Stathfin

@Stathfin

No financial advice. Sharing beyond money & life goals. Pure analysis, data, and humble opinions. Market analysis in Highlights.

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Joined May 2025

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Stathfin

@Stathfin

7 days ago

Is the JCI back, or is this rally just "rented"? Here is what the data says: _____________________________________________________ On Monday, 8 June 2026, USDIDR printed a record low: 18,190. The rupiah had never been weaker. The week before, Indonesian stocks had fallen at the fastest pace in the world. By the Friday that followed, the dollar was changing hands near 17,700 — a roughly 2.6% rupiah recovery in days. The JCI, meanwhile, ripped +7.57% in a single session on the 9th, the steepest one-day gain since the fall of Suharto. So the question every JCI investor should be asking isn't did the rupiah strengthen? It's who strengthened it, and will they stick around? ____________________________________________________ First, what USDIDR actually is USDIDR is the number of rupiah it takes to buy one US dollar. When the number goes up, the rupiah is weaker. When it goes down, the rupiah is stronger. Simple — but the direction of that number is arguably the single most important variable on your screen, because foreign investors think in dollars, not rupiah. A foreigner holding BBCA earns a return in two layers: the stock's move and the currency's move. If BBCA rises 5% but the rupiah falls 6%, they lost money. That's why a weak rupiah triggers foreign selling of Indonesian equities — and why USDIDR is effectively the control panel for the JCI. Watch the currency and you're watching the foreigner's appetite to be here at all. The 8–9 June episode is a textbook demonstration: rupiah at its weakest = stocks at their worst. Rupiah snaps back = stocks explode higher. They are two readings of the same instrument — foreign conviction. _____________________________________________________ So who bought the bottom? Three actors, in sequence. It's tempting to credit one hero. The truth is a relay race. We're trying to dissect the data on BI FX Auction during 3 June - 18 June, and here is what we found: 1) BI lit the match — with the policy rate, not the FX desk. With the rupiah at a record low, Bank Indonesia called a surprise, off-cycle meeting on 9 June and hiked 25bp to 5.50%. Markets expected a hold. The hike produced instant strengthening on the day — the rupiah firmed around 0.7%. This is the catalyst. But notice which lever it was: the benchmark rate, raising the carry on Indonesian assets — not a quiet spot intervention. 2) The world poured the fuel — and this part wasn't about Indonesia at all. The same week, Iran and Israel agreed to halt attacks. Oil collapsed, the US dollar index slid off a nine-week high, and every Asian market caught a massive risk-on bid. A +7.57% JCI day is not a story about a 25bp hike in Jakarta — it's a regional wave breaking on every emerging market at once. Much of the move was generic, external, and would have happened to Indonesia whether BI hiked or not. 3) Foreign portfolio flows did the actual buying, and the bond market gives them away. Here's the part most people miss. As USDIDR fell, the Indonesia 10Y yield also fell — from a ~7.5% early-June spike back toward ~6.97%. That co-movement is the signature of foreign buying of government bonds (SBN): to buy a rupiah bond, an offshore investor sells dollars and buys rupiah. That simultaneously (a) pushes USDIDR down, (b) pushes bond prices up / yields down. Currency rally + bond rally together = real inflow, not just a central bank defending a line. BI's own data flagged Q2 net portfolio inflows of around USD5.5bn, concentrated in SRBI and SBN — the aggressive hikes were explicitly engineered to pull that foreign money back. BI struck the match, the global truce poured the fuel, and foreign flows lit. Remove anyone, and the move is smaller. ____________________________________________________ What about BI's FX auctions? They're the plumbing, not the pump. Anyone watching BI's daily monetary operations saw something dramatic in the FX securities auctions (SVBI/SUVBI) across 3–18 June: The 11 Jun settlement (auctioned 9 June) absorbed 462m — by far the biggest in the window, right at the FX turning point. It's tempting to read this as BI defending the rupiah. It isn't, directly. SVBI/SUVBI are USD-in, USD-out instruments. Banks park dollars with BI and get dollars back. They don't convert USD into rupiah — so they don't move spot the way intervention does. What that 462m spike actually tells you is that onshore USD liquidity was abundant (banks had dollars to park) and BI was happy to mop it up while nudging the 1-month rate up step by step (3.592% → 3.602% → 3.612%) to keep those dollars onshore rather than fleeing abroad. Translation: the auctions are the defensive plumbing — they manage where dollars sit and how much yield they earn for staying. The spot reversal on 8–9 June was driven by the rate hike and the global tape. Don't confuse the supporting cast for the lead. The uncomfortable part: this strength is rented, not owned ____________________________________________________ Three things made the rupiah strong this week: a surprise hike, a Middle East truce, and a soft dollar. All three are reversible. And the cost of holding the line is mounting: forex reserves fell in May to their lowest level in nearly two years, a telltale sign of sustained intervention. The near-term calendar is loaded: 18 June — A triple header: the Fed's first decision under new chair Kevin Warsh, BI's scheduled meeting (which hiked again, to 5.75% — a cumulative 100bp since May), and MSCI's Global Market Accessibility Review. 23 June — MSCI's Annual Market Classification Review. This is the binary one for EM weight and potential constituent removals. Earlier estimates flagged up to ~USD1.7bn of possible outflow risk. 24 July — A US 18% tariff on Indonesian goods begins phasing in, pressuring an export surplus that has already narrowed. Street positioning clusters support around 17,500–17,800, with a real path back toward 18,200 if the Middle East reignites or MSCI disappoints. Key Takeaways for you: USDIDR is not a side metric — it's the leading read on whether foreigners want to own the JCI. The 8–9 June bottom wasn't one hero; it was a hike, a truce, and a wave of foreign bond buying, in that order. Watch three things from here: The 10Y yield and USDIDR together. When both fall, foreigners are buying — that's the bullish-for-JCI signal. When the rupiah weakens and yields rise, money leaves. The MSCI verdicts (18th and 23rd). A benign outcome plus a holding truce can grind USDIDR toward 17,500. A weight cut flips the flow. The July tariff. The one structural headwind no rate hike can fully offset. The rupiah didn't get strong because Indonesia suddenly got safer. It got strong because the carry got juicy and the world got brave on the same day. Know the difference — because the market will remind you of it the moment either changes.

