PUBLIC BANK BHD
KLSE (MYR): PBBANK (1295)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
4.56
Today's Change
-0.03 (0.65%)
Day's Change
4.53 - 4.58
Trading Volume
25,847,700
Post a Comment
Market Buzz
2024-09-30
2024-09-30
2024-09-30
2024-09-30
2024-09-27
2024-09-26
2024-09-26
2024-09-26
2024-09-25
2024-09-24
2024-09-23
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
.png)
MQ Trading Signals
Time
Signal
Duration
Type
2024-09-30 16:50:00
EMA 5
10 Mins
SELL
2024-09-30 16:45:00
EMA 5
5 Mins
SELL
2024-09-30 16:40:00
TURTLE SYSTEM 20
10 Mins
SELL
2024-09-30 16:30:00
OBV
30 Mins
SELL
2024-09-30 16:20:00
TURTLE SYSTEM 20
5 Mins
SELL
Apps
Top Articles
1
Stock Pick Contest Year 2024
2
南洋 - 凭单专栏/温世麟
3
4
Indexstockpedia
Malaysia Property Market Outlook and Top Small Cap Picks Edition
5
save malaysia!
6
7
8
save malaysia!
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Orange88
4,181 posts
Posted by Orange88 > 2018-04-28 15:28 | Report Abuse
I AM NOT TELLING YOU TO SELL YOUR STOCKS TOMORROW ALTHOUGH SOFTNESS IN BURSA AND GLOBAL MARKET IS OBVIOUS AS WEN ENTER MAY 2018
ONLY THAT A FRIENDLY REMINDER FROM ORANGE THE LEGEND, BEST FRIEND YOU WILL EVER HAVE - YEAR OF OX 2021 IS COMING 9 1985, 1997, 2009. ONLY THAT I PREDICT 2021 WILL BE THE START OF A NEW SUPERBULL AFTER A MAJOR DOWNDRAFT BEGINNING 2018
STRATEGY ? KEEP YOUR CASH SAFE, (KEEP Y0UR POWDER DRY) , BUY ON DIP AND RIDE THE REBOUNDS .. AND REMEMBER YOUR HANG SENG H AND C SHARES.... SO READ BELOW
Biggest Crash Ever Is (Probably) Coming by 2020: Harry Dent
The Contrarian's Contrarian tells ThinkAdvisor why Economic Winter is coming and discusses the sectors where investors can survive.
By Jane Wollman Rusoff | November 30, 2017 at 07:53 AM
Brace yourself for the most devastating market crash ever in “the greatest political and economic revolution since the advent of democracy.” That’s the dire alert from colorful, controversial prognosticator Harry S. Dent Jr., in an interview with ThinkAdvisor.
Dent, who chiefly uses demographic cycles to forecast the economy and markets, correctly predicted Japan’s 1989 economic collapse, the 2000 dot-com bust and the populist wave enabling Brexit and Donald Trump’s election.
Last June, Dent told ThinkAdvisor that an economic and stock market calamity would strike within three years. He is now indeed predicting the crash to occur between late 2017 and early 2020. But with only five weeks to go this year, if stocks don’t start tumbling soon, he’ll be rethinking that forecast, the usually adamant Dent says, with concern.
His new book, “Zero Hour: Turn the Greatest Political and Financial Upheaval in Modern History to Your Advantage,” written with Andrew Pancholi (Portfolio), raises a loud alarm about the 2020s, which, based mainly on four demographic and geopolitical cycles, will bring a ghastly global crisis, or what Dent terms the dark “Economic Winter,” he predicts.
Over three decades, Dent’s prophecies have been a mixed bag of hits and misses. Cautioning about a bubble that, he says, has been building for years, Dent, 65, now touts three “safe havens” in which to invest.
In the interview, he also discusses market sectors he expects to outperform in the terrible ’20s.
The Harvard MBA and founder of Dent Research publishes newsletters and investing strategy systems and has written a number of books that have either hyped a big boom ahead or warned of disaster on the brink. These works have included “The Sale of a Lifetime” (2017) and “The Demographic Cliff” (2015).
ADVERTISEMENT
With Bain & Co. at the start of his career, Dent consulted to a range of Fortune 100 companies as well as startups.
ThinkAdvisor recently interviewed the so-called “Contrarian’s Contrarian,” who talked about, among other issues, the tax cut, why he expects investors to be fuming at their FAs and why the sunspot cycle (you read that correctly) is a valid predictor of market crashes. Here are excerpts from our conversation:
THINKADVISOR: In your new book, you say that a devastating crash will occur between late 2017 and early 2020. There are only five weeks left to 2017. Are you sticking with that time frame?
HARRY DENT JR.: We may be starting a topping process. I’m seeing signs of that, but it hasn’t yet been proven. We ought to see the market start to go down by early next year. If it doesn’t, I’m going back to the drawing board. If the market doesn’t start crashing by late January or early February, then we aren’t topping here. But we’re saying there’s going to be a crash. It’s just a matter of when [exactly].
Is that prediction despite, or because of, the bull market’s longevity?
So far, the market has gone up in bad news, threat of war; Trump’s saying the stupidest things known to humankind and [is under threat of] getting damn near impeached. The market still goes up because money has nowhere else to go. So stocks are the only game in town. They’re going to go till they blow, and it looks like they’re getting close to blowing.
At this point, what are you certain of?
The one thing I do know is that the market will make a major change in direction. It’s going to try to hide it as much as possible because it wants to screw everybody. The big traders — the sharks — make money, but all the minnows get eaten. That’s what the market wants. It wants people to be trapped in the bubble. Bubbles are very tricky to play. Now is a good time to get out. The upside is limited.
Why will a crash occur?
Simply because [the U.S. government] has kept putting off this crisis. And, of course, the more you allow bubbles to build up, the more excesses you have.
Just how bad will the next crisis be?
With the last one, we didn’t have a Great Depression, which is what our models are calling for. So we’re just going to get hit harder this time. Stocks won’t go down 50%; they’ll be down 70%-80%. Unemployment won’t be at 9% or 10%; it will be 15%.