I guess by next week investors will accept that China refuse to blink and 25% tariff will be imposed on 50 billon worth of China imports! That will be round 1 of long trade war between US and China!
I think markets basically already absorb this new reality!
Next week, we should see strong rebound of markets! Hedge funds will again make their round of big profit! After few weeks of bull markets, everybody forget about it!
And this should go on until the next round of trade war, the 200 billion tariff!
I think China will eventually succumb to US tariff and agree to respect IP rights once China economy start to suffer! US GDP already projected to hit 4.7% after full tariff are implemented! So US basically getting free money of 100 billion on top of stronger economy! US will come out the biggest winner! CCP days of global colonization is numbered!
In a few months time,ppl will realize this now is a golden oppodtunity to accumulate stocks as world economy is still growing and current sell off has been overdone.But as usual,they will be late.
Fundamentally, US economy is getting stronger in fact we should see GDP number that we never seen before! US is now on growth story at mind boggling proposition! Thanks to shale oil, US is now not only world top oil producer but also world best innovators! So Donald Trump strategy is actually timely! I guess everybody underestimate Donald Trump!
Rebound? We are expensive! We deserve to be below 1700 pts! Huhuhuh...
“The stock markets in Hong Kong and Shanghai are trading at less than 12 times the price earnings multiple, while Bursa Malaysia is at 17 times. To the uninitiated, the lower the multiple, the cheaper the valuation, and hence, the better the prospects for profits. So, should anybody be surprised that the benchmark index of Bursa Malaysia is at less than 1,700 points? No, they should not be.” Read more at https://www.thestar.com.my/business/business-news/2018/06/30/its-the-unknown-that-the-new-malaysia-should-fear/#KqEiGBZCSKkIu2Iq.99
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4546 views | 4 d ago
0:17
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!
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 Jack Ma > 2018-06-30 16:07 | Report Abuse
I guess by next week investors will accept that China refuse to blink and 25% tariff will be imposed on 50 billon worth of China imports! That will be round 1 of long trade war between US and China! I think markets basically already absorb this new reality! Next week, we should see strong rebound of markets! Hedge funds will again make their round of big profit! After few weeks of bull markets, everybody forget about it! And this should go on until the next round of trade war, the 200 billion tariff!