Posted by KC Loh > 2012-10-30 03:05 | Report Abuse
Yeah, its here via-a-via the Washington Post's 12% unemployment rate. Employment thrust still needed!
Posted by KC Loh > 2012-10-30 03:05 | Report Abuse
Posted by KC Loh > 2012-11-01 22:41 | Report Abuse
http://www.reuters.com/article/2012/11/01/us-economy-unemployment-idUSBRE8A00P820121101
Maybe too late for Bernanke to achieve immortality as the Fed chairman to lead US out of the worst recession of the decade with monetary policies only as QE3 was delayed by one quarter?
Posted by KC Loh > 2012-11-02 14:03 | Report Abuse
Trust the people of North Carolina to get the ball rolling on tax reform! LoL
http://blogs.reuters.com/great-debate/2012/11/01/2013-the-year-of-tax-reform/
Posted by Frank Soweto > 2012-11-03 03:26 | Report Abuse
huh personal income tax reform? - I'm paying 28% to Romney's 14%! Bloody crooks!
Posted by KC Loh > 2012-11-03 12:22 | Report Abuse
That's the problem with the American system. One for us, and one for the rest of the world. The school bully mentality! Starts with their leaders! :)
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PBBANK: Technical Outlook Suggest Target of RM5 (Uptrend but Overbought) - KingKKK
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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....
Posted by KC Loh > 2012-10-10 16:42 | Report Abuse
This is just to put my thoughts on paper (or posting)!I think Bernanke's focus on jobs to the US industry is good seeing that the impending fiscal cliff is coming. with spending cuts all around the civil sector as well as tax increase in all sectors of their economy, US could be trapped in a bear market for a while leading to a long recession. The double edge sword of 8% current employment and will balloon to a possible 13.3% will be significant unless many Americans starts getting jobs. Inflation on top of that will keep national security at risk. the US40bn spending for improved job data is good and sound policy in light of limited fiscal moves Bernanke can implement. Its only monetary policies in place now, not fiscal! Even then, many are questioning did Obama's government manipulated the numbers as Jack Welch observes : http://www.bloomberg.com/news/2012-10-09/ex-ge-ceo-welch-leaves-fortune-after-twitter-post-backlash.html The US will only have one more quarter to show improved strength to the job sector of which it can help build momentum and avoid a recession. if not, it will be a sick man of the world. what will that bring to Malaysian equities? for one thing, it would lead to monetary outflow to safe havens, the likes of Korea and Indonesia. Malaysia could stand to benefit! will there be a bull? the answer lays in the hand of Bernanke and how effective the US40bn a month could push. on the other hand,a sick US will not necessary augur well for us, US being the second largest trading partner for Malaysia. double edged swords lately in the market!