off topic:
Preparing myself for the day when somebody actually puts a bullet in Negan's head... might be long way to go but it will be epic

rhb islamic bond flat. 0.0%. but not celebrating yet. although its not like i plan to average down or whatever.

dat bond free fall... hahahahahaha

Offset it by having some exposures in developed market... diversify properly..

Usually to see cheap or not we compare with historical average.. commonly 3-year or 5-year PE. Cheap or expensive can't depend on forward PE.. as forward PE depends on analyst projection. All companies will look cheap if we compare current PE with forward PE.. since earnings are usually inflated next year for companies with "going concern" while price assumption is current price..

Im not too sure if you should compare thematic (tech) index to market-cap (largest 500 stocks by mkt cap) based index?

If I'm still wrong, maybe you should give multiple choice question



This post has been edited by _azam13: Nov 20 2016, 03:44 PM

So whats the answer for the PE question?

RHB islamic bond up 0.15% today.. asnita 0.00%.. im not celebrating just yet but i sure as hell will appreciate a positive and a flat.. as long as its not down down down lol

you overthink la. im just happy seeing my bond fund going up 0.15% for a day. never implied its going to be better or worse

yeah, i was the one who said 'im not celebrating yet' lol. true enough, it went down again. i think its gonna recover in the medium to long term, but just to be sure, im hedging it with exposure to USD fund.

Not really. A closed door policy (cancelling TPPA) would hasten the rise of China's own ultimate trade agreement with its counterparts, OBOR (One Belt One Road). Or at least thats what the market is thinking. Whether if it is likely to happen, is another story.

Might be true. Honestly I dont know what to think about that. Would be good if someone wrote have a thorough analysis on that. I don't really like China because of the conflict in South China Sea. I feel like they're being way too a**hole-ish on that matter. And our beloved PM relies way too much on their FDI until China flex some muscle also we don't dare to say a single word. To put it in simple terms, we are their b**ch (for the lack of better expression).

rhb islamic bond and anita up today, 0.16% and 0.05% respectively

today 10 year mgs yield -0.74%. 5 year -0.2%. 3 year +0.21%. people have been buying back some of our bonds. at least for today. hopefully this momentum keeps going, so the effect of fed rate hike later will be partially offset.

how is it a propaganda? they're a proper institution, sharing their view on the market

Nahh, they're just quoting RAM Ratings, a respectable institution in Malaysia providing credit ratings services. Also, its economics. Its never black and white. You will find a bunch of economists from other institutions who agree with that view, and probably a similar amount of economists who have different views.

Domestic demand is important... we don't want to rely on trades (external demand) too much. Because once other countries decided they had enough and curb import from our country, thats when we have problems..

Do you know why China decided to throw its one family one child policy down the drain? Boosting domestic demand.

Also the reason some of our local gov give incentives for ppl to get married.

More Married -> More child -> More citizens -> More consumption -> Businesses grow -> Pay higher income/Create more jobs -> Citizens reduce household debts+spend more -> higher inflation

Inflation is where BNM put its radar. If inflation is too high, rates could be increased (tightening policy) so people spend less. Actually this is why BNM didnt raise the OPR. Ringgit is weak -> import becomes expensive -> cost-push inflation -> No rate cut. Although this is also a problem if income doesn't grow with inflation. How to grow income? If you look at the arrows up there, you can see that demand is the one driving it..

Besides, our consumer sentiment has been hit pretty bad last year and this year from rising tolls, GST, subsidy rationalisation (cooking oil, petrol). Once domestic demand recovers then you will see our country grow faster.

Essentially what you said is true.

Our economic model is off to begin with, we are a country comfortable in our own space. We are not an innovative country, we are just satisfied of opening another F&B/clothes/convenience store. We don't create new products, we are comfortable supplying small parts in the new products.

Our country is not far-sighted enough to be thinking of a sustainable economy model.

My views of our economy echoes whats been said by Prof Jomo:
http://www.thestar.com.my/business/busines...aysian-economy/

Although, all this been said, doesn't negate the fact that domestic demand is important. In fact, it is and it should be the building block of an economy.

bonds being bashed again today lol

was referring to gov bonds

http://www.investing.com/rates-bonds/malay...maturity_to=260

to be fair it might not reflect corporate bonds since corporate bonds are not that liquid. also, foreign ownership is much heavier in gov bonds than corp bonds

thats for investors who wish to target high growth emerging markets in Asia. Japan is already a developed market.