Tuesday, 18 August 2015

Are you still speculating on property?


Where are we now? Probably somewhere at 2 to 4 o'clock

The prices of major asset classes have declined.


Stock market has come down

Price of local bonds have come down


Price of 10-year MGS


Gold price had started to decline much earlier


Crude oil, Brent, has started to plunge since end-2014


And RM is not spared, returning to 1998 financial crisis level

Prices of major asset classes have dropped. Prices of property stay elevated. Do you see 6 o'clock coming?