The world economy and Indonesia have shown recovery, but the market has not yet reacted positively to this improvement.

Head of Macroeconomics and Investment Strategy Director of PT Bahana TCW Investment Management, Budi Hikmat, said several factors slowed down investment assets from strengthening.

"The economic recovery in the United States is marked by several indicators, such as rising inflation, the Purchasing Managing Index (PMI) survey above the level of 50 (neutral figure), and adjustment of bond yield prices from 0.7 to 1.8. This has triggered market concerns about the potential to stop the stimulus from the Fed's central bank. Market remembered the taper tantrum incident in 2013. However, the current condition is different from last 2013, "said Budi Hikmat, in a press statement, Tuesday (20/4).

In 2013, the Fed Chairman Ben Bernanke announced that the Fed would reduce bond purchases at a certain time. He announced it after the US