Being a banker is not an easy job, especially when you work in the sales department.
Yet,all the sales activities and decisions are taken based on the market conditions.
And market condition itself is influenced by the global market in general, which tends to be very dynamical and rapidly change. One thing leads to another things, speaking of which can impact overall condition within a country.
2 important issues which has been the trending topics for this year are the "Jokowi Effect" and "Janet Yellen Effect".
When Jokowi was appointed to be the presidential candidate from PDI-P, JCI was bullished 152 bps, 3.2% to around 4,870, and IDR was streghten to IDR 11,400, which creating the market euphoria in the country. This is called "The Jokowi Effect". I personally also enjoying this effect, since I also invested my money in the equities.
But too bad the euphoria only lasted for 5 days, just before finally going down again, as Janet Yellen statement that Federal Reserve was about to continue the tapering off for USD 50 Billion on the third quarter this year and increasing the interest rate at the end of 2015. This statement has made USD seems to be more favorable than IDR. And this is called the "Janet Yellen Effect".
Up until today, this Janet Yellen Effect still make the investors worry, besides the legistlative issues.
Yet,all the sales activities and decisions are taken based on the market conditions.
And market condition itself is influenced by the global market in general, which tends to be very dynamical and rapidly change. One thing leads to another things, speaking of which can impact overall condition within a country.
2 important issues which has been the trending topics for this year are the "Jokowi Effect" and "Janet Yellen Effect".
When Jokowi was appointed to be the presidential candidate from PDI-P, JCI was bullished 152 bps, 3.2% to around 4,870, and IDR was streghten to IDR 11,400, which creating the market euphoria in the country. This is called "The Jokowi Effect". I personally also enjoying this effect, since I also invested my money in the equities.
But too bad the euphoria only lasted for 5 days, just before finally going down again, as Janet Yellen statement that Federal Reserve was about to continue the tapering off for USD 50 Billion on the third quarter this year and increasing the interest rate at the end of 2015. This statement has made USD seems to be more favorable than IDR. And this is called the "Janet Yellen Effect".
Up until today, this Janet Yellen Effect still make the investors worry, besides the legistlative issues.
Nobody can guarantee the future of our country, as things are getting more complicated than before.
I, as a non-political person wishing things to be better so that eventually would be falling into the right places, so that my job as a banker will become much easier too. :)
That's it for today's sharing. I am now about to read a new book I just bought yesterday. It's "Blink" by Malcolm Gladwell. Gonna read it until am blinking and yawning.
Good night, everyone! :)
That's it for today's sharing. I am now about to read a new book I just bought yesterday. It's "Blink" by Malcolm Gladwell. Gonna read it until am blinking and yawning.
Good night, everyone! :)
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