QUOTE(ngaisteve1 @ Jun 13 2013, 11:40 AM)
Sky, when we will know Ben's decision on this?
Less cash on the tables for the world to play.
Those got high gearings ( high debts ) may just go Holland in year or two.
" Easy come, easy go. Hot money, or speculative capital flows, triggered by the U.S. Federal Reserve's ultra-loose monetary policy, is fast exiting emerging market equities, confirming worries over the negative consequences of such policies.
Asia's top performing stock markets including the Philippines, Thailand and Indonesia have erased a sizable portion of the year's gains, losing between 8 percent and 12 percent over the past two weeks, as concerns over the Federal Reserve's plans to scale back its bond-buying program triggered outflows.
"We are seeing the reverse of what happened over the past 24 months. So the outperformers are now giving back their outperformance over this short period of time. It's been hot money moving in, and now hot money moving out," said Sani Hamid, director, Wealth Management, Economy & Market Strategy at Financial Alliance.
The Federal Reserve's bond buying program has provided a steady stream of cash into emerging markets searching for higher returns. However, as the central bank prepares to pare back stimulus, investors are reassessing their positions."
This post has been edited by SKY 1809: Jun 13 2013, 11:45 AM