A few days ago, US markets had two days major slide leading global market retrieve overnight. The cause of the slide was bad corporate reports started the quarterly reporting season in the fear of the backfire from the trade war effect. However, a few more good US economic reports like high employment rate has calmed … Continue reading October Market Watch: Significant Market Move Weeks Ahead
Last Friday, March 29th, Permodalan Nasional Bhd (PNB), one of the investment mammoths of Malaysia announced its dividend distribution of a record high of RM15bil for the financial year ended Dec 31, 2018. The same article said PNB has successfully maneuvered through a challenging economic environment in 2018 to achieve a 6.9% increase in assets … Continue reading How to Beat Investing Mammoth
As I had mentioned in previous post that big US market drops on 4th December were not anything serious that investors should be alarming. However US markets dropped again last Friday, December 7th. And this round, it could be very critical. There are a number of reasons investors should be cautious after this drop. First, … Continue reading Critical Week Ahead
It has been a rough week to bear for investors, especially for the last straw where Trump surprised the market by announcing raising import Tax for Steel and Aluminum. Criticism around the world from both investors and political leaders roared with disappointment and anger. Market Apocalyptics, of course were not sitting tight without trumpeting symphony. … Continue reading Do You Want to Freak Out Too?
Andrew Sheets, chief cross-asset strategist at Morgan Stanley, recently said that the recent correction was just an "appetizer, not the main course." Chris Watling, chief executive of financial advisory firm Longview Economics, also said that market models show a "third wave" of the market correction is coming. This comment was released at the time when … Continue reading 5 Reasons to Believe Recent Sell Off a Temporary Event