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The global market have rallied for the most 2nd quarter 2009.

We are now in the midst of reporting season for corporate earning of 2Q 2009. While market is going up, there will people still talking about the economy going bad. There is a gap is because there is a LAG.

The reason for the LAG is because the market will recover, therefore is the TIME TO BUY NOW! That's why the market is climbing. Why must buy now? Because all is cheap, lower valuation and because most people invest for their retirement, education and many more which are mostly long term.

Principle 1; Investment Pyramid (general), core investment, medium risk and high risk portfolio.

Arnold LIM, fund manager
Reports

U.S-market

Unemployment rate is a lagging indicator. Why? When they cut cost, the company will increase recovery.

House to sell inventory getting low.

Manufacturing recovering

US home prices may take time to recover

We are in early stage of recovery

Malaysia-market

Overweight on banks, properties, oil and & gas, construction & steel.

Target KLCI 1270 by mid 2010!!!

GDP recovery strong in asia.

China- disposable income increased, auto sales increased, factoring are stabilizing.
Counted as much 12% of global GDP. US is about 20% GDP.

In 10 year China will bigger than U.S!!

China car sales is bigger than US

Taiwan-market

Increasing between taiwan and china.
China is supporting tech market.

Indonesia-market

The best growth in asia this year.

Us dollar slides due to
A) increased debts
B) issued more bonds

Comment on US currency

US is still the international currency.

For ITO product! It is now fantastic as it give more value to the customer!


Hope the summary will help customer and wealth supremacy advisor with the latest updates.

Kham Hashim
Sent from my BlackBerry® wireless device via Vodafone-Celcom Mobile.