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markedestiny
post Aug 14 2018, 05:13 PM

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QUOTE(Boon3 @ Aug 13 2018, 11:33 AM)
Take the following article...

https://www.cnbc.com/2018/07/23/goldman-tar...ies-to-win.html

But the market in general seemed to had ignore it.....
Now comes Turkey....
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yes, agreed that the market is overly optimistic...
markedestiny
post Aug 15 2018, 02:52 PM

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QUOTE(Boon3 @ Aug 15 2018, 11:17 AM)
Yup. Overly optimistic.

The trade tariffs imposed on so many countries questions the relevance of WTO. Say goodbye to free trade.

....and how about inflation? Won't the 25% here, there and everywhere will easily inflate things up fairly fast?
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when 2008 happened, i read that the market was optimistic too tongue.gif
markedestiny
post Aug 15 2018, 05:26 PM

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QUOTE(Boon3 @ Aug 15 2018, 04:22 PM)

As you can see above, the earnings trend HAD BEEN DOWN for quite sometime already...
meaning to say, yesterday shitty earnings WASN'T UNEXPECTED...

BUT look at the 3 month stock trend on the right of the above screenshot...

The stock used to be trading around 20+ sen...
It was above 44 sen yesterday??

rolleyes.gif
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Maybe the greater fool theory at play here

 

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