Stathfin's tweet photo. Is the JCI back, or is this rally just "rented"?

Here is what the data says:
_____________________________________________________

On Monday, 8 June 2026, USDIDR printed a record low: 18,190. The rupiah had never been weaker. The week before, Indonesian stocks had fallen at the fastest pace in the world.

By the Friday that followed, the dollar was changing hands near 17,700 — a roughly 2.6% rupiah recovery in days. The JCI, meanwhile, ripped +7.57% in a single session on the 9th, the steepest one-day gain since the fall of Suharto.

So the question every JCI investor should be asking isn't did the rupiah strengthen?
It's who strengthened it, and will they stick around?
____________________________________________________
First, what USDIDR actually is

USDIDR is the number of rupiah it takes to buy one US dollar. When the number goes up, the rupiah is weaker. When it goes down, the rupiah is stronger. Simple — but the direction of that number is arguably the single most important variable on your screen, because foreign investors think in dollars, not rupiah.

A foreigner holding BBCA earns a return in two layers: the stock's move and the currency's move. If BBCA rises 5% but the rupiah falls 6%, they lost money. That's why a weak rupiah triggers foreign selling of Indonesian equities — and why USDIDR is effectively the control panel for the JCI. Watch the currency and you're watching the foreigner's appetite to be here at all.

The 8–9 June episode is a textbook demonstration: rupiah at its weakest = stocks at their worst. Rupiah snaps back = stocks explode higher.
They are two readings of the same instrument — foreign conviction.

_____________________________________________________
So who bought the bottom? Three actors, in sequence.

It's tempting to credit one hero. The truth is a relay race.

