"No Nathan Rothchild could avoid a market black hole"

"No Nathan Rothchild could avoid a market black hole"

DEAD CAT BOUNCE, FOREIGN RELATION AND UNCERTAINTY AHEAD Friday's market recovery seemed to be a deadcat bounce. Its down near the opening this morning by 13 points. Though LGE pretended to not be concerned and Mahathir and Daim evaded the matter, they are not ignoring but taking actions. Petronas listing could only be a 'trick' to get Msian market back into the foreign fund radar. Sense it is moving out of the radar. Foreign investors were comfortable with the previous fiscal policy including contingent liabilities and PFI figure that are not govt debt. Both not on balance sheet but are reported. The macro numbers are good and its a natural figure without mega projects and endless new govt project initiatives which end up into long list of failures. Despite first year problem with GST, it was the govt with biggest people initiative ever since Tun Abdul Raxak. Even 1MDB had...

Full article: http://anotherbrickinwall.blogspot.com/2018/05/no-nathan-...

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