US' one-China policy has not changed with Taiwan visit:
US National Security coordinator John Kirby on Monday said that the United States is clear about its One China policy and does not support "Taiwan independence" amid the reports of US House Speaker Nancy Pelosi's visit to Taiwan. "We are clear that nothing has changed about our one China policy which is guided by Taiwan Relations Act. We do not support Taiwan's independence," Kirby said while addressing a media briefing. "We expect to see China use inflammatory rhetoric and disinformation in the coming days," Kirby added.
Swing traders love 'rhetoric n disinformation', but some have gone ...
"China appears to be positioning itself to potentially take further steps in the coming days and, perhaps, over a long time horizon," adding, "These potential steps include military provocation, such as firing missiles in the Taiwan Strait or around Taiwan."
"We will not take the bait or engage in sabre-rattling," "At the same time, we will not be intimidated."
Many are wondering whether EPF is liquidating assets after some 100 B withdrawals from the i-Lestari, i-Sinar, i-Citra schemes & the one-off RM10K? Presently, any sale n purchase of assets by EPF is part of its investment balancing activities. For instance, from Jan to Aug 2022, EPF added a 100 M shrs of Inari, 24 M shrs to Ambank, 26 M shrs of RHB, etc. It's just that EPF is doing a bar bell approach to investment between risk and reward. (No swing approach needed here)
If there is consumption n no unemployment, recession or depression not so soon in Malaysia. When your neighbour's young son is out of work, then maybe a downturn is coming. Most likely, your neighbour's son doesn't want a 9-5 job but want to be a free-n-easy swing trader!
China firing live firing rounds this time after Pelosi visit is called the 4th Taiwan Straits crisis. The 3rd Taiwan Straits crisis was in 1995 when Taiwan President Lee Teng-Hui visited Cornell U, USA. The 1st Taiwan Straits crisis was in 1954... so wait n watch the next Taiwan Straits crisis again.
Anyway, President Yoon of South Korea has snubbed Pelosi by not meeting but holidaying... The Foreign Minister of S Korea also not meeting her, only the speaker. The whole trip has a poor ending for Pelosi ...
MIDF stays positive on technology sector; Inari and Unisem top picks
“Our top pick semiconductor companies are Inari Amerton Bhd (buy, [target price (TP)]: RM3.65) and Unisem (M) Bhd (buy, TP: RM4.07) given the group’s exposure to growing RF (radio frequency) contents in 5G smartphone usage and adoption.
most of inari's revenue is from broadcom that supplies apple as well. Apple needs the chips from TSMC. So if china invades taiwan, TSMC's operations will be halted. It's no brainer that apple will stop requesting for more parts from broadcom. Therefore, Inari as well. So it will be a limit down la.
If you say the odds of alien coming or asteroid hitting earth is higher than china invading Taiwan, you really got bad probabilistic approach to managing uncertainty. Alien is not proven yet. So the probability of alien coming to here is pretty much 0. China is already building up its force and conducting exercises around taiwan. It's only matter of time before China pulls a putin move (invasion under the pretext of "exercises") on taiwan. So the probability of china invading taiwan is RELATIVELY higher than aliens coming to here. Btw, U.S is a big instigator of war. They have succesfully done it in european region, Middle east and now they are looking for Asia next. So if you think China wont invade taiwan, i really feel sorry for you. Have a good weekend. I need my break :)
US very smart , send a joker to visit taiwan, make the next door big brother angry, and fire the missile over. hahahah ... then can kill china, taiwan economy, development, its people. and US continue to growth stronger and stonger.
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....