World Central banks cutting rates – what’s next?

Australia cut rate to 0.5%, Malaysia cut 0.25% and Fed just cut 0.5%. Overall can confirm Covid-19 crisis will prolong. In this case, our strategy will shift to using cashflow reinvesting only 20% into the market. Continue cut debts and looking for long term bargain is important.

Whatever we consider to invest will be from mid to long term. We do not see any recovery anytime within 2020.