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 STOCK MARKET DISCUSSION V133, Bear coming?

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cherroy
post Jul 17 2013, 10:33 PM

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QUOTE(StupidGuyPlayComp @ Jul 17 2013, 09:01 PM)
Budget coming soon, government may announce something to limit the property sector like prohibited the DIBS, increase of RPGT, even possible of interest increase later
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Interest rate is controlled by BNM, not gov.

And at current situation, (has posted many time), it is very unlikely local interest rate being hiked by gov.

Stricter loan requirement, and measures to reduce the pace of household loan may be, but not interest rate hike.

Economy pace is already slow down, export slow down (in fact register negative figure recently), a hike of interest rate is the least likelyhood measure will be taken by BNM.
Most central banks are pro-growth nowadays.




cherroy
post Jul 17 2013, 10:53 PM

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QUOTE(yok70 @ Jul 17 2013, 10:48 PM)
I got a question. If inflation up (probably caused by reduce subsidiary on various items, as well as electricity price hike etc), will BNM raise interest?  notworthy.gif
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They should, but doesn't mean they will or must.

But it all depended on central banks wish or pro which side.

Pro-grow or hawkish.

Nowadays, central banks (pro-grow) can opt for real negative interest rate environment, which previously (or conservative taught one) a big no no for monetory policy, which is detrimental for savers.

cherroy
post Jul 18 2013, 09:35 AM

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QUOTE(StupidGuyPlayComp @ Jul 18 2013, 09:02 AM)
laugh.gif I agreed that BNM wont raise interest at this moment...............at least for this year

next year hard to say, highly influence by US's movement.
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Do you think US will raise interest rate?
I do not think so, unless there is new Fed Chairman that is hawkish.

See the word, 2015. whistling.gif

http://www.bloomberg.com/news/2013-06-19/f...sks-waning.html
QUOTE
Fifteen of 19 policy makers expect no increase in the federal funds rate before 2015, according to today’s forecasts. In March, 14 policy makers had that expectation.


Many just debating whether QE3 need to be tapered, or when to taper, this has not yet a clear picture.
Before we talk about rate hike, we must take about QE is halted entirely first, remember there is no dateline for QE3 until so far.
They just talk about may be (the word may) reduce (the word reduce, not stop). tongue.gif
cherroy
post Jul 19 2013, 10:57 AM

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QUOTE(StupidGuyPlayComp @ Jul 19 2013, 10:42 AM)
laugh.gif I prefer it touch 1600 more than 1800.........lol
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2000 coming?

Really super rock bull...
Europe crisis, QE tapering whatever, KLCI hardly went down at all despite sell off or other regional bourses, but market bull time, go to upside....



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