We're trying to dissect the data on BI FX Auction during 3 June - 18 June, and here is what we found:

1) BI lit the match — with the policy rate, not the FX desk.
With the rupiah at a record low, Bank Indonesia called a surprise, off-cycle meeting on 9 June and hiked 25bp to 5.50%. Markets expected a hold. The hike produced instant strengthening on the day — the rupiah firmed around 0.7%. This is the catalyst. But notice which lever it was: the benchmark rate, raising the carry on Indonesian assets — not a quiet spot intervention.

2) The world poured the fuel — and this part wasn't about Indonesia at all. The same week, Iran and Israel agreed to halt attacks. Oil collapsed, the US dollar index slid off a nine-week high, and every Asian market caught a massive risk-on bid. A +7.57% JCI day is not a story about a 25bp hike in Jakarta — it's a regional wave breaking on every emerging market at once. Much of the move was generic, external, and would have happened to Indonesia whether BI hiked or not.

3) Foreign portfolio flows did the actual buying, and the bond market gives them away. Here's the part most people miss. As USDIDR fell, the Indonesia 10Y yield also fell — from a ~7.5% early-June spike back toward ~6.97%. That co-movement is the signature of foreign buying of government bonds (SBN): to buy a rupiah bond, an offshore investor sells dollars and buys rupiah.

That simultaneously

(a) pushes USDIDR down, (b) pushes bond prices up / yields down.

Currency rally + bond rally together = real inflow, not just a central bank defending a line. BI's own data flagged Q2 net portfolio inflows of around USD5.5bn, concentrated in SRBI and SBN — the aggressive hikes were explicitly engineered to pull that foreign money back.

BI struck the match, the global truce poured the fuel, and foreign flows lit. Remove anyone, and the move is smaller.
____________________________________________________

What about BI's FX auctions? They're the plumbing, not the pump.

Anyone watching BI's daily monetary operations saw something dramatic in the FX securities auctions (SVBI/SUVBI) across 3–18 June:

The 11 Jun settlement (auctioned 9 June) absorbed 462m — by far the biggest in the window, right at the FX turning point. It's tempting to read this as BI defending the rupiah. It isn't, directly.

SVBI/SUVBI are USD-in, USD-out instruments. Banks park dollars with BI and get dollars back. They don't convert USD into rupiah — so they don't move spot the way intervention does. What that 462m spike actually tells you is that onshore USD liquidity was abundant (banks had dollars to park) and BI was happy to mop it up while nudging the 1-month rate up step by step (3.592% → 3.602% → 3.612%) to keep those dollars onshore rather than fleeing abroad.

Translation: the auctions are the defensive plumbing — they manage where dollars sit and how much yield they earn for staying. The spot reversal on 8–9 June was driven by the rate hike and the global tape. Don't confuse the supporting cast for the lead.

The uncomfortable part: this strength is rented, not owned
____________________________________________________

Three things made the rupiah strong this week:
a surprise hike, a Middle East truce, and a soft dollar.
All three are reversible. And the cost of holding the line is mounting: forex reserves fell in May to their lowest level in nearly two years, a telltale sign of sustained intervention.

The near-term calendar is loaded:

18 June — A triple header: the Fed's first decision under new chair Kevin Warsh, BI's scheduled meeting (which hiked again, to 5.75% — a cumulative 100bp since May), and MSCI's Global Market Accessibility Review.

23 June — MSCI's Annual Market Classification Review. This is the binary one for EM weight and potential constituent removals. Earlier estimates flagged up to ~USD1.7bn of possible outflow risk.

24 July — A US 18% tariff on Indonesian goods begins phasing in, pressuring an export surplus that has already narrowed.

Street positioning clusters support around 17,500–17,800, with a real path back toward 18,200 if the Middle East reignites or MSCI disappoints.

Key Takeaways for you:

USDIDR is not a side metric — it's the leading read on whether foreigners want to own the JCI. The 8–9 June bottom wasn't one hero; it was a hike, a truce, and a wave of foreign bond buying, in that order.

Watch three things from here:

The 10Y yield and USDIDR together.
When both fall, foreigners are buying — that's the bullish-for-JCI signal.

When the rupiah weakens and yields rise, money leaves.

The MSCI verdicts (18th and 23rd). A benign outcome plus a holding truce can grind USDIDR toward 17,500. A weight cut flips the flow.

