting at the fridge lehhh....
Posted by DestinyL > Mar 8, 2021 10:14 AM | Report Abuse
Sold SPSetia for 2x bak kut teh meal lol
2021-03-08 10:14 | Report Abuse
@Destinyl & @emsvsi...Don't spread so much great new...Not good for traders now...
How !!!...Buy or bye bye to 6.00 soon...
TP US$ 3.50.....
wkwkwk...kekeke...
2021-03-08 10:12 | Report Abuse
@Destinyl...why so bad...
We need humble a bit even though we know coward beggar keep on begging market to donate cheap cake "suap" to this coward beggar....
wkwkwk...kekeke....
Posted by DestinyL > Mar 8, 2021 10:07 AM | Report Abuse
Shareinvestor88, what is your latest TP? TP4? lol
2021-03-08 10:07 | Report Abuse
Keyman188 already highlighted last weekend...
Genting share will visit 5.15 level soon...
If break 5.15 & sustain this level...
The next challenge level shall be 5.28 ~ 5.30......
----------------------------------------------------------------------
Keyman188 not the professional or experts...
Let the market professional or experts guide the market direction...
"26-Feb-2021 Price Target Genting Berhad - Losses Within Expectation
Source : PUBLIC BANK, Price Call : BUY, Price Target : 5.18
## https://klse.i3investor.com/servlets/ptres/58786.jsp
----------------------------------------------------------------------
26-Feb-2021 Price Target Genting Bhd - A Recovery Is Well on Track
Source : KENANGA, Price Call : BUY, Price Target : 5.93"
## https://www.thestar.com.my/business/business-news/2021/02/26/quick-rec...
2021-03-08 09:48 | Report Abuse
@Stocksafeplayer...Don't spread so much great new...Not good to traders now...
How !!!...Buy or bye bye to 6.00 soon...
TP US$ 3.50.....
wkwkwk...kekeke...
2021-03-08 09:38 | Report Abuse
@Stocksafeplayer...Don't spread hope...
How!!!...Buy or passby now ???...
Tp US$ 3.50...
wkwkwk...kekeke...
2021-03-08 09:18 | Report Abuse
Next visit level shall be 5.15 soon...
Cheers...........
2021-03-08 09:14 | Report Abuse
Keyman188 always follow the professional or experts so would not left behind...
wkwkwk...kekeke....
Posted by Keyman188 > Mar 8, 2021 8:34 AM | Report Abuse X
Keyman188 not the professional or experts...
Let the market professional or experts guide the market direction...
"26-Feb-2021 Price Target Genting Berhad - Losses Within Expectation
Source : PUBLIC BANK, Price Call : BUY, Price Target : 5.18
## https://klse.i3investor.com/servlets/ptres/58786.jsp
----------------------------------------------------------------------
26-Feb-2021 Price Target Genting Bhd - A Recovery Is Well on Track
Source : KENANGA, Price Call : BUY, Price Target : 5.93"
## https://www.thestar.com.my/business/business-news/2021/02/26/quick-rec...
2021-03-08 09:13 | Report Abuse
Seem like very high possibility break 5.00 today
2021-03-08 08:34 | Report Abuse
Keyman188 not the professional or experts...
Let the market professional or experts guide the market direction...
"26-Feb-2021 Price Target Genting Berhad - Losses Within Expectation
Source : PUBLIC BANK, Price Call : BUY, Price Target : 5.18
## https://klse.i3investor.com/servlets/ptres/58786.jsp
----------------------------------------------------------------------
26-Feb-2021 Price Target Genting Bhd - A Recovery Is Well on Track
Source : KENANGA, Price Call : BUY, Price Target : 5.93"
## https://www.thestar.com.my/business/business-news/2021/02/26/quick-recovery-for-genting-in-2h-says-kenanga
2021-03-08 08:24 | Report Abuse
Maybank IB reiterates FBM KLCI year-end target at 1,830
(Bernama / March 03, 2021 15:28 pm +08)
KUALA LUMPUR (March 3): Maybank Investment Bank Bhd (Maybank IB) has maintained its end-2021 target for the FBM KLCI at 1,830, reflective of an equities-supportive environment of accelerating earnings recovery, ample market liquidity and relative attraction on ringgit-fixed income.
The investment bank also upgraded ratings for banks to “overweight” and consumer to “neutral”, while revising higher earnings and valuation drivers for plantations, as well as technology and semiconductor stocks.
