But... chances of another crash remain


High flying: With the Dow Jones Industrial Average and S&P 500 hitting new highs since Trump’s victory in the November 2016 elections, the value of the US stock market has now risen to nearly 150 above the nation’s GDP. – AP

IT’S almost taboo to talk about a potential looming crisis when things seem to be going so well and everyone is basking in optimism.

But if economic-cycle theorists are correct, we may already be entering the red zone as their historical analysis suggests that boom-and-bust cycle happens every seven to 10 years.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , GDP , economy

Next In Business News

Hock Soon Capital falls 7c below IPO on debut
Ringgit opens firmer on weaker US$, 4Q GDP optimism
FBM KLCI seen consolidating ahead of GDP release, CNY holiday
Trading ideas: Steel Hawk, Critical, GDB, Hextar Industries, Infraharta, MFM, MGB, Oriental, UEM Sunrise, Maxis, SKP
Steel Hawk unit secures PETRONAS deal
Dialog enters recovery year driven by midstream recurring income
Stunning 4Q finish for Malaysia
Topmix posts record quarterly revenue and earnings
SC appoints LC Wakaful Digital as first social exchange operator
One Credit debuts smart fintech system

Others Also Read