Scion Turbocharged January 7, 2016 Share January 7, 2016 earlier this morning, China market plunges 7% and is suspended for the rest of today... second time already in this week all other markets are badly affected a very bad start to 2016 looks like the US interest rate hike and hard landing of China economy slowdown will create a global financial storm in 2016 retrenchments and pay freezes, zero bonuses are inevitable during recession the only good thing is.... COE may crash to 20+k or even lower ↡ Advertisement 1 Link to post Share on other sites More sharing options...
Wyfitms Twincharged January 7, 2016 Share January 7, 2016 very bad? u can be sure many bros in MCF are eagerly waiting to enter the markets.. all gleefully rubbing their hands LOL capital market still flooded with money 7 Link to post Share on other sites More sharing options...
Little_prince Supersonic January 7, 2016 Share January 7, 2016 earlier this morning, China market plunges 7% and is suspended for the rest of today... second time already in this week all other markets are badly affected a very bad start to 2016 looks like the US interest rate hike and hard landing of China economy slowdown will create a global financial storm in 2016 retrenchments and pay freezes, zero bonuses are inevitable during recession the only good thing is.... COE may crash to 20+k or even lower COE 20k? i doubt so. sg still a ton of rich people. 2 Link to post Share on other sites More sharing options...
Loki Supersonic January 7, 2016 Share January 7, 2016 the only good thing is.... COE may crash to 20+k or even lower I really, really hope so.... I want to renew my COE. 2 Link to post Share on other sites More sharing options...
Donut Supercharged January 7, 2016 Share January 7, 2016 garment will reduce the number of COEs. End result, COE will remain high. 4 Link to post Share on other sites More sharing options...
13177 Hypersonic January 7, 2016 Share January 7, 2016 COE 20k? i doubt so. sg still a ton of rich people. Agreed that sg full of rich people, don't see any recession at all as people still splurge in buying cars and house and many others expensive items like there is no tomorrow. Lol. 7 Link to post Share on other sites More sharing options...
Sunny Hypersonic January 7, 2016 Share January 7, 2016 Wyfitms, on 07 Jan 2016 - 11:23 AM, said: very bad? u can be sure many bros in MCF are eagerly waiting to enter the markets.. all gleefully rubbing their hands LOL capital market still flooded with money no doubt, outlook for 2016 will not be good some cuts & wounds here n there, sup sup water Still many people everywhere are cash rich 5 Link to post Share on other sites More sharing options...
Scion Turbocharged January 7, 2016 Author Share January 7, 2016 yah hope most of us are not over leverage in stocks and properties, or have too much debts cash is king... for now 3 Link to post Share on other sites More sharing options...
Thaiyotakamli Supersonic January 7, 2016 Share January 7, 2016 Mai spread fear le 2 Link to post Share on other sites More sharing options...
Wt_know Supersonic January 7, 2016 Share January 7, 2016 (edited) retracting back to jan 15 nia still above jan 14 Edited January 7, 2016 by Wt_know 2 Link to post Share on other sites More sharing options...
Icedbs Turbocharged January 7, 2016 Share January 7, 2016 Sg may be resilient because most are cash rich and could withstand it at individual level, , but we are still a very small economy compare to the rest of the world. If the foreign MNCs start taking defensive stances due to an impending recession at the bigger economies, it is a matter of time that jobs and economy here will be affected. 6 Link to post Share on other sites More sharing options...
Wyfitms Twincharged January 7, 2016 Share January 7, 2016 retracting back to jan 15 nia still above jan 14 very soon we will see chinese authorities intro a new law to force all household to invest 20% of income into the stock market and no selling for 5 years (like mOP) to support the stock market 2 Link to post Share on other sites More sharing options...
Limwsv 5th Gear January 7, 2016 Share January 7, 2016 Ya lor... Singapore one up China.. some goon in SBF wants Govt to invest all our hard earn CPF mony into stock market to support moribund market If so, I lobby for right to withdraw from CPF scheme. 5 Link to post Share on other sites More sharing options...
Blackyv Turbocharged January 7, 2016 Share January 7, 2016 mai spread fears... how can coe drop 9K be bad news..., at least not in singapore context..... 1 Link to post Share on other sites More sharing options...
Maxus-MIFA9 Supersonic January 7, 2016 Share January 7, 2016 Yes................. Recession Year ... Its started with CAT 'A' COE yesterday, down S$9000.- ... 4 Link to post Share on other sites More sharing options...
Neost 6th Gear January 7, 2016 Share January 7, 2016 COE 20k? i doubt so. sg still a ton of rich people. you talking about me.... 2 Link to post Share on other sites More sharing options...
Beehive3783 Turbocharged January 7, 2016 Share January 7, 2016 Those filthy rich, especially those who migrated here, will not hesitate to pay more to secure COE for their cars. These people are why COE is being priced out of the middle man's reach, most of whom need cars more than the filthy rich. I really, really hope so.... I want to renew my COE. 5 Link to post Share on other sites More sharing options...
Little_prince Supersonic January 7, 2016 Share January 7, 2016 Those filthy rich, especially those who migrated here, will not hesitate to pay more to secure COE for their cars. These people are why COE is being priced out of the middle man's reach, most of whom need cars more than the filthy rich. to the really really filthy rich multi millionaires. if they want to buy a car they will just buy. you think they will be deterred by just a difference in 20-30k for the COE? lol ↡ Advertisement 6 Link to post Share on other sites More sharing options...
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