Category: US / Dollar related
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Surely you like your company to be listed in Nasdaq?
If one day I could have a company listed in Nasdaq, I would just walk into some Starbucks store and tell everyone one more round of coffee on me. Haha. By the way, this is how Wiki describes Nasdaq. “The Nasdaq Stock Market, also known as Nasdaq, is an American stock exchange located at One…
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UBER saves cost by ‘cutting’ people. Wall Street analysts like it.
These days, we see many big names letting people go because of the effects from COVID-19 economy shutdowns. Without economy activity, business suffers and soon the company would not have enough funds to continue paying salaries. Thus, they have to let people go. Another famous name is also letting people go because it has to…
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The U.S. is restarting its economy, starting with some states (according to President Trump)
We have read how the economy will be crippled by lockdowns. China’s Q1 GDP growth is negative 6.8 percent versus a year ago, according to government statistics released Friday. Article here. This was caused by the extensive city lockdowns which helped to reduce the effects from COVID-19 tremendously. Please refer to the below image for Active…
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Whatever happens in that largest economy may also happen here too.
This is the title of the Article in washingtonpost.com. “U.S. economy deteriorating faster than anticipated as 80 million Americans are forced to stay at home.” The sub-title, “Already it is clear that the initial economic decline will be sharper and more painful than during the 2008 financial crisis.” Perhaps the writer is using the title…
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If we have US$2 TRILLION, everything will be just fine.
When a financial crisis strikes, the general advice given by some knowledgeable people / institutions include letting the inefficient companies close down so that the market will soon become healthier as only the healthy companies could remain. Never mind those working people for that inefficient company. They should find jobs in some other healthier company…
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Ever thought of losing RM1.78 trillion in one day? These 5 companies just lost this much.
Uncertainty causes much instability. Instability causes much worry. Worry causes much illogical decisions too. When some companies are overvalued (or overpriced), its stock price stays perched high up when everyone thinks that the next financial year will surely be even better. When some companies are at the right valuation, its stock price may still drop…
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When Earth gets too expensive, let’s move to Mars! Okay, how much?
Sorry, I will not treat this as serious because there’s just too many places on Earth which I would love to visit before I say bye-bye to this world. Definitely not looking to stay in a red coloured planet yet. Want to know what it’s like to live in Mars? A man survived and I…
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Ringgit to strengthen further in 2019. Good news yeah?
I do not think currency appreciation directly impacts the property investment within the Malaysian property market. It helps businesses with loans in US$ too because then repayment will be easier. A strong currency also provides a positive sentiment and I think that’s very much needed in a slow property market. Perhaps too many media outlets…
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Worst week ever within past decade. Is this a sign?
When the world’s largest economy sneezes, many countries may catch a cold. Wall Street ended last week on a very bad note. It was the worst performance since late 2008. (That was when the sub-prime crisis happened, remember? When the banks lendings and speculative activities got too ‘crazy.’ All these are contributing to the worst…
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Biggest stock decline in 87 years is definitely a shock
A good friend told me that he just bought 10,000 units of a dividend stock 2 weeks ago. I think this is the right way to go. If we are still looking at the stock market for quick wins, it may also be a quick loss too. Then, this news appeared today: US faces biggest…
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Extra RM2.4 billion for affordable home, good news? (Only if…)
I agree with Finance Minister Lim Guan Eng fully on this one.Article in TheStar here. American investment bank Goldman Sachs should return the US$588mil (RM2.4bil) in it was paid for 1MDB-related matters. This RM2.4 billion fee was for the raising of bonds totalling US$6.5 billion (RM23.29 billion) 1MDB back in 2012 and 2013. He said, “They must pay…
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IMF’s warnings: ‘risk of a sharp tightening of financial conditions’
When stocks are overvalued, stop buying them as if we are in a ‘never ending’ best-seller movie. When properties are overpriced, stop buying as if they are an asset. An asset is also defined as “an item of property owned by a person or company, regarded as having value and available to meet debts, commitments,…