Fears of a financial crisis may be overblown. The problems we see now with global stock markets, particularly the US, are more policy related rather than structural, i.e. more because of trade war and interest rate hikes as opposed to deeply embedded instability in the financial system as was the case with the global financial crisis. Otherwise the US economy is booming. The markets are reacting exactly how they are supposed to react with respect to interest rate hikes which are supposed to be cooling measures anyway. "Correction" is probably the more accurate term.
mahathir should test this saudi to donate same 2.6 bil to him and all Malaysian 30 million each person give 10k see if the king can do it now rather than see monkey movie.
There won't be financial crisis when everyone now is so careful to invest and worry for market crash ? Market crash like 2017 happened when everyone was over confidence and seeing bullish ahead.
This counter is getting more and more attention as it going down somemore !! All my friends now competing see who get the lowest every day !! Speechless
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
MQ Trader 557 views | 2 d ago
0:17
New IPO: An enterprise IT solutions provider that provides implementation services, maintenance, support and professional services, Vetece Holdings Bhd aims to list on the Ace Market!
MQ Trader 605 views | 7 d ago
0:17
New IPO: A manufacturing and trading of biomass fuel products, particularly PKS and wood pellets company, Elridge Energy Holdings Bhd aims to list on the Ace Market!
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....
RenegadeMaster
460 posts
Posted by RenegadeMaster > 2018-10-25 16:09 | Report Abuse
Fears of a financial crisis may be overblown. The problems we see now with global stock markets, particularly the US, are more policy related rather than structural, i.e. more because of trade war and interest rate hikes as opposed to deeply embedded instability in the financial system as was the case with the global financial crisis. Otherwise the US economy is booming. The markets are reacting exactly how they are supposed to react with respect to interest rate hikes which are supposed to be cooling measures anyway. "Correction" is probably the more accurate term.