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Message: <blockquote data-quote="E46Fanatic" data-source="post: 346876" data-attributes="member: 81">I think in general we are better off than Singapore or US, or Australia but things have been better in the past.  Due to less corporates spending esp. MNC, or manufacturing sectors here in Malaysia, and the prolonged public sector sit and wait spending attitude, its made the market more competitive with margins coming down.  However, we are seeing some interesting dynamics, where jobs are shifting out from the US and re-locating in India, Malaysia, China etc in view of the cost cutting measures.   Bad news is still US consumer market is not buying as much as before and it has impacted the manufacturing/electronics sector quite hard with mass layoffs here in Malaysia (NEC, WD, etc). As with all things, there are always opportunities... Stocks are reasonably low maybe not rock bottom but might be worth buying and keeping for a sunnier day.  At 2% or 2.5% FD rates, best to do this.  One day you'll be kicking yourself on why you didn't buy when no one was buying as always the case... <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite11" alt=":rolleyes:" title="Roll Eyes    :rolleyes:" loading="lazy" data-shortname=":rolleyes:" />  Oil and Gas, Palm Oil, (commodity prices are bound to rise again from its all time low) Financial stocks are bound to see a sunnier day over the next year or so, compared to the measly 2.5% return in a year or so.. quite a good option now.</blockquote>

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