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25 comment(s). Last comment by Avocado_C 2013-06-20 13:27

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 11:08 | Report Abuse

has to be done because US equity market is growing at a rate difficult to comprehend now. probably Bernanke's way of slowing down the bullish sentiments without inviting hyperinflation later.

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 11:09 | Report Abuse

so far less than 2% inflation leaves room for his monetary policy to manouver, but the buying can't last forever.

Hustle

3,615 posts

Posted by Hustle > 2013-06-20 11:26 | Report Abuse

We really need to hope that BNM will not come out with RM30,60 or 70 note :)

iafx

4,632 posts

Posted by iafx > 2013-06-20 11:28 | Report Abuse

they will come out 55c coin first, which look exactly like 20c

Hustle

3,615 posts

Posted by Hustle > 2013-06-20 11:31 | Report Abuse

Haha then we can temporary go Genting to play slot machine already,since forum kaki possibly will have some rest time at home studying TA or FA...

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 11:56 | Report Abuse

Nazir razak came out with statement that hot money will eventually leave this region. That may have exacerbate today's drop. In all fairness, market here valued already. Unless US sinks further, hot money will move back. Thankfully Malaysia insulated with larger local borrowing than foreign ones. US recovery is a double edged sword. You guys better pray for china recovery soon enough. Don't see the bull coming now! :(

iafx

4,632 posts

Posted by iafx > 2013-06-20 12:00 | Report Abuse

zeti already "sounded" 5 days ago

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:00 | Report Abuse

This is still subjected to monitoring. He will still have to answer at Capitol Hill panel when time comes.

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:01 | Report Abuse

Basically a done deal!

iafx

4,632 posts

Posted by iafx > 2013-06-20 12:04 | Report Abuse

last mission for Bernanke is to set course for easing up on stimulus b4 he left Jan 2014. unless otherwise, v should c U.S economy to continue improve, which should benefit china, and hopefully EU can catch up second half. if not, maybe v c qe4 ;D

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:05 | Report Abuse

Market is uncertain since Obama's remark. They are assuming Bernanke will dismantle the loose monetary policy before he goes. Market, especially US, is trying to assess if the president wants somebody to jump start the economy again. For now, 2013 will be turbulent.

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:07 | Report Abuse

For those who watch the last session at Capitol Hill, would know the panel acknowledge the difficulty in Bernake last decision whilst hold the opinion to balance the moving forward to tapper with subjected info. What this means is, the current indicator of markets are giving diverse info which do not converge. So the subjective monitoring will point to only a few indicator to ensure the move forward is with a basis.

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:08 | Report Abuse

A solid basis.

iafx

4,632 posts

Posted by iafx > 2013-06-20 12:11 | Report Abuse

they always said a bunch of points, but they only execute one of it & they already knew which one b4 testify. keep monitor the market trend and finally u will realize which was it - but hopefully not too late. as small player like klci - don't fight the wave :D

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:11 | Report Abuse

That is correct. US market is akin to an addict basically living off quantitative easing.

Either way, Bernanke is in no man's land. I still believe zero rate is not the way to go! How about rate hike and continuous buying? Malaysianomics! Hehehe

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:12 | Report Abuse

This is really a old story with a new twist. With the demarcation of borders gone global, they should know the indicators cater partial. Ask the EU and UK who are now very familiar.
Just look at the taxes evaded and u know this is a potential outbreak.

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:14 | Report Abuse

No lah KC, even Najib says one thing but at the back, all the outflow are thru companies associated with him. GLC companies and the top 30 is hard to track this days.

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:19 | Report Abuse

Sigh.....back to monitoring again.

Tommylou, think about it: rate hikes and continuous buying of bond! LOL

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:20 | Report Abuse

Need to cash out speculative stocks already! :(

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:20 | Report Abuse

Maybe someone can help me understand how to track. If the countries within EU, they at least have a framework and in the US it's a single country with autonomous companies abroad which can still be track.
Malaysia, ala submarine, 4 sub companies found outside and to trace , there is no framework. If they use the French proceeding to help unweil the companies then what?

For your info Bernake took the decision against the establish economist opinion. The action is not wrong simply because he sees from many angle.

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:25 | Report Abuse

Someone needs to do a Bill Clinton in US. Bite the bullet. Obama is only serving Jewish interests! <ducking now! Brickbats coming! LoL>

tommylou

1,918 posts

Posted by tommylou > 2013-06-20 12:28 | Report Abuse

My opinion of the bond buying, is buying time.

Well remember Einstein quote below

Insanity: doing the same thing over and over again and expecting different results.

Albert Einstein


What they were earlier doing is starting the engine over and over again and hoping it will start using all the old material and oil and etc. this was what the economist recommended.
Let see now.....a real kick in must have at least majority key indicator starting to show positive or maybe new indicators.
Don't forget their market and Europe got into this also becoz they are the leader in derivatives and futures.

KC Loh

13,701 posts

Posted by KC Loh > 2013-06-20 12:59 | Report Abuse

Well .. maybe! Can see dark cloud or overhang in the 2013 horizon for now! Thanks Bernanke! :)

Hustle

3,615 posts

Posted by Hustle > 2013-06-20 13:20 | Report Abuse

Kerbau M'sia just meet Green light and ramp up throttle,suddenly in front have traffic jam hais....

Avocado_C

129 posts

Posted by Avocado_C > 2013-06-20 13:27 | Report Abuse

Hustle's description is spot on ... Poor retail investors, hold back so long, ready to go, now stuck with traffic jam + haze some more.

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