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A lot of tech counters on KLSE are now dropping to, or even below, their lowest levels seen during the 2021–2022 tech downturn. Some major players like penta had already hit similar lows during the early stages of last year’s tariff tensions, but later rebounded quite strongly.
The other counters like Inari also at lowest since 2022. What Trump has done may cause the market to weaken further, but it could also create opportunities, if the timing is right hahaha
I’m not saying Covid like crash is likely but if the war dragged way too long and the oil price remained high, the inflation will be definitely goes crazy and FED may have no choice to increase the rate. Although the market moved on from Russia Ukraine war quite fast that time but for US Iran conflict it may take way longer, because of Mr President haha
I would rather keep cash for time being instead of buying stock that hit 5 years low or all time low.The worse is yet to come I’m afraid unless you are cash rich and do not have much expenses in your life haha. Won’t surprise me if the business out there to experience what we went through during covid MCO, imagine the share market during that time haha
In my opinion no stock is safe, after disposal of unpopular stock they will start selling those performing stock or stocks they got profit, which will come soon if no peace deal is made. But peace deal is unlikely anytime soon because Mr President is living in his own world haha. Bankers make the index futures looks nice always but in the end it drop further more in the next days haha
Why not, with current market sentiment being so bad and war may last longer than we expected because what trump said always denied by Iran. With this uncertainty and the pressure of cost of living I won’t be surprise investor will keep more cash by selling underperforming and unpopular stock in hand first.