Many clowns every day entertaining here

Even JP Morgan CEO also set aside for upcoming provision

28 July Fed will announce Gdp data. US big banks recently announced Q2 missed earnings expectations.. What can you tell from here

Expenditure cost getting more n more every year...but development cost (future revenue) getting less n less....this is how we manage the country financially. Not choice but to cut "ikan bilis" like us in the stock exchange to find money.. Scary right?

2,000,000 civil servants....haven't added those pensioners that retire every year.....

The upcoming US recession indeed is for my target. Cash ready, US stock broker account. Just wait for the timing to enter US big4 banking stock

I see many penny even index stocks in Bursa making losses for retailers. Lessons learnt don't buy from this stock exchange

U guys still fighting here for SE. Sudah lah just let it be until the restructuring completion. If can, then OK. If can't leave it with hope

Kesian no one "layan" those NATO comments.

Ok la , ok la let me be your guest.... yeah u are right, i cut lose, cut lose.

Well done you are doing a great job. Truly an amazing commentator. i should adhere your advice earlier. Ok i said like this. U can snip this message and submit your home work so that you can enjoy the weekend.

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession

https://www.cnbc.com/2022/07/01/atlanta-fed-gdp-tracker-shows-the-us-economy-is-likely-in-a-recession.html

CNBC news anchor: One last question, this is gonna be one word-answer - stagflation or recession? (after that, you can see her reaction after the 4th person said so)

======================

https://www.youtube.com/watch?v=2J5mKcaduPY

Tune to minute between 5.15 and 5.42. CNBC news anchor on 14 July asked all 4 market researchers on their take of current market situation - all said "recession" outlook

https://www.youtube.com/watch?v=2J5mKcaduPY

Tune to minute between 5.15 and 5.42. CNBC news anchor on 14 July asked all 4 market researchers on their take of current market situation - all said "recession" outlook

https://www.youtube.com/watch?v=2J5mKcaduPY

Tune to minute between 5.15 and 5.42. CNBC news anchor on 14 July asked all 4 market researchers on their take of current market situation - all said "recession" outlook

US big4 banking*

Recession is real

Recession is real

Big4 banking stocks all deep dived today back to 2020 crash price level after stock opening

Fed will hike 1% interest... Canada Fed alrdy hiked 1% straight away

plunged*

Citi plugged back to April 2020 price.

Bank of america dropped back to June 2020 price after stock opening.

Dead Bursa as a whole

Bank of America Corp
(-33.22%) year to date

Will local banks sooner or later face the same fate with the upcoming recession?

The re-making of 2008 financial crisis is coming

Useless uncles

So quiet today? They off day today?

https://www.freemalaysiatoday.com/category/nation/2022/07/09/pm-urges-muslims-to-fight-inflation-help-needy/

PM urges Muslims to fight inflation, help the needy.

i didn't know religion can fight the inflation, now i know.

Anything to do with China in US exchange will be a "no-no" for me

I'm looking for US banking stocks like JP, BAC, Wells fargo targeting market bottom at around mid to end of 2023

Q2 GDP data will be out on 28th this month. If negative growth again, that's mean we are 2nd consecutive negative growth and in other words we called technical recession

Slow2 do things like turtle

Touched RM7.90, slowly to RM7.50 follow by below RM7 (panic selling)

our political scenario is very damaging to the market really hoppeles cabinet and full of shenanigans politicos.....fart ..........how???
======================================

Solution? Invest in other stock exchange like US or Singapore. Other countries during the recovery 2020-21 will only break higher high. Of course now it's x the timing, get ready ur cash when recession hit rock bottom in 2023-24. Here i don't really have any hope for the economy. Useless ppl running the economy what to do...

US Q2 GDP data will be out this month. Let's see if we are on 2nd consecutive negative growth or called as "technical recession"

recession , maybank will down to 2.00
===========================
last Covid-19 crash, if u look back the all local bank stock prices. Not much drop....at most 30% but rebound very fast.....except CIMB hammered until RM2.95. Not much meat to eat after the rebound.

"Citi Group
Share price dropped to now at $46.87...same level with April - May 2020 price"
kyliew, Citibank's profit dropped by over 44% Y/Y, Maybank's profit remains fairly stable. If Maybank's profit also dropped by 44% Y/Y, then we can expect a sharp fall in Maybank's share price.
======================================
US Fed is collecting back those printed money or to reduce the circle of money in the market by 4-5 trillion US dollar after they printed the same amount in 2020....at least their Fed is working on the inflation.... hopefully this dropping will stop in 2023/24 by then we all can march for the next economy booming cycle....

let recession comes, the sooner the better, then we can have a decade of growth infront of us. the economic cycle is always like that
==================================
True but it depends on which market you invest...have to becareful on your investing money. Some stock market or specifically in some countries, the ppl who run the economy just for fun...everyday wear branded shirt, the staff are fighting for the deputy big post, price increase they ask u to reduce usage....funny right...it's like gambling ur money in such market.

Where is the every 5-minute posting? 3 hours gone how can you guys slacking in your job? Where is your professionalism?

3 hours gone...why no one is working? Lazy cut salary

https://www.cnbc.com/2022/07/01/atlanta-fed-gdp-tracker-shows-the-us-economy-is-likely-in-a-recession.html

Atlanta Fed GDP tracker shows the U.S. economy is likely in a recession
PUBLISHED FRI, JUL 1 20229:58 AM EDTUPDATED FRI, JUL 1 20221:55 PM EDT

Maybank is the biggest lender among the involved banks for Sapura Energy loan.... (fact)

Time ticking bomb in 2023 after the extension of 9-month expiry by the court.

Singapore MTI yesterday in their parliament said their country is not expected any recession or stagflation in 2023. Well looks like my choice is left with US stock exhange now.

US Number 4 biggest banking stock
Citi Group
Share price dropped to now at $46.87...same level with April - May 2020 price range...wow great

Recession? No problem we are waiting for the opportunity to buy at bottom but but but not Bursa stock yeah

1st week of H2 alrdy drop below RM8.00. Well done
Let's the coming weeks will drop to the range RM6+ - RM7+

yes yes bocor

Between RM6-7, u are going to be on my radar babe

Telekom
late-2017 = RM6.30
Oct 2018 = RM2.15 (drop 3-fold from peak)
Feb 2021 = RM6.60 (increase 300% from bottom)

Tenaga
May 2018 = RM16
Current = RM8.00 (drop 1-fold with slow downtrend over 5-year)

Let's how low it can goes? if touch RM6-7, can start to put on my radar.

The next upcoming recession whether in end -2023 or early-2024, if the gomen don't want to let Maybank to drop to RM5.80. OK la worst case when all global stocks waterfall time, let's say Maybank drop at lowest RM7.00 like in year 2020 and bound back to RM9++. U only get capital appreciation 25%++. Compared to US big4 banking stocks u have 80%-100% capital appreciation in 1-2 years from market crash.

Flip-flop government policy
Instability politics, frog politicians.. everyone want to be PM
Over-qualified ministers holding gomen portfolio...janji gaji masuk
Bursa don't have valued companies? Got, u look at TOP glove share price. Who is shorting the price behind all this drop?
Cukai makmur? 51 share? Old man say something to other countries and we suffer as a result of boycott?

Sapura will pull all the banking stocks together