Market Pulse: Threat Behind the Euphoria

November 6, 2017

The stock market is awash with euphoria. The composite index keeps climbing, setting record after record. But investors should not bask in the sentiment, instead they should recalculate and expand investment horizons to a slightly longer time frame. There are many reasons why this more prudent approach is needed.

Firstly, the jump in stock prices in Jakarta is not entirely due to a significant improvement in fundamentals. Economic growth still hov

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