Wednesday 12 October 2016

Equity players in 1MDB Malaysia: Be alert, prepared and forewarned ...


Equity players in 1MDB Malaysia: Be alert, prepared and forewarned ...

1Malaysia Development Berhad (1MDB) Malaysia’s Ringgit breached RM4.20 to the US$1 today (Oct 13, 2016).

This follows the 1MDB-linked alleged global money-laundering probe that has triggered the closure of two foreign banks in Singapore.

And Switzerland has gone on record as the first of some 10 countries conducting 1MDB-linked alleged multi-billion-dollar/ringgit money laundering investigations to institute criminal proceedings against the suspected thief/thieves of Malaysia’s Finance Ministry’s so called national sovereign fund.

This means all available incriminating documents will be exposed during the proper trial, thus revealing all involved or implicated in the world’s biggest ever money-laundering sting.

International news agency Reuters yesterday (Oct 12, 2016) reported Switzerland’s Office of the Attorney General (OAG) has opened criminal proceedings against Zurich-based Falcon Private Bank over its alleged failure to prevent suspected money laundering linked to 1MDB Malaysian state fund.


No News Is Bad News re-posts below a Finance Twitter report that was picked up by the Malaysian-banned online news portal Malaysia Chronicle for the reading benefit of visitors and regular readers:

"FINANCIAL ARMAGEDDON AT HAND – WILL MALAYSIA BE SLAUGHTERED? A 1987 BLACK MONDAY MARKET CRASH COULD HAPPEN IN DAYS
Business, Politics | October 13, 2016 by | 0 Comments



FILES - Picture taken 19 October 1987 shows a trader holding his head at the floor of the New York Stock Exchange when the Dow Jones dropped over 500 points, the largest decline in modern time, as panic selling swept Wall Street.

The 19 October 2007 marks the 20th anniversary of the so-called "Black Monday", when the Dow Jones Industrial Average stock barometer plunged a dramatic 22.61 percent to 1,738.41 points. AFP PHOTO MARIA BASTONE (Photo credit should read MARIA BASTONE/AFP/Getty Images)


After more than doubling from 1982 to 1986, the Black Monday on October 19, 1987 finally sent stock markets around the world crashed. On that fateful day, The Dow Jones Industrial Average (DJIA) fell approximately 508 points to 1,738.74 (22.61%). The terms “Black Monday” and “Black Tuesday” are also used on October 19 and October 20, 1929 – the Great Depression.

By the end of October 1987, stock markets in Hong Kong, Australia, Spain, United Kingdom, United States and Canada had fallen between 45.5%, to 22.5%. New Zealand’s stock market suffered 60% from its 1987 peak. The Black Monday decline remains – until today – the largest one-day percentage decline in the DJIA.

Now, do you understand why fund managers do not normally buy stocks on Friday, or at least do not buy as much as normal days, before the weekend kicks in? That’s because if another “Black Monday” happens, clients would lose their shirts before the opening bell. Of course, that’s particularly true if the world is in crisis, like what is happening in the Middle East and South China Sea now.

Saturday and Sunday could make a lot of difference. A war could start or a program trading could sell like mad. Or speculators such as George Soros could simply dump his portfolio in the market, creating panic selling. Fund managers could be working hand in glove with each others and even speculators to even suppress the already tumbling stock market.





The first lesson every trader and investor must learn, besides 30 investing tips and tricks never taught at school, is to never underestimate the force of selling. And technical analysts or chartists have been working really hard to predict the next crash. They would show you tons of charts about the next recession, depression or simply a major correction.

Hey, don’t blame them. As so-called technical analysts or specialists, they too are under pressure to prove to their boss and clients that they are indeed the experts. Part of their job functions is toraise alarm – regardless whether true or false – so that they won’t look like fools when the market really crashes for real.



One of the methods these experts use to predict the next stock market Armageddon is exploring patterns which resemble the 1987 Black Monday. Sure, history doesn’t repeat itself but it often rhymes. Therefore, based on the chart above, whispers are getting louder that we might be at the centre of a 1987 Black Monday crash anytime now.

Although 19 October doesn’t fall on Monday this year, analysts are still spooked by the 2016 chart since February, which eerily looks like the 1987 chart before the market crash. To make it more dramatic, technical analysts are seeing a “symmetrical triangle” on a number of time scales for S&P 500. If it breaks and moves downward, it could plunge like what happened in 1987.



Thanks to the coming 2016 Presidential Election, some analysts believe a market crash could be ruled out. Still, the fact remains that the U.S. economy is as rosy as Obama administration would like people to think. One glaring proof is the refusal of Federal Reserve Chair Janet Yellen to raise interest rate, although her boss President Obama tells all and sundry the U.S. economy is booming.

Here’s another simplest indicator that the U.S. economy is indeed very fragile. The interest rate is now at an insane low level – almost zero. Sadly, despite easy money, the American business owners and consumers do not feel the economic growth is booming as it should be. Millions of Americans are still struggling financially.



And there’re rumours that the U.S. may follow Japan and European countries such as Germany who offer negative interest rate. What this means is low interest rate is not working at all in pushing the world’s economic growth. What is needed to spark a major selloff is some large fund managers decide to take profit because the chart says the 1987 crash is coming.
– Finance Twitter
"

"IN FREEFALL, RINGGIT BREACHES 4.20: ‘YA ALLAH YA RAHMAN’ SAVE MALAYSIA FROM NAJIB & 1MDB
Business, Politics | October 13, 2016 by | 0 Comments


Ya Allah Ya Rahman Selamatkanlah Negara Kami

dari manusia bebal, bahalol, bangang, bengong, bodoh dan bongkak yang sedang menghancurkan negara ini serta umatnya.


A society that is so determined to destroy itself by destroying everything that can be of good for its success.

Instead they promote everything that is bad or less than good that will certainly destroy themselves.
– http://syedsoutsidethebox.blogspot.my/"

No comments:

Post a Comment