“Notwithstanding, a modest contraction in seasonally-adjusted in the fourth quarter of 2020 (4Q20) gross domestic product due to the impact of the conditional movement control order from mid-October to early-December, core net profit of our research universe powered ahead to a second consecutive quarter of quarter-on-quarter earnings expansion, at +13.5%,” Maybank IB said in a research note on Wednesday.
The investment bank noted that three sectors reported earnings outperformance versus expectations in 4Q20, namely construction, oil and gas, and transport.
“While re-imposition of the movement control order (MCO) since January and vaccine rollout that kicked off late February will weigh on the first quarter of 2021 economic performance, a sustained recovery is expected from the second quarter of 2021 onwards as domestic lockdown measures are rolled back and global demand strengthens,” said Maybank IB.
The investment bank estimates core earnings for stocks under its coverage to rebound by a higher +44.3% year-on-year for 2021 versus +43.8% previously, and for the FBM KLCI by +50.1%.
“Almost all sectors are to see double-digit growth, with key drivers being the gloves sector, where we expect earnings to double year-on-year, (pulling back in 2022E), and banks/financials, where earnings are to rebound +20.0% year-on-year, after 2020E’s provisioning and net interest margin-led -20.8% year-on-year decline,” it added.
## https://www.theedgemarkets.com/article/maybank-ib-reiterates-fbm-klci-yearend-target-1830
2021-03-08 08:16 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Government stimulus will “give a shot of adrenaline for a short period of time,” Stanley said. He noted that “it will kind of fade out, and the more fundamental aspect of things, which is really just opening up and getting back to something closer to the pre-pandemic norm for activity, should kick in.”
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
2021-03-07 18:17 | Report Abuse
Global dairy demand expected to remain strong in 2021 – Dutch Lady
(Bernama / March 07, 2021 15:25 pm +08)
KUALA LUMPUR (March 7): The global dairy demand is expected to remain strong in 2021, as countries cautiously get on top of Covid-19 with the rollout of vaccines worldwide and a gradual rebound in global economy.
Dutch Lady Milk Industries Bhd managing director Tarang Gupta said the market remains volatile and is subject to various domestic and global uncertainties, economic slowdown and foreign exchange rate fluctuations that can affect the industry.
“We are also very aware of the impact of the continuing Covid-19 lockdown on the economy,” he told Bernama.
In the long term, Gupta said the group remains optimistic on the outlook of the industry and will continue adopting new strategies to ensure continuity and sustainability of the business to win in the market.
“In addition, we will continue to invest in our brands and focus on driving penetration of milk via innovations to capture multiple occasions.
“Affordability of milk will remain high on the agenda of Dutch Lady. So, our products are always on the shelves to ensure Malaysians continue to be nourished,” he said, adding that Dutch Lady remains steadfast to nourish the nation while supporting the government’s national health and food security agenda.
Dutch Lady recently launched DUTCH LADY MaxGro, a first milk-based Formula Dietary Food, a specially formulated product with selected high-in nutrients to help provide 80% of children with recommended nutrient intake to support their physical growth and ensure optimal development.
Gupta said milk formula is a competitive category in the country and the company is always working to improve its market share.
He said Dutch Lady certainly hopes that the new product helps increase its sales and improve market share.
“But unfortunately, we are not allowed to speculate, given our status as a listed company in Malaysia,” he said.
As the leading dairy company in Malaysia, Dutch Lady is dedicated to continue fuelling the nation with better nutrition which milk can offer, and advocate the importance of milk as part of a healthy and balanced diet.
He said thus, to keep up with the needs of everyday Malaysians, the group is constantly listening to consumers to understand their needs and continuously innovate its products to help Malaysians be more aware of the need for proper nutrition to ensure they have a healthier future, especially at a young age.
“We are excited to grow with Malaysians and come up with products specific to their needs in the future,” he added.
## https://www.theedgemarkets.com/article/global-dairy-demand-expected-remain-strong-2021-%E2%80%93-dutch-lady
2021-03-07 14:55 | Report Abuse
Keyman188 always like to highlight to all market traders...
你己经开始怀疑人生了吗!!!...
You have begun to doubt your life !!!......
人生錯过了一次就够了,別错过第二次......
One missed life is enough, don’t miss the second time......
^^^ Since last year March'20 during pandemic & circuit breaker unprecedented happened at US market...
Keyman188 start to bet in market liao...
That's reason why Keyman188' long term investment position quite fairly low entry cost...
wkwkwk...kekeke...
