Haiyoh Buffolo ctr ular tak dapat discounted price leh. Up leh. Takda red as expected leh. Sob Sob. Apa banda itu 4trillion options expired is over. Monday start new option again kah. Haiyoh. Haiyoh. Correct?
Not dare to join the competition tak mau MHP leh. This is the rule leh. Takda black n white to prove leh. Mau MHP join the competition first leh else MHP you earned million million pun takda orang caya leh. Haiyoh. Correct?
Monday onwards bursa mau ada Xmas celebration or not. Msia many holidays celebrate ini celebrate itu tapi bursa juga no celebration kah. Apa lah. Haiyoh. Correct?
US STOCKS-Wall Street Ends Lower for Third Straight Day As Recession Worries Rise Reuters
2022-12-17 05:17
DJIA -0.85% (Reuters) - U.S. stocks dropped for a third straight session and suffered a second straight week of losses on Friday as fears continued to mount that the Federal Reserve's campaign to arrest inflation would tilt the economy into a recession.
Equities have been staggered since the U.S. central bank's decision to raise interest rates by 50 basis points (bps), as expected. But comments from Fed Chair Jerome Powell signaled more policy tightening, and the central bank projected that interest rates would top the 5% mark in 2023, a level not seen since 2007.
Further comments from other Fed officials fueled the concern. New York Fed President John Williams said on Friday it remains possible the U.S. central bank will raise rates more than it expects next year. The policymaker added that he does not anticipate a recession due to the Fed's aggressive tightening.
In addition, San Francisco Federal Reserve Bank President Mary Daly said it is "reasonable" to believe that once the Fed's policy rates reached their peak, they could stay there into 2024.
"It feels as if finally the market is starting to understand that bad news is bad news, and that is what is starting to occur. Since the October bottoms, the market has continued to price in what I would consider a substantial amount of optimism at the fact the Fed could navigate and pilot a successful soft landing," said Dave Wagner, equity analyst and portfolio manager for Aptus Capital Advisors in Cincinnati.
"Finally, the market is taking into consideration that bad news should mean bad things for the market."
The Dow Jones Industrial Average fell 281.76 points, or 0.85%, to 32,920.46; the S&P 500 lost 43.39 points, or 1.11%, to 3,852.36; and the Nasdaq Composite dropped 105.11 points, or 0.97%, to 10,705.41.
For the week, the Dow lost 1.66%, the S&P fell 2.09% and the Nasdaq declined 2.72%.
Money market bets show at least two 25 bps rate hikes next year and a terminal rate of about 4.8% by midyear, before falling to around 4.4% by the end of 2023.
On the economic front, a report showed U.S. business activity contracted further in December as new orders slumped to their lowest level in just over 2-1/2 years, although easing demand helped cool inflation.
The tech-heavy Nasdaq on Thursday closed below its 50-day moving average, a key technical level seen as sign of momentum. On Friday, the S&P also closed below its 50-day moving average.
The prospects of a "Santa Claus rally", or year-end uptick, in markets this year have dimmed, as the majority of global central banks have adopted tightening policies. The Bank of England and the European Central Bank were the most recent to indicate an extended rate-hike cycle on Thursday.
Markets pared losses in the last hour of trading, however, possibly due in part to the simultaneous expiration of stock options, stock index futures and index options contracts, known as triple witching, which can exacerbate market volatility.
Each of the 11 major S&P 500 sector indexes were in the red, led lower by a drop of more than 2.96% in real estate stocks .
interest rates to peak at 5% not so bad ................... FED is doing a good job if they achieve their objectives .
to be honest FED missed the boat last year and trying to say they will not miss the boat again.
the real question by 2024 is what policy options FED got when BRIC is independent of USD. ...when Malaysia also don't need USD when trading with China.
Bankers are fat from earnings 4 trillions Usd. No wonder they are call Fat Cats for greediness.
Posted by UlarSawa > Dec 17, 2022 9:18 AM | Report Abuse
Haiyoh Buffolo ctr ular tak dapat discounted price leh. Up leh. Takda red as expected leh. Sob Sob. Apa banda itu 4trillion options expired is over. Monday start new option again kah. Haiyoh. Haiyoh. Correct?
So tomolo last week already leh. Still no xmas turkey then mau minum sky juice only leh. 2022 ending pun takda rally kah. Kesian. Klci still below 1500 leh. It show whoever jadi PM pun cannot break Bossku old record leh. Haiyoh. Correct?
Last week ular pergi bank asking FD pun ada 4% leh. Not bad lah. Later increase again can get 4.5 to 5% bah. Money keep in the bank pun better than put in bursa negative return leh. Haiyoh. Correct?
DMoneyMakers
Basically MY/US bank different operating environment
MY banks fight 4 customer deposits (pay competitive FD rate) & use to give loan (earn interest @ income)
US banks get unlimited cheap money from FED (dont care customer deposit)
22 hours agoj
Income
Gee our FD one year how much only 3++% against US FD going to 5%. No wonder Rm lose value.
Now ular hope interest rate increase further so that all depositor can earn better rate compare to last 2 yrs so miserable rate leh. At least must have better to beat the inflation rate leh. Else pun money in the bank pun negative return leh. Unfair to the depositor leh. Haiyoh. Correct?
Money value drop never mind. Interest rate pun low cannot beat inflation rate. Then keep money for what. Lose Lose leh. Better spend it leh. Haiyoh. Correct?
DSAI can break Jibkor Klci records. Just wait lah. Don’t whine this every day???
Posted by UlarSawa > Dec 18, 2022 10:37 AM | Report Abuse
So tomolo last week already leh. Still no xmas turkey then mau minum sky juice only leh. 2022 ending pun takda rally kah. Kesian. Klci still below 1500 leh. It show whoever jadi PM pun cannot break Bossku old record leh. Haiyoh. Correct?
Now market cakap Fed raise rate again to fight inflation will cause recession leh. Itu Fed makan gaji buta only know how to increase rate to fight inflation leh. Haiyoh. Correct?
Not easy meh. Mau market up print money. Mau market down rate interest rate. Very easy mah. Not makan gaji buta meh. Maybe makan gaji ber billion billion from market pun possible leh. Possible kah. Haiyoh. Boleh?
Ular mau keluar makan liao. Keep money also drop in value. Better spend it. Orang cakap the money you keep is not your money until you spend it baru kira your money. Sound logic right. Haiyoh. Correct?
Cash is king but inflation will eat up the cash. Cash is king only if u wag it when needed....see Chun chun and wag but don't wag hengyuan at 7 la...u can keep cash or u can wag HK jd.com
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....
Mikecyc
47,016 posts
Posted by Mikecyc > 2022-12-17 07:12 |
Post removed.Why?