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
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?
