A Market Crash in the making

[Leepotism]

Stock market crash usually got peo suicide. They only know how to play bull but dunno how to play bear. Jialat must know how to play both markets or else don't even touch.

Yes , buy put option if market is going down.

 

[Loofydralb]

Gold appreciate! Indian gold hoggers huat ah!!!

Most are fakes.

 

[Sinkiesuk]

Retrenchment coming boh?

 

[ftan42]

leetrenchment in the making but usually keep in low profile

 

[Dr Christopher Cheok C S]

imagine ze fed cut 50bp 1 shot.

 

[red amoeba]

it’s brewing start w trump winning now perhaps marginally. He will then hand Ukraine to Putin and combined they will humtump Xi. He will further egg Israel to flatten Gaza.

 

[KingFook Sr]

A Market Crash in the making​

Buying opportunity again?

 

[k1976]

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Markets

China’s $6.5 Trillion Stock Rout Worsens Economic Peril for Xi​

• Chinese equities trail global ones for a fourth year running
• CSI 300 extends slide, nears lowest close since early 2019

By Abhishek Vishnoi and Winnie Hsu
September 10, 2024 at 10:21 AM GMT+8
Updated on
September 10, 2024 at 11:18 AM GMT+8
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A deepening selloff in Chinese stocks is exacerbating a crisis of confidence in the world’s second-largest economy, heaping pressure on policymakers to halt the downward spiral.

A benchmark of the nation’s onshore shares is approaching its lowest close since January 2019, one of many grim milestones that reflect the depth of the gloom in the $8 trillion market.

Down about 7% this year, the CSI 300 Index is staring at an unprecedented fourth annual drop, while an MSCI Inc. gauge of Chinese stocks is heading for its longest stretch of underperformance to global equities since the turn of the century.

 

[k1976]

Singapore’s top 50 richest see 10pc wealth surge to US$195b; Meta’s Eduardo Saverin retains prime spot on Forbes’ list with US$29b​

Malay Mail
Fri, 6 September 2024 at 4:37 pm GMT+83-min read

Malay Mail
SINGAPORE, Sept 6 — The combined fortune of Singapore’s 50 wealthiest individuals has surged by over 10 per cent to US$195 billion (RM844 billion) in 2024, up from US$177 billion the previous year.
Despite this significant rise, their collective wealth still falls short of the US$208 billion recorded in 2021, Forbes Asia said in a statement yesterday.
The latest Forbes list reveals that nearly two-thirds of the individuals featured saw their fortunes increase, buoyed by Singapore’s robust economic growth and a buoyant stock market.
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This positive shift is attributed to a series of factors according to Forbes, including the swearing-in of Prime Minister Lawrence Wong in May and a boost from the influx of visitors for sold-out concerts by pop star Taylor Swift and rock band Coldplay.
Eduardo Saverin, co-founder of Meta Platforms (formerly Facebook), retains his position as Singapore’s richest individual for the second consecutive year.
His net worth has soared to US$29 billion, marking a remarkable US$13 billion increase from 2023, thanks to Meta’s rising stock prices driven by substantial investments in artificial intelligence.
Holding on to second place are the Ng siblings, Robert and Philip, of Far East Organization, with a combined wealth of US$14.4 billion, despite a slight decrease from US$14.8 billion last year.

 

[Eisenhut]

Why still no crash? Only dip??

 

[winnipegjets]

Our CPF is safe ...guaranteed by the Sinkapore government. No worries. Let the crash come, we can smile, thanks to the PAP.

 

[k1976]

Why still no crash? Only dip??

All data is subjected to "normalisation" n "outlier exclusion"

 

[k1976]

Retrenchment coming boh?

Most likely not...no spare $$$
Very likely, companies still suddenly closed