2021-03-07 14:39 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:37 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:36 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Government stimulus will “give a shot of adrenaline for a short period of time,” Stanley said. He noted that “it will kind of fade out, and the more fundamental aspect of things, which is really just opening up and getting back to something closer to the pre-pandemic norm for activity, should kick in.”
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:36 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:35 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Government stimulus will “give a shot of adrenaline for a short period of time,” Stanley said. He noted that “it will kind of fade out, and the more fundamental aspect of things, which is really just opening up and getting back to something closer to the pre-pandemic norm for activity, should kick in.”
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:34 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:34 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:33 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Government stimulus will “give a shot of adrenaline for a short period of time,” Stanley said. He noted that “it will kind of fade out, and the more fundamental aspect of things, which is really just opening up and getting back to something closer to the pre-pandemic norm for activity, should kick in.”
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:33 | Report Abuse
U.S. Economy Ready to Surge With Big Stimulus, Fast Vaccines
(March 7, 2021, 2:00 AM GMT+8 Updated on March 7, 2021, 3:41 AM GMT+8)
~ Growth estimates have jumped in light of recent developments
~ Gains may give some pause on massive infrastructure package
With Democrats on the verge of passing an almost $2 trillion stimulus bill and Covid-19 vaccinations moving ahead, the U.S. economic outlook is much sunnier than it looked in early January.
The latest Bloomberg monthly survey of economists shows the annualized pace of growth in the first quarter will be 4.8%, twice as fast as respondents expected just two months ago. For the full year, gross domestic product is projected to rise 5.5%, which would be the fastest since 1984 and is up from January’s estimate of 4.1%.
After January’s key run-off elections in Georgia, where Democrats secured two Senate seats to win slim control of the chamber from Republicans, economists were generally penciling in a pandemic relief package worth around $1 trillion. Democrats stuck together to push through a bill almost double that size; no Republican senators voted for the plan on Saturday. The measure next goes back to the House for a final vote, expected to be Tuesday.
President Joe Biden, speaking Saturday after the Senate vote, looked for a major boost to the economy.
“This will create millions of new jobs,” Biden told reporters at the White House. “It’s estimated over 6 million new jobs by itself; increase the gross domestic product by a trillion dollars.”
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said. “It’s never been a good bet to bet against America.”
An additional round of $1,400 stimulus checks for millions of Americans, combined with supplemental jobless benefits and the acceleration in vaccinations, should help sustain growth throughout the year, said Stephen Stanley, chief economist at Amherst Pierpont Securities LLC.
Government stimulus will “give a shot of adrenaline for a short period of time,” Stanley said. He noted that “it will kind of fade out, and the more fundamental aspect of things, which is really just opening up and getting back to something closer to the pre-pandemic norm for activity, should kick in.”
## https://www.bloomberg.com/news/articles/2021-03-06/u-s-economy-ready-to-surge-with-stimulus-expanding-vaccines?srnd=premium-asia
----------------Unstoppable further great great news------------------------------
2021-03-07 14:25 | Report Abuse
Seem like this iddiot karma + retribution coward street beggar really very very desperate liao....
Aiya...you all just donate some "suap" to this street beggar lahhh....
Wkwkwk...kekeke....
2021-03-07 14:24 | Report Abuse
Lol...Laugh die Keyman188 liao...
This iddiot karma + retribution coward street beggar copy other member news & paste here...
Really pity this street beggar......
Wkwkwk...kekeke...wkwkwk...kekeke...
https://klse.i3investor.com/servlets/forum/800000712.jsp
2021-03-07 12:42 | Report Abuse
Bingo...
Upcoming this 2 months, Keyman188 will be receiving 5 figures of dividend payout by long term portfolio investment...
Cheers.......
你己经开始怀疑人生了吗!!!...
You have begun to doubt your life !!!......
人生錯过了一次就够了,別错过第二次......
One missed life is enough, don’t miss the second time......
------------------别人笑我太疯癫... 我"说"他人看不清......--------------------
Keyman188 really pity for those still left behind the "Recovery Road" journey......
wkwkwk...kekeke...wkwkwk...kekeke...
2021-03-07 12:41 | Report Abuse
Bingo...
Upcoming this 2 months, Keyman188 will be receiving 5 figures of dividend payout by long term portfolio investment...
Cheers.......
你己经开始怀疑人生了吗!!!...
You have begun to doubt your life !!!......
人生錯过了一次就够了,別错过第二次......
