Tuesday 13 February 2018

Mahathir Mohammed. Eye of the TIGER

Is the massive massive hit for survivor. Taken from the sound track of Rocky, the song is all about beating the odds with a BANG.

At 92, Mahathir Mohammed is the hell rider out to bring down Najib Razak's Barisan Nasional.

Indeed, Najib has the support of the majority of voters, but this coming election is too close to call.

Rising up like an eye of the tiger is Mahathir Mohammed, a man who knows how to even the odds, against all odds.

Read the report below by Finews :

As embattled Malaysian leader Najib Razak faces snap elections in coming months, the billion-dollar graft scandal surrounding state fund 1MDB threatens to resurface.finews.asia parses the details.

Singapore has shut the book on 1MDB, a scandal which shut down two banks in the city-state and led to charges against private bankers over money-laundering and other crimes. Switzerland, where banks also willingly helped launder money from 1MDB, is conducting criminal proceedings as part of a six-country probe led by American prosecutors.

The U.S. alleges that $4.5 billion was pilfered from 1MDB and used for everything from luxury real estate to a diamond necklace for first lady Rosmah Mansor – or «kleptocracy at its worst,» as U.S. prosecutor Jeff Sessions called it in December.

The only place where the scandal has barely rippled is Malaysia itself, which might have noticed several billion missing from its public purse. Why? Malaysia quashed an auditor's report into the affair, and lawmakers were blocked in court recently from attempting to make its contents public.

Close Race

Nearly two years on from when the scandal first surfaced, Prime Minister Najib Razak is expected to call an election in coming months, which has put 1MDB back into the headlines. Najib enjoys wide popularity, in part because the Malaysian opposition is in such pitiful shape that is has been forced to enlist a former PM – Mahathir Mohamad. 

Mahathir is no silver bullet: at 92, he was forced to pledge to serve no longer than two years if elected, and he is hobbled with his own scandal over foreign exchange losses in the 1990s. Nevertheless, the sprightly former PM has managed to unite a fractured opposition along a common goal: ousting Najib. The PM has admitted lapses at 1MDB, but denied he was involved in any wrong-doing. 

poll conducted last month showed a surprisingly close race: 18 percent of voters want Mahathir, while 21 percent support Najib

The 100 billion dollar man says : One more time

Is the 2001, smash hit by French electronic duo Daft Punk.
For those, who think that the recent trashing of the stock markets globally is over.
Think again. A man managing more than US100 billion says, a crash will happen in the coming weeks one more time.
Bloomberg has the story. Read below:

If you were planning on putting your money back into stocks, you might want to hold on.

That’s the message from Nader Naeimi of AMP Capital Investors Ltd. who’s still hanging on to the bulk of his cash reserves for another possible selloff by March.

After an initial sharp selloff, equity markets typically have a brief recovery before another bout of sustained selling, said Naeimi, AMP’s head of dynamic markets who helps oversee about $120 billion at the firm. After moving some 30 percent of his assets to cash last year, Naeimi is waiting for that second round to occur before jumping back in.

“The plan is to buy in the second leg down, usually it’s best to wait for the markets to build a base before committing heavily back into the buy side,” Naeimi said in an interviewwith Bloomberg Television. “As we go to the Fed meeting March 9, I think there will be more potential volatility weakness.”

Saturday 10 February 2018

These Days

Is the massive hit from Rudimental. These days are indeed painful, as the slump in global stock markets, has been big enough to wipe out the combined GDP of the UK and Canada.

More than US$5.2 trillion worth of capitalisation has been wiped out.

The sad part is, these days are not going to go away soon. This is just the tip of the iceberg, as the market will soon fall into bear territory.

Time has the story, on how much has been lost thus far. Read below :
Major stock market indices may be back up Friday, but the recent correction didn’t come without its pain.

Between the market’s record high on Jan. 26 and when the Dow Jones Industrial Average and S&P 500 entered correction territory Thursday, global markets (as measured by the S&P Global BMI index) shed $5.2 trillion. That’s according to data from S&P Dow Jones Indices’ Howard Silverblatt. That amount exceeds the gross domestic production of the U.K. and Canada combined. In 2016, Canada’s GDP clocked in at $1.5 trillion, while the U.K.’s came in at $2.7 trillion.

Friday 9 February 2018

Dow Jones. Pray for me

Is the smash hit, that has jumped from nowhere into the top ten UK charts, just days after its release.

