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Ada rumor menkeu sama petinggi BI pada mau mundur, masih rumor

I’m still bearish here. “Because right now, the market isn’t just fighting narratives. It’s fighting liquidity.” Still stands. Since Monday, the market has been unforgiving. Wednesday’s pump looked more like fake liquidity than real appetite, and the follow-through only made the dump worse. Not structurally anti-market, just cautious. Persistent outflows in conglo names are not signals to ignore. When the big/liquid names can’t absorb selling, the broader market usually gets even more fragile. There’s divergence. There’s a demand area. But don’t try too hard to time the bottom when the macro is still this fragile. To push the market back, you need more than oversold candles. You need real bids, real participation, and a strong enough narrative for risk appetite to return. Nearest rebound would be around the gap area 6050-6100. If that fails too, we might need to visit the demand area at 5700-5800.

looking back historically, most commodity export centralization models failed not because the idea was wrong, but because execution capacity was weak. in theory: - higher bargaining power - lower transfer pricing leakage - better FX retention - stronger fiscal capture sound good for the state? but in practice, commodity trading is an extremely relationship-, financing-, and logistics-driven business. once bureaucracy replaces market efficiency, spreads widen, execution slows, and private incentives deteriorate. china worked because state capacity was world-class. norway worked because governance was trusted. most others ended up with: - inefficiency - corruption/rent-seeking - capital flight - lower foreign confidence

Maaf gaes aku kalap... Langsung buka rekening USD & SGD pas dollar tembus 17.750an 🫣🫣🫣

looking back historically, most commodity export centralization models failed not because the idea was wrong, but because execution capacity was weak. in theory: - higher bargaining power - lower transfer pricing leakage - better FX retention - stronger fiscal capture sound good for the state? but in practice, commodity trading is an extremely relationship-, financing-, and logistics-driven business. once bureaucracy replaces market efficiency, spreads widen, execution slows, and private incentives deteriorate. china worked because state capacity was world-class. norway worked because governance was trusted. most others ended up with: - inefficiency - corruption/rent-seeking - capital flight - lower foreign confidence