One missed life is enough, don’t miss the second time......
------------------别人笑我太疯癫... 我"说"他人看不清......--------------------
Keyman188 really pity for those still left behind the "Recovery Road" journey......
wkwkwk...kekeke...wkwkwk...kekeke...
2021-03-07 12:40 | Report Abuse
Senate Passes $1.9 Trillion Relief Bill After Marathon
(March 7, 2021, 1:24 AM GMT+8 Corrected March 7, 2021, 11:41 AM GMT+8)
President Joe Biden’s signature $1.9 trillion Covid-19 relief bill passed the Senate 50-49 on Saturday following a more than 25-hour marathon of amendment votes completed after Democrats settled an intra-party dispute over unemployment aid.
The measure, the American Rescue Plan Act, now heads back to the House, where Majority Leader Steny Hoyer said a vote will be held Tuesday. Although some House progressives have complained about changes made by the Senate, none so far have threatened to withhold votes. Democrats aim to have it signed into law next week.
Enactment of the second-largest stimulus bill in U.S. history would hand Biden his first legislative victory and set the stage for work this spring on a massive infrastructure and manufacturing recovery bill that he wants.
“As tough as this moment is, there are brighter days ahead -- there really are,” Biden said at the White House after the Senate acted. “It’s never been a good bet to bet against America.”
The bill would provide the biggest health-care expansion since the Affordable Care Act, a temporary plan to slash the child poverty rate and send $1,400 payments soon to millions of Americans. In addition, state and local governments are set to get more than $350 billion in aid and schools would get an infusion of funding, all of which Democrats hope will propel a faster economic recovery long before they face voters in 2022.
It would deliver $300 a week in extra unemployment assistance through Sept. 6 and make the first $10,200 of unemployment insurance benefits non-taxable for households with incomes of less than $150,000. The legislation includes $160 billion for vaccine and testing programs to help stop the spread of the coronavirus. The Senate also adopted a bipartisan amendment from Republican Lisa Murkowski of Alaska and Democrat Joe Manchin of West Virginia to direct $800 million toward alleviating youth homelessness.
Overall, the legislation is double the size of the Obama-era stimulus and exceeded many earlier Wall Street estimates for how big a package could Democrats pass with the thinest margin of control. It is eclipsed in size only by the $2.2 trillion pandemic aid plan passed a year ago.
The Democratic drive in the Senate stalled out for nearly 12 hours on Friday after Manchin -- a pivotal vote in the 50-50 Senate -- balked at an amendment to extend supplemental unemployment benefits into October.
As Republicans tried to lure Manchin to vote for a proposal by Senator Rob Portman of Ohio that would extend the benefits only through July 18, Democrats from Biden on down furiously lobbied Manchin and reworked their earlier plan to get his support.
Negotiations on that amendment caused a separate vote on minimum wage that set a record for the longest vote in Senate history, dragging on for nearly 12 hours as Democrats tried to keep their caucus united. In the end, the provision was left out of the legislation because of arcane Senate budget rules.
Despite that stumble, passage was a major victory for Senate Majority Leader Chuck Schumer, who aimed to show that Democrats could wield power despite the 50-50 Senate split.
The deals he brokered on stimulus payments and unemployment aid, as well as the addition of a dozen smaller changes, ensured that moderate Democrats like Manchin and Arizona’s Kyrsten Sinema were on board along with progressives like Senate Finance Chairman Ron Wyden. That may also help in the House, where progressives were already angered over the loss of the minimum wage provision.
Cont...
## https://www.bloomberg.com/news/articles/2021-03-06/senate-passes-1-9-trillion-relief-package-after-marathon-votes?srnd=premium-asia
-------------Further great boost market news ahead------------------------------
2021-03-07 12:39 | Report Abuse
Bingo...
Upcoming this 2 months, Keyman188 will be receiving 5 figures of dividend payout by long term portfolio investment...
Cheers.......
你己经开始怀疑人生了吗!!!...
You have begun to doubt your life !!!......
人生錯过了一次就够了,別错过第二次......
One missed life is enough, don’t miss the second time......
------------------别人笑我太疯癫... 我"说"他人看不清......--------------------
Keyman188 really pity for those still left behind the "Recovery Road" journey......
wkwkwk...kekeke...wkwkwk...kekeke...
Stock: [SPSETIA]: SP SETIA BHD
2021-03-09 11:20 | Report Abuse
Heading to 1.00 soon...
Cheers..........