The Year of the Boar was a record-breaking year for the local bourse with the KLComposite Index surging to an all-time high of 1,440.39 in early December. However,2007 also saw many investors burnt in two major pullbacks in February and August asBursa Malaysia was hit by external factors such as China's Black Tuesday and the USsubprime fiasco. What is in store for the stock market next year with the threat of aworsening US credit crunch?
StarBiz: Does the bull still have the energy to charge ahead next year given external uncertainties particularly rising defaults in the US subprime loans, rising global commodity and fuel prices resulting in inflationary pressure?
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