The July tariff. The one structural headwind no rate hike can fully offset.

The rupiah didn't get strong because Indonesia suddenly got safer. It got strong because the carry got juicy and the world got brave on the same day.

Know the difference — because the market will remind you of it the moment either changes.

895

Stathfin

@Stathfin

3 minutes ago

Ini itu pertanda apa sih sebenarnya? #ANTM #PTBA #TINS

Hidup sebagai +62

@Hidupsebagai62

42 minutes ago

SARJANA TAMBANG LEWAT! AKMIL 1987–1988 KUASAI 3 RAKSASA BUMN TAMBANG INDONESIA !!! INI PROFIL LENGKAP KETIGANYA!! Satu fenomena yang tidak bisa diabaikan tengah terjadi di tubuh BUMN pertambangan Indonesia. Tiga perusahaan tambang terbesar milik negara PT Aneka Tambang (ANTM), PT Bukit Asam (PTBA), PT Timah (TINS) kini semuanya dipimpin oleh purnawirawan Tentara Nasional Indonesia. Bukan insinyur tambang, bukan ekonom, bukan bankir investasi. Tapi lulusan Akademi Militer angkatan 1987 dan 1988. Ini bukan kebetulan. Ini kebijakan. UNTUNG BUDIHARTO — DIRUT PT ANEKA TAMBANG (ANTM) Lulusan Akmil 1988 | Infanteri | Kopassus Untung Budiharto lahir di Tegal pada 26 April 1965 dan merupakan purnawirawan TNI Angkatan Darat dengan pangkat terakhir mayor jenderal, lulusan Akademi Militer 1988 dari kecabangan infanteri. Karier militernya bukan karier biasa. Setelah lulus Akmil, ia langsung bergabung dengan Komando Pasukan Khusus (Kopassus) — satuan elit TNI yang terkenal dengan seleksi paling keras di militer Indonesia. Dari sana, kariernya menanjak perlahan tapi pasti melewati berbagai jabatan strategis. Ia pernah menjabat sebagai Danyonif Linud 733/Masariku (2004), Dandim 1504/Ambon (2005), Kasrem 151/Binaiya (2007), Asrena Danjen Kopassus (2009), Danrem di Bangka Belitung, Waasops KSAD, Kasdam I/Bukit Barisan, Direktur Operasi Basarnas, Sekretaris Utama BNPT, hingga mengakhiri karier militer aktifnya sebagai Panglima Kodam Jaya. Pada Oktober 2025, Presiden Prabowo memberikan kenaikan pangkat kehormatan kepadanya dari mayor jenderal menjadi letnan jenderal kehormatan — kenaikan yang diberikan atas pengabdian luar biasa. Transisi ke BUMN diawali dengan menjabat sebagai Komisaris Utama Transjakarta sejak Juni 2023. Pada 15 Desember 2025, ia resmi ditunjuk sebagai Direktur Utama PT Aneka Tambang Tbk dalam RUPSLB. BAMBANG ISMAWAN — DIRUT PT BUKIT ASAM (PTBA) Lulusan Akmil 1988 | Infanteri | Kopassus | Kasum TNI Bambang Ismawan lahir pada 1 Agustus 1966 di Klaten, Jawa Tengah, dan merupakan lulusan Akademi Militer tahun 1988 dari kecabangan infanteri baret merah — Kopassus. Jika Untung mengakhiri karier di Kodam, Bambang mengakhirinya di level yang lebih tinggi lagi. Ia pernah menjabat Panglima Kodam XVI/Pattimura (Agustus–Desember 2021), Komandan Kodiklat TNI (Desember 2021–Januari 2023), dan jabatan terakhirnya adalah Kepala Staf Umum TNI periode 2023–2024. Ia masuk ke lingkungan PTBA pertama kali sebagai Komisaris Utama merangkap Komisaris Independen pada RUPST 12 Juni 2025. Lalu pada RUPST 11 Juni 2026, ia naik dari Komisaris Utama menjadi Direktur Utama, menggantikan Arsal Ismail. Kekayaannya berdasarkan LHKPN per 31 Desember 2025 mencapai Rp13,44 miliar tanpa utang, dengan aset utama berupa tanah dan bangunan di Jakarta Selatan senilai Rp6,9 miliar serta kas dan setara kas lebih dari Rp5,2 miliar. RESTU WIDIYANTORO — DIRUT PT TIMAH (TINS) Lulusan Akmil 1987 | Infanteri | Misi PBB | Lulusan King's College London Dari tiga nama di daftar ini, Restu Widiyantoro adalah yang paling berbeda. Ia lahir di Demak, Jawa Tengah pada 2 Mei 1970 dan merupakan lulusan Akademi Militer 1987 dari kecabangan infanteri. Yang membedakannya adalah jejak pendidikan internasionalnya yang sangat solid untuk ukuran perwira militer Indonesia. Ia menyelesaikan program Diploma S2 di King's College London pada 1997 dan meraih gelar Master of Defence dari Cranfield University. Pangkat terakhirnya adalah Kolonel lebih rendah dari kedua rekannya yang bintang dua dan bintang tiga. Ini sempat memicu kritik publik ketika pertama kali ditunjuk: ada yang mempertanyakan apakah seorang kolonel sudah cukup kompeten memimpin perusahaan BUMN sebesar PT Timah. TNI sendiri menegaskan melalui Kapuspen Brigjen Kristomei Sianturi bahwa Restu sudah lama pensiun dan penunjukannya sama sekali tidak terkait dengan institusi militer. Ia ditunjuk sebagai Direktur Utama PT Timah menggantikan Ahmad Dani Virsal melalui RUPSLB pada 2 Mei 2025.

