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Mind of a hypercritical freak!
Mind of a hypercritical freak!
Economy not getting any better?

With the market slow down in Japan, as the buyers being sceptical to their buying power. With the political drama of Shinzo Abe.

With the weakening economic performance in United States, as the economy globalisation reaching the peak. With the pap-rally of US Presidential Campaign. With the subprime mortgage financial crisis. With the severe credit crunch threatening the solvency of a number of marginal private banks and other financial institutions.

With the forced re-evaluate risks that were taking and consumers lost the ability to finance further consumer spending causing increased volatility in the fixed income, equity, and derivative markets.

With the issues regarding to Malaysia had negligible direct exposure to the US subprime crisis but it was affected by the fallout from US and global financial markets. With market was defensive due to the outflow of foreign funds and the local market is not as volatile as Hong Kong, Korea and Taiwan.

Is Economy getting any better?


October 6, 2007 | 9:58 AM Comments  0 comments

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