US debt in 2008 was 10T USD. 10 years later, in 2018, its debt doubled to 20T USD.
Why DJ and Nasdaq shot up so much? All fueled by the extra 10T USD.
Danald Duck wanted to put 1.4T USD into renewal of US infra, that will add to the 20T USD debt.
US citizens already paid 458.5B USD interest in 2017 when effective rate was 2.3%. Now effective rate is more than 2.7%, and it is going to move upwards if FED raise interest rate in Mac, and subsequently 2 more times in 2018. Surely DJ will go to hell in coming one year.
QE's were easy. It pushed up DJ and housing prices worldwide. Exit plan kills. It kills all share markets worldwide.
parkson today down almost 3% so everyday down left 33 days left become zero? sasbadi,carimin,fpgroup all down almost 8%,so left less than 13 days to live ar?
so next month price become zero ar? sure tak boleh lah even PN 17 kinsteel can survive more than 1 month.parkson no loss 1 bil.what about sasbadi,fpgroup still making money and carimin just a small loss.people just sell like no tomoro,dow jones not even 15,000 yet.if mon down I will start to buy those battered stocks.....sikit sikit buy
don't worry datuk calvin,i am like a marathon runner pacing my run.....hahaha.i only buy on the cheap.....green one or up a lot please don't tell me to chase
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Posted by ks55 > 2018-02-09 16:36 | Report Abuse
US debt in 2008 was 10T USD.
10 years later, in 2018, its debt doubled to 20T USD.
Why DJ and Nasdaq shot up so much?
All fueled by the extra 10T USD.
Danald Duck wanted to put 1.4T USD into renewal of US infra, that will add to the 20T USD debt.
US citizens already paid 458.5B USD interest in 2017 when effective rate was 2.3%.
Now effective rate is more than 2.7%, and it is going to move upwards if FED raise interest rate in Mac, and subsequently 2 more times in 2018.
Surely DJ will go to hell in coming one year.
QE's were easy. It pushed up DJ and housing prices worldwide.
Exit plan kills. It kills all share markets worldwide.