Posted by Tobby > 2022-08-27 15:01 | Report Abuse

Anyway, US rate even rise further isn't that much to begin with! It's still okay after years of zero rate!
But the timing couldn't be more wrong! And you have tons of US experts telling us that interest rate is the best way to fight inflation! Yeah, i am not an expert, but isn't the root cause due to high oil price! And the fact that you guys instigate invasion in Ukraine that disrupt the food chain! Even knowing the risk that one day Russia may cut off supply of oil and gas, EU leaders thought it would be good idea to totally depend on Russia for such commodity!
Haix, talk about how inteligent leaders of US and EU turn out to be the dumbest of them all!

Posted by Tobby > 2022-08-27 15:02 | Report Abuse

Anyway, high interest rate will curb demand for property and cars in US! It also curb growth of businesses as they have to take high interest loan!
Whereas those listed ones can always get free money or even no interest capital, i mean, it's that what stock market are for, getting free money and scam investors!

Posted by Tobby > 2022-08-27 15:03 | Report Abuse

I dont' know how long US market will experience turbulence once again! Just when we thought the hike was over! Then walla! You have this Jackson Hole thingy who decide enough is not enough!

Posted by Tobby > 2022-08-27 15:04 | Report Abuse

Of course our Bank Negara will be forced to hike rate again or else our ringgit will weaken further!

Posted by Tobby > 2022-08-27 15:05 | Report Abuse

The good news is, our GDP especially our 2nd quarter GDP was a stunner! Our economy surprisingly outshine the rest of Asian, yeah, i am surprise, so unexpected!

Posted by Jokers2020 > 2022-08-27 16:24 | Report Abuse

US fed short the market before he announcement..Devil is them like US goverment

Posted by Tobby > 2022-08-27 17:34 | Report Abuse

Jokers! Yeah, Democrats are above the law! Always use insider information to make huge profit!

Posted by ahbah > 2022-08-28 15:11 | Report Abuse

JP warned us about coming pain. The coming pain will start tomorrow ?