Hidupsebagai62's tweet photo. SARJANA TAMBANG LEWAT!
AKMIL 1987–1988 KUASAI 3 RAKSASA BUMN TAMBANG INDONESIA !!!

INI PROFIL LENGKAP KETIGANYA!!

Satu fenomena yang tidak bisa diabaikan tengah terjadi di tubuh BUMN pertambangan Indonesia.
Tiga perusahaan tambang terbesar milik negara
PT Aneka Tambang (ANTM),
PT Bukit Asam (PTBA),
PT Timah (TINS)
kini semuanya dipimpin oleh purnawirawan Tentara Nasional Indonesia.

Bukan insinyur tambang, bukan ekonom, bukan bankir investasi.
Tapi lulusan Akademi Militer angkatan 1987 dan 1988. Ini bukan kebetulan. Ini kebijakan.

UNTUNG BUDIHARTO — DIRUT PT ANEKA TAMBANG (ANTM)
Lulusan Akmil 1988 | Infanteri | Kopassus

Untung Budiharto lahir di Tegal pada 26 April 1965 dan merupakan purnawirawan TNI Angkatan Darat dengan pangkat terakhir mayor jenderal, lulusan Akademi Militer 1988 dari kecabangan infanteri.

Karier militernya bukan karier biasa. Setelah lulus Akmil, ia langsung bergabung dengan Komando Pasukan Khusus (Kopassus) — satuan elit TNI yang terkenal dengan seleksi paling keras di militer Indonesia.
Dari sana, kariernya menanjak perlahan tapi pasti melewati berbagai jabatan strategis.

Ia pernah menjabat sebagai Danyonif Linud 733/Masariku (2004), Dandim 1504/Ambon (2005), Kasrem 151/Binaiya (2007), Asrena Danjen Kopassus (2009), Danrem di Bangka Belitung, Waasops KSAD, Kasdam I/Bukit Barisan, Direktur Operasi Basarnas, Sekretaris Utama BNPT, hingga mengakhiri karier militer aktifnya sebagai Panglima Kodam Jaya.

Pada Oktober 2025, Presiden Prabowo memberikan kenaikan pangkat kehormatan kepadanya dari mayor jenderal menjadi letnan jenderal kehormatan — kenaikan yang diberikan atas pengabdian luar biasa.

Transisi ke BUMN diawali dengan menjabat sebagai Komisaris Utama Transjakarta sejak Juni 2023. Pada 15 Desember 2025, ia resmi ditunjuk sebagai Direktur Utama PT Aneka Tambang Tbk dalam RUPSLB.