The song is by the Weekend and Kendrick Lamar. The US economy, might be just crying pray for me, in the hope that an un broken 100 history  is finally broken.

For the past 100 years, everytime a republican had been elected President, the US had fallen into a recession, in the second year of the presidency.

This is Donald Trump's second year in office. The Dow Jones has sounded the alarm, that come October 2018, the USA and with it, the rest of the world will be singing the recession song..

Click on the link : https://www.google.com/amp/amp.timeinc.net/time/money/5140978/a-100-year-curse-on-gop-presidents-might-explain-why-stocks-are-tumbling

To find out more, why pray for me is equity investors worst nightmare.

Tuesday 6 February 2018

4 Trillion . No Limit

Is a current top ten hit for g eazy & Cardi B in the USA.

Stocks globally has nose dived and lost some US$4 trillion. The scary part is there is no limit to the losses that will soon be coming.

Call it bad moon rising or the end of the innocence..CNBC money has the story. Read below :

World stock markets nosedived for a fourth day running on Tuesday, having seen $4 trillion wiped off from what just eight days ago had been record high values.

Europe's main markets started down as much as 3 percent and shares tumbled in Asia after a wild day for U.S. markets.

Two days of steep losses have erased the U.S. market's gains from the start of this year, ending a spate of record-setting calm for stocks.

The Dow Jones industrial average closed down 1,175 points on Monday, as the market bet on more interest rate hikes, the same day that a new Federal Reserve chairman was sworn in.

On Tuesday, Taiwan's main index lost 5.0 percent, its biggest since in 2011 and Hong Kong's Hang Seng Index dropped 4.2 percent. Japan's Nikkei dived 4.7 percent, its worst fall since November 2016, to four-month lows. Australia's benchmark S&P ASX 200 slid 3.4 percent, South Korea's Kospi declined 2.4 percent and the Shanghai Composite index was off 2.2 percent.

Friday 2 February 2018

Mark of the beast -666. Sick Boy

Is the latest hit single by one of my favourite bands, the chainsmokers.

The Dow Jones fell 666 points yesterday. Is this the mark of the beast?

Is the stock market , a sick boy?. Can we expect a dead cat , bounce next week and then a one day 1000 points drop in the same week?

Or will, the Dow Jones and global stock market, make a U turn to launch yet another bull run?

Nobody has the answers, yet. Next week is going to be an interesting one.

The Malaysian stock market is largely protected, because state funds have control of key index stocks here.

But, a global stock market crash, a strong Ringgit, against the US dollar is not going to help the real economy of Malaysia.

Exporters, who once enjoyed extra income when the Ringgit was trading at RM4.40, now can expect no such thing.

The Ringgit is RM3.89 against the dollar. Clearly, Bank Negara has miscalculated by going for a strong Ringgit policy.

And don't forget, a stock market crash is always the first signal that there is going to be a real economic crash in the coming months.

Today's 666 crash on the Dow jones, comes against the backdrop of a strong economy.  That's what most of  news are saying.

They are not wrong. As the data shows the economy is strong. But almost all these economy data, are either past data or very short term projected data.

Clearly, the big boys are cashing out, as they always do, ahead of a big economic slump.

The stock markets always crashes, when market realises that the real economy is a

SICK BOY

Najib Razak. End Game

Is the  fast rising hit single from Taylor Swift, featuring Ed Sheeran and Future. The single is taken from the album Reputation.

“Don’t slander or say that RM42 billion have disappeared…

“This is why I ordered one of the most comprehensive and detailed investigations in Malaysia’s corporate history, one that involved multiple lawful authorities, including a bipartisan parliamentary body. Their findings were taken on board – and CV the company’s board was dissolved, its management team changed, and its operations reviewed.”

This is what the Malaysian Insight reported today, on Najib's take on the RM42 billion 1MDB scandal.

Najib Razak's REPUTATION is on the line. Can he please explain why Jho Low is still a free man? Why *no one has been charged in Malaysia, for what took place in 1MDB?

If Najib Razak, does not want to be the end game, in the coming election, than give the public, what it wants.

Get Jho Low to Malaysia, charge him in court and make sure while the case is in court, Jho Low remains in prison.

Do that Mr Najib Razak, if you are indeed serious to have closure.

Can you, will you? No one deserves to be Prime Minister if they cannot bring a fat guy like Jho Low to a Malaysian court of law.

And that is the END GAME.