QUOTE(worgen @ May 15 2013, 12:24 PM)
for sure not yet but data will give thm some thin hope and comfort.
KLSE all time high, ringgit all time strong, MGS yield all time low, property prices all time high, everything is hunky-dory now.........everybody making gains.
Sustainable?
i think future outlook is weak.....government will have to increase debt or revenue(tax) to support their ever growing spending plus whatever they spend 30% gone ????. Commodities bull is over, will only move sideway and will not help increase government's revenue (Oil and CPO). To rely on domestic consumption soley, our population not huge enough. To rely on corpoarte earnings, how many corporates are expanding overseas bringing huge revenue and profit back? Once ETP contrcution over, what else to boost?
raising debt or tax.....our future is bleak, middle income "promoted" to poor, either by inflation or less income.
Office space - malaysia breaching 100mil sft supercede Singapore, Thailand, Indonesia when overall FDI dropped. Who's the future tenant?landlord?
and more to come Iskandar......
whatever supporting the market now is Liquidity, once malaysia debt breach the safety level and foriegn funds pull out, we will see the impact, Ringgit weakened, KLCI plunge, Bond yiled increases.
Property prices - Down, stagnant or Up? your guess
suddenly putting $$ in US seems to be a better bet.....

just my thoughts...