BAMBANG ISMAWAN — DIRUT PT BUKIT ASAM (PTBA)
Lulusan Akmil 1988 | Infanteri | Kopassus | Kasum TNI

Bambang Ismawan lahir pada 1 Agustus 1966 di Klaten, Jawa Tengah, dan merupakan lulusan Akademi Militer tahun 1988 dari kecabangan infanteri baret merah — Kopassus.

Jika Untung mengakhiri karier di Kodam, Bambang mengakhirinya di level yang lebih tinggi lagi. Ia pernah menjabat Panglima Kodam XVI/Pattimura (Agustus–Desember 2021), Komandan Kodiklat TNI (Desember 2021–Januari 2023), dan jabatan terakhirnya adalah Kepala Staf Umum TNI periode 2023–2024.

Ia masuk ke lingkungan PTBA pertama kali sebagai Komisaris Utama merangkap Komisaris Independen pada RUPST 12 Juni 2025. Lalu pada RUPST 11 Juni 2026, ia naik dari Komisaris Utama menjadi Direktur Utama, menggantikan Arsal Ismail.

Kekayaannya berdasarkan LHKPN per 31 Desember 2025 mencapai Rp13,44 miliar tanpa utang, dengan aset utama berupa tanah dan bangunan di Jakarta Selatan senilai Rp6,9 miliar serta kas dan setara kas lebih dari Rp5,2 miliar.

RESTU WIDIYANTORO — DIRUT PT TIMAH (TINS)
Lulusan Akmil 1987 | Infanteri | Misi PBB | Lulusan King's College London

Dari tiga nama di daftar ini, Restu Widiyantoro adalah yang paling berbeda. Ia lahir di Demak, Jawa Tengah pada 2 Mei 1970 dan merupakan lulusan Akademi Militer 1987 dari kecabangan infanteri.

Yang membedakannya adalah jejak pendidikan internasionalnya yang sangat solid untuk ukuran perwira militer Indonesia. Ia menyelesaikan program Diploma S2 di King's College London pada 1997 dan meraih gelar Master of Defence dari Cranfield University.

Pangkat terakhirnya adalah Kolonel lebih rendah dari kedua rekannya yang bintang dua dan bintang tiga. Ini sempat memicu kritik publik ketika pertama kali ditunjuk: ada yang mempertanyakan apakah seorang kolonel sudah cukup kompeten memimpin perusahaan BUMN sebesar PT Timah. TNI sendiri menegaskan melalui Kapuspen Brigjen Kristomei Sianturi bahwa Restu sudah lama pensiun dan penunjukannya sama sekali tidak terkait dengan institusi militer.

Ia ditunjuk sebagai Direktur Utama PT Timah menggantikan Ahmad Dani Virsal melalui RUPSLB pada 2 Mei 2025.

366

Stathfin

@Stathfin

11 minutes ago

@EthanLevins2 My best wishes to my Venezuelan brothers and sisters. Deep condolences from Asia Pacific.

Stathfin

@Stathfin

17 minutes ago

@bismillahyuk_ Ini kenapa saat kita kecil, mama, papa kita sering nasihati. "Hati-hati ya kalau ngomong karena..."

Stathfin

@Stathfin

29 minutes ago

Capek banget, aku mau pensiun jadi investor saham _____________________________________________________ Sebuah cerita nyata: Hari ini merah → tunggu. Besok masih merah → tunggu lagi. Lusa hijau tipis → "Wah mulai pulih nih." Besoknya hijau lagi → "Oke, beli deh!" Besoknya merah dalam → "Aduh, harusnya jangan beli, jual dulu lah." Merah: panik, takut banget. Hijau: langsung FOMO, gaspol beli. Besok? Merah lagi. Capek jiwa, bro and sis. Intinya: Jangan memperhatikan harga setiap naik turun kecil. Fokus ke big movement. Ketinggalan tren? It's okay. Nggak beli di bottom paling dalam atau jual di puncak tertinggi? Juga sangat okay. Di market kita tidak mencari benar salah; kita semua sama-sama mau cari uang. Hargai pendapat orang yang beda, yang bermanfaat dipelajari, diresapi, kemudian dieksekusi. Kalau kita sering ketrigger dengan pendapat orang yang beda. "Ah, kamu salah bilang bullish, ah, kamu salah bearish." Itu artinya kita masih sering pakai emosi. Ingat pepatah yang sangat bagus saat kita lagi bingung: “The biggest risk in the stock market is not losing money, but losing your mind.” #IHSG #BBCA

