Do anyone here heard that a company that called QMIS Financial group from Malaysia, they are now planning to get listed on NASDAQ, and offering preference share RM4.50 per share for the local retail investors. Anyone heard about it ? is it a scam ?..

Thank you.

AbbVie Inc. ABBV -0.42% is nearing a deal to buy Allergan AGN -0.95% PLC for more than $60 billion, according to people familiar with the matter, as two big drugmakers bet a combination will deliver new sources of growth they have struggled to find on their own.

The takeover, worth $188 a share in cash and stock, is expected to be announced later Tuesday, the people said. The price, mainly to be paid in cash, represents a 45% premium over Allergan’s closing share price Monday of $129.57. If not for a surge in the shares in recent days on expectations for a breakup of the company, the premium would be even bigger.

Allergan Shareholders will receive 0.8660 AbbVie Shares and $120.30 in cash for each Allergan Share, for a total consideration of $188.24 per Allergan Share

Are you saying US government couldn't intervene in USD forex rate?

Is this possible ? are you referred to manufacturing or office (company)?

If lets say ppl dont expect US Fed to lower the rate in December, will there be a market sell off?

The longer they hold, the harder when fall.

Just like 08, hold hold hold lol kaboom juga.

But every crisis happen have its own different reason. Let see this time how is it.

Agreed, wonder how long market euphoria, ATH yesterday as well

[Do note that fund mangers at least in the US have been paring their equity holdings and moving into bonds but if the US markets goes parabolic like in Jan 2018 then we are in for another top
Yup it is madness out there
Especially Europe even after so much easy money policies it is still lagging

I read the book by Ray Dalio and it talks about deleveraging, which illustrates that quantitative easing will only help out to a certain extent and after that no effect can be seen.

Every crisis is precede by a bubble, what is the bubble this time? u.s. corporate debts? china?
Easy money and low interest rate doesn't mean people will spend or invest e.g. japan. immediate market uncertainty is dt's twitter.

Great sharing, but don't forget DT is trying to add in new member to FED, if it happens, market will just follow his twitter too, by that time he can do whatever he wants with the market

That's what I heard on the financial media. We all know what's an insurance is, something that we need
to cover losses in case of a disaster.

The market is expecting the Fed to provide a rate cut now (like an insurance) because it wants a preventative measure to avoid a recession sometime in the future but now this is an unlikely event given strong employment data.

This behavior will juice things up resulting in little ammo left when the real disaster hit.
Yes, it is crazy.. fundamental goes out for now b'coz good news is bad news.

Another problem is the US president himself is blaming the Fed for lackluster economic growth when infact his own trade policy is causing the problem.

So, if interest rate cut really happens, and equities fly up, I think we should sell into the rally and sit on cash until the equities comes back down from stratosphere.  

If they have been reducing balance sheet, shouldn’t the spread between 30 year and fed funds increase as long term rates go up?

Global industrial production declined about 6% in the first half, according to BASF, and twice as much in China, the world’s biggest auto market. Bad weather hurt North America’s agriculture sector, leading to lower demand for crop protection products. Sales will fall slightly in 2019, down from a prior expectation of growth of 1% to 5%, and BASF still expects to cut 6,000 positions by the end of next year, it said in a statement.

Contrary to its expectations last year, the trade tensions between the U.S. and China have not eased, the company said. That has slowed decision-making and investments in key markets including the Asian country. BASF doesn’t see the situation improving in the second half of 2019.

Exchange need to make $ to sustain. Where and how they derived their income?

I just went into the US stock market un June last year. My current portfolio of stocks are as follows::

1) Luckin Coffee
2) Phillips66
3) Bristol Myers Squibb
4) Microsoft
5) Wallgreens
7) Exxon Mobil
8) Momo
9) NextEra Energy

Any suggestions on stock which i should consider for 2020?