KL Market

The Volcker Rule

by admin on Jan.31, 2010, under Malaysia Finance

Despite the mostly good corporate earnings, with many beating analysts’ estimates, couple with a surprising GDP perk up in 4Q2009, the markets had trouble turning around the bearish trend. Methinks it has a lot to do with the uncertainty with respect to the Volcker Rule. Although you will find pundits giving many other reasons for the current downtrend. The market got hints that Obama was mulling ……
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