KLSE (MYR): MATANG (0189)
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Last Price
0.085
Today's Change
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Day's Change
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25,200
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leslieroycarter
5,777 posts
Posted by leslieroycarter > 2017-01-20 12:14 | Report Abuse
US markets r considered 20% over-valued , so the tendency of interest hike is prevalent as envisaged by many analysts . The spill over effect will be felt here n Matang will not be exempted. Our currency will be put to another crucial test . If it can weather and cushion the impact then we r considered lucky. The Trump administration has no details on its expansionary measures on infra spendings . His protectionist attitude will encourage more countries to adopt protectionist behaviors , this will not auger well for the world economy , more so when Trump advocates trade war with China which will inadvertently caused turmoil in other countries more so for countries depending more on exports. Our country will not be spared either. The crux is uncertainties r abound so our future is bleak ! Beware all the pundits!