2017年10月20日星期五
 
專家論市
Martin Hennecke

Market turmoil inevitable
 
20/03/2017
 
How time flies, nearly a quarter of 2017 has gone. But in the past three months, the world has witnessed various changes, which absolutely make it difficult for us to breathe.

First, there were a series of disputes after Donald Trump became US president. Then, North Korean dictator Kim Jong Un's half-brother, Kim Jang Nam, was murdered, which triggered a diplomatic row between North Korea and Malaysia.

Then, the US-made THAAD anti- missile system was deployed in South Korea, which resulted in tensions between Seoul and China.

If you think problems such as the above have no impact on the financial markets, you're wrong big time. Do you really believe the regional financial markets will be safe if the geopolitical risks in the area are unstable?

Meanwhile, the US Federal Reserve "accidentally" this month started speeding up the pace of interest rate hikes.

Have you ever thought it might be another signal that we've underestimated Trump?

Perhaps you feel smug when the United States raised the trend-setting interest rate and boosted the market. But when you fall into the comfort zone, a crisis can also sneak up on you.

Whether it's the fourth quarter this year, or early next year, the financial markets are bound to find themselves in turmoil.

Andrew Wong Wai-hong is an independent commentator.

上一篇新聞 : Chipmaker takes aim at Apple
 

 

 
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