Stathfin

@Stathfin

about 1 hour ago

@CavalliPia @AJEnglish Only God knows my friend..

Stathfin

@Stathfin

about 1 hour ago

@Hidupsebagai62 Hmm... akutansi..

127

Stathfin

@Stathfin

about 2 hours ago

@Barchart I think this is the starting line of an unchartered territory. If things goes off we might see a huge volatility in risky assets.

217

Stathfin

@Stathfin

about 2 hours ago

@MYasfika Punya presiden branding kuat ya gini. Ngejar 18.888

Stathfin

@Stathfin

about 2 hours ago

@TradingDiary2 Let's see apakah technical rebound atau structural bullish Pak.

141

Stathfin

@Stathfin

about 2 hours ago

@SarjanaEksu Man of the match:

Stathfin

@Stathfin

about 4 hours ago

@elonmusk This is new for me. I just knew that 20 degree is the most efficient degree for human to operate.

Stathfin

@Stathfin

about 5 hours ago

@SarjanaEksu Local exit liquidy is back?

175

Stathfin

@Stathfin

about 5 hours ago

@ardisatriawan Mungkin maksudnya banyak yang hilang Tanpa kabar mas.

Stathfin

@Stathfin

about 5 hours ago

@RCDaydreams @TicTocTick Absolutely. Only the best take the money, most of us ended up a loser.

Stathfin

@Stathfin

about 5 hours ago

@doelsmiths Awas nanti ada yang demo.

Stathfin

@Stathfin

about 18 hours ago

#KoperasiMerahPutih Koperasi Desa Merah Putih di Lamongan. Mohon maaf.. Apa ini yang dulu digadang-gadang jadi pembunuh Alfamart dan Indomaret? Mau dilihat dari segi pemilihan lokasi, supply chain, sumber daya manusia, seharusnya semuanya kalah. Cuma satu sih yang Koperasi ini bisa menang. Kalau Alfamart dan Indomaret strategi ekspansi internasional. Kalau ini ekspansi interdimensional. #Alfamart #Indomaret

Stathfin

@Stathfin

about 5 hours ago

Kalau kita lihat risk appetite global market sekarang sedang risk off. Gold < 4k (-12% sebulan) Bitcoin < 60k (-20% sebulan) Silver < 60 (-26% sebulan) Dxy di atas 101 (+2.64%) 1Y SRBI >7.9% Arah rate cenderung naik ke depannya. This is hard, but this is a reality check. From the macro setup, liquidity are getting tighter. Saya tahu banyak persepsi IHSG akan rebound karena sudah terlalu murah or bahkan banyak yang nyangkut. But if it's happened, the chances they are technical rebound. Our model also shows a high chance of a base case sideways (5-10% deviation range), a mild chance of a negative correction (-12%+), a tail risk chance of a major crash (-24.6%.+), and a small chance of a bullish case (+18%+). Treat your money wisely 🙏

The Kobeissi Letter

@KobeissiLetter

about 17 hours ago

BREAKING: Spot gold prices officially fall below $4,000/oz for the first time since November 2025.

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Stathfin

@Stathfin

about 5 hours ago

@naiivememe They are surely surging back to Dollar as safety haven. The world are expecting a tighter liquidity and slower growth era.

118

Stathfin

@Stathfin

about 6 hours ago

@GeorgeGammon The sharp drop in 10-year yields alongside a surging dollar and gold trading sub-$4,000 is a classic flight-to-safety signal. Markets are pricing slower growth or liquidity stress, not an inflation scare (if it were inflation, yields and gold would usually move together).

804

Stathfin

@Stathfin

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