Market is all about PERCEPTION (OPINIONS) and REACTIONS. We have BREXIT causing much anxiety to the CURRENCY markets. Now that there is no more excitement, we are back to USA and Interest Rates.
Bursa KLSE as expected is a MUTED affair and that is going to be that way for a long time to come. Actions remained in the COMMODITIES market and this will be the arena for thrill seekers.
We are through mid-way 2016 heading to the end and looking forward to 2017.
Global economy is not performing with all the QEs and not surprising given that this easing benefits the financial institutions initially failing to trickle down the the masses.
Is the economy on a stronger footing since 2008-2009? Is the inflation tame despite the reasonably low commodities prices? Are job opportunities abundant? Job seeking workers? Or the reverse?
Despite all the BS we read in media, things are NOT WELL!!! Rate cuts didn't stimulate growth and jobs!!! Infact, all went the opposite!!!!
Good Luck and all the best for the rest of the year and the years to come!!!!!
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