Jul 13
2009
Kuala Lumpur Composite Index: Bearish Reversal in the making
Filed Under (Finance Help) by Admin on 13-07-2009
It has been a slightly bearish week for the Malaysian equity market as investors are worried about whether the current economic improvements are able to be sustained in the long run. The up-trend of most markets has currently come to a halt has investors are concerned that the equity market has gone far ahead of the economic fundamentals. Lack of buying interest pressured to market to fall last
The past decade saw the boom of the “power of leveraging” - a fancy name for debt. Until recently, most Americans put their purchases on their credit cards and personal savings fell to nearly zero. Credit was easy, and people used it to build wealth. Can building wealth with debt be a