Slower demand, tighter credit and depressed stock market.  Property companies will be my last choice to buy for the moment.

First of all we do not think EU will collapse.

If you are a creditor of a debt. The debtor is at no position to return all debts yet with ultra low interest as a payback.  That’s is the situation of US debt. Yet USD is so strong for a potential readjustment of interest by FED which is no weight at all.

EU already has a problem long time ago as to US.  However the conceptual thinking of when crisis arises USD will become a safe heaven.  That is one most unjustified theory because the entire world modern economy is just within a 100 years of development.

If there is something to worry. We think US debt is a much bigger problem and FED could not deal with it with both fiscal and monetary policies are limited.

Stay invested as no one can time the market. Buy value assets but cut your debt ratio consistently.  The risk is always there and we just need to obtain return with a calculated risk. 

Sell-off is over done for US market and so do oil.  We long US market and a numbers of stocks inclusive Microsoft, Citi, BOA and Apple.  We also long oil as we always believe oil should be trading at USD 60 above.

Disadvantages of EU after BREXIT are advantages to UK.  It is always same piece of money from right to left pocket. 

However, timing is not helping for this outcome.  We may see prolonged slow down or potential a chain effect of sell off. 

Structurally, the impacts are minimal and balance.  Confidence level drive aggressive speculation to heavily shorting the markets. But we believe the market will calm real soon.

While the implications may not be good but we think BOE will come in to ensure the drop is minimal.  We long Pounds at 11.7% dropped, Nikkei at 9% dropped and we short Bitcoin gain at 9%.

Updated – we closed pounds and Nikkei positions with smart gains in the same day.

We bought at average at RM 0.790 1st day after its right issue entitlement date.  We do not understand the reason why there are selling but we are delighted to buy more at this level.

Indeed is a fact. Conventional ways of measuring a stocks above 20 to 30 PE is when you are in dominant position and can keep grow rate exponential.  We are a little aggressive but we still do not advocates PE 20 and above.

As we really do not have any clue which direction it will goes. Leading indicator shown to remain but we don’t take position when we are not sure.  If Brexit is on, we will join the short. If Brexit is off, we will wait as market already factored mostly.

Virtual currency is indeed more fluctuating than normal currency. In our view we just don’t understand the justification of its recent rally. Mainly due to Chinese investors and Brexit.

Ever since the extensive popularity of social media flooded in the last decade.  Somehow I feel that although we know each other well with instant update. However, distance between people has become never been away further before.

We use to sit down with friends and relatives for gathering. After work session with colleagues.  Travel real far to meet each others.  All these made possible with instant updates. But the actual people factor is not longer  available.

People are more individualistic never before.  From humble of everyone until today that everyone is something.  Everyone like to share with everyone with even their daily routines.

Then come with even much powerful computer games.  Much addictive for teenagers and even adults.  Everyone thought they are heros and living in a virtual reality.   Many people consider themselves are combat specialist or immortal.  That’s also given the strong relationships of shooting cases worldwide.

The rise of new communication channel and virtual reality are putting conventional people relationship and humble attitude at risk.   Possibly even start with less use of power bank to ensure we reduce the use of smart phone.  Go back to basis. Let’s have more hugs and kisses.  That’s what suppose we are as human.