Good morning mooers! Here are things you need to know about today's market: U.S. stock markets edged lower on Thursday due to President Trump's proposed 25% tariffs on foreign-made cars. The Malaysian stock market climbed yesterday, with the FBM KLCI index reaching a two-week high. Stocks to watch: SAPNRG, CRESNDO, etc. - Moomoo News MY Wall Street Summary $S&P 500 Index (.SPX.US)$5,693.31 (-0.33...
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Long holiday break couple with Tariff imposed on 2/4/25
Good morning mooers! Here are things you need to know about today's market: U.S. stocks fell sharply as Trump's auto tariff news rattled markets. Malaysian stocks rose slightly on Wednesday as regional markets awaited U.S. trade policy news. Stocks to watch: GAMUDA, LSH, etc. - Moomoo News MY Wall Street Summary $S&P 500 Index (.SPX.US)$5,712.20 (-1.12%) $Dow Jones Industrial Average (.DJI.US)$4,2454.79 (-0.31%) $Nasdaq Composite Index (.IXIC.US)$...
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Malaysia's economic growth is driven by deficits, and essentially, Malaysia has fallen into a debt crisis, with currency devaluation reducing the attractiveness of capital investment.
LionS MOO
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Except for Singapore, all countries globally are running a deficit. Therefore, your viewpoint is incorrect. A deficit will not lead to a debt crisis. Germany's announcement to expand the deficit instead boosted the Euro.
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LionS MOO
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Not all countries can do this; Argentina, Brazil, and Sri Lanka cannot, while Malaysia is very similar to them, relying on selling Shenzhen Agricultural Products Group and oil for survival.
LionS MOO
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In addition to rice dumplings, Malaysia is also a major exporter of Semiconductors, ranking 6th in the Global market. It is nowhere near the countries that have annual trade deficits and are unable to produce their own Autos.
104655702 : The big one is coming.