Sunday 6 May 2018

Election. Paranoid

Is the single from Post Malone which has come from nowhere in its first week of release, smashing in at number 11 on the UK Top 40.

With election day nearing, the financial markets are acting paranoid.

Foreign funds, sold RM438 million worth of shares last week. This is the first time in four weeks, foreign funds are net sellers on Bursa Malaysia.

Elsewhere, the Ringgit against the US dollar is trading at RM3.94.... so much for talk that Najib will bring it to RM3.80 on election day.

Are the markers just paranoid, or do they already know, what we all think we know....