I perceive it as good news, Mr. Dean, Smart cap. market investors will take this momentum to buy banking sector, say an example BBCA. This rate cut provides encouragement for banking and property products.
In US, cut rate will also trigger investors' confidence in buying money market products, like T-Bill, T-Bond, G Bond or SBI and SUN in INA. Smart business persons will double their power in sales target in both sectors because they believe it by and large increases consumers' spending. I look at JKSE though new high, still insecure. *Windowdressing* can be *'significant profit-taking moment'* seeing that bringing JKSE to 2800 is *COSTLY*. It is still quite possibly to occur. Love, Aimee
