Contributor
Konten
Empathy to Brace the Inflation Storm
The Indonesian government, corporations, and consumers must be ready to face a global inflation storm that is starting to happen and intensify.
Market Pulse Edisi : Monday, 11 April 2022
A Stubborn Folly against the Market
Inflation, a global phenomenon now, is inescapable. But, there are various policy options to mitigate its effects, not to fight it head-on by forcing lower prices.
Market Pulse Edisi : Monday, 4 April 2022
The Hypocritical Politics of Fuel Subsidies
Once upon a time on 2015, President Joko Widodo stopped fuel subsidies. Instead of spending money that favors private car owners, the government would rather used it for more urgent needs. Many people gave two thumbs up and applauded this policy.
Market Pulse Edisi : Monday, 28 March 2022
A Long Rally Brings Heavy Burden
The rise in the Fed’s interest rates will sooner or later creep into domestic interest rates. Bank Indonesia must rewrite its scenario.
Market Pulse Edisi : Monday, 21 March 2022
Brace, Huge Challenges Ahead
World oil prices soar due to the Russia-Ukraine war. What are its impacts on Indonesia?
Market Pulse Edisi : Monday, 14 March 2022
The Boons of War against the Threat of Interest Hike
The Russia-Ukraine war raises the prices of Indonesia’s export commodities. Financial markets are still under threat.
Market Pulse Edisi : Monday, 7 March 2022
The (Economic) World War Has Broken
The consequences of the Russia-Ukraine conflict are dire, not just for the financial market but also for the global economy which is still in tatters and recovering.
Market Pulse Edisi : Monday, 28 February 2022
A Different Tantrum
This coming market tantrum is indeed different from the previous one. But, there is no certainty, how severe or how light its effect is.
Market Pulse Edisi : Monday, 21 February 2022
Reckless and Imprudent when the Risks Increasing
The government is taking on policies that are very far removed from rational economic consideration. As a matter of fact, its decisions have a negative impact on growth. What are those?
Market Pulse Edisi : Monday, 14 February 2022
An Inevitable Rise in Interest
High inflation occurs everywhere. Consumers are the bearers of the heaviest burden.
Market Pulse Edisi : Monday, 7 February 2022
Dear Leaders, Heed This Advice!
One of the key points of the IMF team recommendation: Bank Indonesia to exit from monetary budget financing before the end of 2022.
Market Pulse Edisi : Monday, 31 January 2022
When Cheap and Easy Money Comes to an End
Inflation in the United States hits the highest record in the last 40 years. It is a big risk for Indonesia
Market Pulse Edisi : Monday, 17 January 2022
Costly Show of Force on Coal Policy
The government bans coal export for the whole month of January after coal miners fail to fulfill their DMO to supply coal for PLN. This show of force is clearly not the right way to solve the coal crisis.
Market Pulse Edisi : Monday, 10 January 2022
The Year of Fighting Inflation
Getting into 2022, the fight against inflation will be an important narrative that determines the movement of the global market.
Market Pulse Edisi : Monday, 3 January 2022
Still Burdened by Debt Monetization
Experience from 2013 has shown that when the Fed reduces liquidity injections and raises interest rates, the resulting wave of capital reallocations can hurt the financial markets of emerging economies, including Indonesia.
Market Pulse Edisi : Monday, 27 December 2021
A Certainty in the Chaos
The fear of tapering and higher interest rates after the Fed Chair Jay Powell's testimony to the Senate caused global stock prices to fall rapidly, including in Indonesia.
Market Pulse Edisi : Monday, 13 December 2021
Rupiah’s Heavy Burdens Next Year
The tightening of the US dollar liquidity in the global market which is immediately followed up by a rise in interest rates will create a great shock to the market. Emerging economies like Indonesia will face high pressures.
Market Pulse Edisi : Monday, 6 December 2021
Difficult Time for Replacing Dangerous Man
That negative sentiment of political push and pull and the choice of monetary policy in the US will spread to the Indonesian market.
Market Pulse Edisi : Monday, 22 November 2021
The Lucky Ones in the Time of Turmoil
But just because the market remained calm, even in Indonesia, it does not mean the storm has passed. The Fed’s policy change for liquidity is certain to have effects on the composition of foreign-owned portfolio investment funds in Indonesia.
Market Pulse Edisi : Monday, 8 November 2021
Most Hated and More Expensive Culprit
World leaders started the Conference of Climate Change in Glasgow this Sunday in the middle of rising energy prices. A test of decarbonization commitment.
Market Pulse Edisi : Monday, 1 November 2021
The Positive Effects Are yet to Come
There some good news about Indonesia’s economy because of the jump in various commodity prices in the global market. But their real effects are yet to come.
Market Pulse Edisi : Monday, 25 October 2021
A Frightful Reminiscence of Stagflation
Bad memories from the 1970s are resurfacing. Then, the world economy fell into the chasm of stagflation: a decline in growth accompanied by high inflation. The current situation looks similar.
Market Pulse Edisi : Monday, 18 October 2021
The Good and the Ugly of an Energy Crisis
Coal, despite its huge contribution to global warming, is once again becoming a prima donna.
Market Pulse Edisi : Monday, 4 October 2021
Double Blows from the US and China
Investors are potentially facing double problems soon, which come from the United States and China. Be ready.
Market Pulse Edisi : Monday, 27 September 2021
IMF Ammunition is not Enough Protection
The key question is: would the additional ammunition from the IMF be enough to keep Indonesia’s financial market safe when the tapering shock arrives?
Market Pulse Edisi : Monday, 13 September 2021
A Comfortable Debt Trap for Banks
So even as the economy falls into ruin because of the pandemic, banks are still raking in profits. Meanwhile, the government is straining under its weight.
Market Pulse Edisi : Monday, 6 September 2021
Calculating the Risk of a Tantrum
When the global market is in a rout, Indonesia’s Achilles heel lies in its government bonds market. The hardest shocks potentially start here. Foreign investor’s move to sell their Indonesian government bonds—“flight to safety” move—is the trigger.
Market Pulse Edisi : Monday, 30 August 2021
Discipline to Keep the Bond Market Save
The resolution of the government to put the brakes on 2022’s budget deficit brings relief to the market.
Market Pulse Edisi : Monday, 23 August 2021
Procrastination to a Perfect Storm
The government proposes the relaxation policy for resolving non-performing loans being extended until 2023. A ticking time bomb in the financial industry.
Market Pulse Edisi : Monday, 16 August 2021
A Tale of Two Outbreaks
There is no point in chasing economic growth by prioritizing prestigious projects when ultimately, the economy cannot move because it does not have enough vaccine coverage.