Trump intends to propose a drastic cut in corporate tax to 15%. => this decision will attract more US fund currently parked outside US go back to US, and therefore US dollar will appreciate further....NOT depreciate!
When Trump approves a tax cut, he does it with the U.S. in mind. I believe the tax cut move aims to attract, if not repatriate, both local and foreign investors and entepreneurs to make America great again.
This will lead to strengthening of U.S dollar. Yet, a prospering business environment requires currency stability, and that the currency being too strong can weaken export as well. So there are measures employed to depreciate U.S. dollar so as to make it competitive and business-friendly in international context.
How about Malaysia? We're just a chess moving together with U.S. Dow Jones. I believe there will be more positive impacts to our Bursa if we first fix our nation's credibility and political stability. Then the funds will flow in.
China for sure. Already buying up Proton from Hicom. Alipay partnering with local e-commerce activities, so we can see funds flowing in, positively.
I really don't understand the author logic of mind. Try to give this Sorchai author benefit of doubt, but in the end, I would said author mind got holes, big holes, maybe suffering ego disillusionment. I tell myself throw it into rubbish bin whenever see stock Manny posts or comment. It is an insult to my logic of mind.
I really don't understand the author logic of mind. Try to give this Sorchai author benefit of doubt, but in the end, I would said author mind got holes, big holes, maybe suffering ego disillusionment. I tell myself throw it into rubbish bin whenever see stock Manny posts or comment. It is an insult to my logic of mind.
America cannot have a low tax regime simply because their government spending is off the charts and no way to curtain it...Trump is not even trying....Trump like Bush just wants to cut tax and spend spend spend.....got like that one before becoming Greece? or bankrupt just like Trump himself/.?
There is no doubt Trump will set in motion the biggest financial disaster the world has ever seen...I have no confidence that Congress or any force can reverse it.....But, before the bad comes in 5 to 10 years......your job is to make hay while the sun shines.
but only an idiot may think America can have low tax regime and Trump army and spend spend spend without paying a price..................... America already has a bloated war budget., and bloated government.
Its baloney, a kid's dream...a raider's dream, an idiot's dream.
America is certainly not Hong Kong or Singapore who has low government expenditures .
weak US$, strong China economy can only mean commodity prices will stay up, .........That is good for Malaysian finances and Bursa.....I do see a year long rally for the rest of 2017.....
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stockmanmy
6,977 posts
Posted by stockmanmy > 2017-04-25 16:25 | Report Abuse
Gold will fly....that means Bornoil