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28-02-2020, 10:21 AM
(28-02-2020, 08:50 AM)karlmarx Wrote: With such a big correction, it looks like the hot money in Asia are going to move even faster out of the region. Some of the local stocks inflated by hot money in the previous year may start seeing larger sell-downs.Which local stocks have been inflated by hot money? I tot out local STI fare very badly for the past decade compared to dow even indonesia index. Even our local banks pe are lesser than USA ones despite giving out higher dividends. Interest rate is getting lower, there isnt much places for investors to put their money to earn higher rates.