USD is strengthening against the RM. All exports driven sector like Glove, Export orientated Techs, Palm Oil and Energy will benefits from this development.
How to goreng Technology sector when the entire industry is clouded with forced labor issues? Fund managers are also forced to abandon ships due to ESG.
Economists at Goldman Sachs last week changed their rate-path forecast to show the Fed raising rates from near zero next July, roughly a year earlier than their previous forecast. They expect the Fed will raise rates sooner because the current interval of higher prices will persist into the middle of next year, even though they still expect inflation to fall to 2% by early 2023.
The new variant poses a dilemma for some central banks: Should they simply wait to see its impact, or act pre-emptively?
Major central banks spent much of the year telling investors that the surge in consumer prices would prove temporary. They have dialed back those claims in recent weeks as inflation soared ever higher. Global supply-chain bottlenecks, one cause of higher prices, are now expected to persist through at least the first half of 2022.
“I think there is a concern that inflation isn’t coming back down as quickly as people had felt and central banks need to react,” said Iain Stealey, a portfolio manager with J.P. Morgan Asset Management.
now is penny stock fever,........better return,.........why climb such a tall rambutan tree to pick the fruit,........many low tree waiting there,.......bunch of fruits,......long time nobody touch,.......very profitable,.....
Dont fight with the trend ! This is same pattern like glove stock when it started to downtrend but nobody believed ! At the end all big 4 dropped to nearly 5 years lowest price ! Many bilis burnt their hands !
Comparing with gloves? Is there a chips glut happening? Are there many new small players join the chips bandwagon? Asp normalising? Hello. Where is your logic? It's just correction. When the trend still intact what do u do in correction? Answer is collection.
Within 2 weeks many high price over goreng tech stocks vomit out atleast 20 - 30% share price , this is worst than glove stocks which took almost 3 - 6 months !
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
troy88
3,022 posts
Posted by troy88 > 2021-11-30 10:42 | Report Abuse
Still the Tech King