China has cut bank reserve requirement for another 0.5%. This is significant as the second largest economy feel the impact.
In this case, properties prices that suppose to correct may resume upward trend in 3-6 months. So do KLCI 1600 will be on it’s way.
Not necessary a better performance but no choice that while world banks printing more money, even the one suppose to tighten let lose. More inflation to come.
Probably a good timing for Asean rebuilding bubbles. If it is correct, the run will be another 6-12 months and now is good timing to enter the market again.