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Why US Threatens Countries Over Purchase Of Russia's S-400

S-400 seen in Crimea, Russia. © Alexey Malgavko / Sputnik  State-of-art S-400 anti-aircraft systems have been causing a stir recently, as countries seek to obtain them despite the US threatening sanctions for the purchase. What is causing Washington’s ire?The S-400 ‘Triumf’ is the most advanced Russian anti-aircraft system, designed to engage l...

MoF's Smart Moves

Here is another way of looking at how things are shifting in the disputes between Malaysia and China over the railway contracts awarded by the previous Government. CIMB came out with a view following the reviews by the Government over the weekend suggesting that some of the deals cannot be cancelled but reviewed. The whittled down contract value...

Good morning HomeSec!

Courtesy of Philstockworld That's right, it seems our President has ordered our Big Brothers at Homeland Security to "Compile a comprehensive list of hundreds of thousands of “journalists, editors, correspondents, social media influencers, bloggers etc.”, and collect any “information that could be relevant” about them." Not only that but they ha...

US Markets - Crisis, What Crisis?

I love the market's attention span – or lack thereof… No matter what happens, just a day later it's all forgotten and the dip buyers come in to buy things back to their highs.  We had this pattern back in 2006/7 and it was even a joke meme.  It's the kind of behavior that works – until it tragically does not.    This morning, we've pretty much r...

Fake News Via False Flag Attack

No attack, no victims, no chem weapons: Douma witnesses speak at OPCW briefing at The Hague (VIDEO) Published time: 26 Apr, 2018 16:21Edited time: 26 Apr, 2018 18:28  https://on.rt.com/9448 Click link to watch © Michael Kooren / ReutersWitnesses of the alleged chemical attack in Douma, including 11-year-old Hassan Diab and hospital staff, told r...

Mood And Risk Aversion

As forewarned yesterday, the uneasiness over the march of the 10Y USTs towards 3% psychological threshold.  US indices fell sharply last night. I attribute this to the news carried by Bloomberg yesterday morning. That was another example of how much sway Main Stream Media (MSM) have on the psyche of the stock market. Not all the time but it is ...

Technicals US Treasury and Election Headwinds on KLCI

Take note of the following market headwinds which I believe will suppress investors risk appetite. You would have noticed how weak the broader KLCI was yesterday.  Bloomberg's article this morning on rising US treasury yields is something 'new'.  It usually is a prelude to asset allocation moves and would have the net effect of dampening prices ...

A Pre-Election Flub

I didn't think much about this issue when it first cropped up last Thursday. The issue of UMNO's legality. If according to this person on BFM this morning, 19th April was THE last day for it to rectify and legalize itself in order for it to participate in the coming GE14, then the question arises if we will once again see the laws being bent bac...

Liars Liars Pants On Fire

Most of us know better than to trust politicians wholesale especially when it comes to geo-political narratives. Even then, I must admit that the events unfolding in 2018 have been a bit of an adrenalin rush in cheering on the good guys from the bad. From Salisbury to Syria, what an incredible start to the year.    

GE 14 HSBC's Primer

FY reading pleasure minus all the partisan emotions malaysian.elections_hsbc.1.pdf