“Stock prices took a major plunge and I think overshot on the downside.”
“We expect further gains over the next couple of months in the wake of the plunge in gasoline prices. If we're right, the data will signal first quarter consumption growth of the order of 4 percent.”
“If we sell large quantities of U.S. treasuries, it would cause the price to plunge. We're not going to do that.”
“We are not going to plunge to $500 or $400. The market is going to stay within a price range of $540 and $650.”
“I think the dollar is still in a primary up-trend but the plunge it had certainly is an eye-opener and is an argument for the Fed to go ahead and tighten a little bit,”
“I don't think housing is shooting up anymore, but nor is it plunging,”
“We think fourth-quarter GDP figure will be very weak. Car sales plunged following the very aggressive rate tightening and fuel subsidy cuts.”
Chua Hak Bin
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