SIX REASONS WHY BURSA COMPOSITE INDEX WILL BREAK 2,000 BY END 2015
I received a lot of email every day, one of it, draw my attention and I think it's good to share with reader this one, below the content, enjoy reading: ***************************************************************** I am going to stick my neck out here and making a gutsy speculation that KLCI will break above 2,000 level, two years from now. Yes, seriously as early as December 2015. While that might sound crazy (KLCI is still struggling with 1800 this week), let me humbly justify with SIX undisputable reasons why Bursa will hit 2,000 magic numbers. REASON 1 : Subprime Crisis Is Over. Solid USA & European Economies. The USA economy is in its best performance since the depths of the financial recession in 2008. Bloomberg consensus expect USA to post solid economic growth of more than 3% through 2016 and 6% unemployment rate by end 2014, the best rate in five years. The worst is also over for Europe. Europe especially the PIGS (Portugal, Ireland, Greece and Spai