It is right within our expectation that Fed yielded to public and political pressure to cut-rate as announced on August 1st, Thursday morning (Asian time). However, the market reacted with weird responses. Both the equity market and gold prices dropped dead, while USD rose unexpectedly. The only explanation would be that market was disappointed with … Continue reading Precious Window of Opportunity Right Here
Tag: election campaign
New Malaysia New Opportunity
May 10th, 2018 marked a day that made all Malaysian feel proud in the whole world. It is a day that surprised all foreign analyst. Like what I wrote in previous blog, almost all foreign analyst expected the previous administration under Najib would be able to retain power after General Election 14. Foreign investors were … Continue reading New Malaysia New Opportunity
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