1) With every King, there always a change of guards:- China political arena today, has very little to do with communist ideology. It's is a career join by hundreds of thousand of some of the best brain in China every year. Without going into much details, as they try to climb, they will take side and form alliance, the stake is extremely high, whereby losers may lose their life. Hence the elected "King", truly the strongest in the country.
The changing of guards have nothing to do with corruption, merely with the new "King", come with a group of his own "guards". People he can depend on, to execute his instruction, protect his interests and his life. This typically come after 1st year, during this period, almost all activities will tend to slow down, inclusive business or economical activities. Presently China is in this phrase.
2) Stock Exchange:- About 80% of the market is retail, these investors are mostly gamblers. They are not interested to buy to hold for years, for appreciation and income. In western term, most are day traders, interested in instant gain. If anyone seriously interested to know more, just step into a broker's shop,the atmosphere is more like casino. Furthermore, those active in the market or trade once, not even 5% of China population. The stock market is not a true represent the economical condition of the country.
3) Corporate China:- China has learnt a lot from Singapore, whereby the country is run like a company. The only different, China is much much bigger. Therefore unlike most countries, they can truly implement long term plan and take advantage of world market situation.
Most western analysts, believe 2015, has been a bad year for China, I can tell you it is the best year for China. China has became one of key players in the world market. They had been paying high commodities and fuel pricing for decade, with little room for negotiation. For last 2 decades, Russia had been ignoring China, supplying Europe and Japan, basically isolating China. Most countries are unwilling to sell oil source and commodities mines to China. Present market environment, perfect for China, Russia begging on China door steps, plenty of other countries willing to share/sell their oil farms for China capital. At the present market, China is the only buyer, top management of PetroChina and SINOPAC had recently stated clearly their intend, this intend is fully supported and funded by China Inc.
OPEC, more accurately Saudi, has gone on a price war with Shale, without taking China into their equation, landscape of oil will be seriously change from 2016 onward. China will not only buy from other countries oil fields, but also have the biggest reserve of Shale oil in the world.
Likewise US and Europe had driven Russia to be dependent on China. Russia begging to supply oil to China, while China is getting a foot into Russia oil business. In addition, Russia has no option but align their military might with China.
China slowdown is planned, taking a step back so that they can control the upstream at a huge discount, so that they can soar higher and longer on their next flight.
4) The shrewdest people in the world :- Recently, I was amused when a presenter of Fox News belittle chinese as uneducated and China government has not idea what they are doing. FYI, China has the most graduates then any countries in he world, from universities in China and top universities from other countries in the world. Furthermore, those guys siting as leaders are survivors and winners in a extremely tough power game, whereby loser may lose their life. Strategic Study has been in placed and continuously enhanced in China for thousand of years. Their ability to plot and plan are second to none. Therefore take China lightly at your own peril.
EIA remind moody rating during CDOs era. This article remind me of investment bankers trying to cheat their clients during that era! Are you one of those shorting oil, rallying for support?
EIA remind moody rating during CDOs era. This article remind me of investment bankers trying to cheat their clients during that era! Are you one of those shorting oil, rallying for support?
How extreme the market can get? I believe is not the concern. How extreme can Obama get? I believe is the key question. I seriously doubt Obama and the administration have the interest of US and worldwide people at heart. Firstly, dealing half-heartedly with ISIS in Iraq, a country US destroyed, which US allies are confused. Secondly, Iran nuclear program, which US Middle East allies are losing faith in us. Thirdly, sanction on Russia, putting our Europe allies in a tough energy position, losing faith in US policy. Finally, now, China with regard to some islands and sending our force to antagonized them, keeping in mind that China hold the most of US debt. Obama is trying to start war with how many countries? How strong is our relationship with our allies now? Obama is trying to start war with 2 nuclear power?
I always believe in don't start something we cannot finish. Confrontation with China and Russia while Middle East is in a mess!? Seriously the worst President of United States.
Why fine the banks? Compare to those that robbed the world trillions in the CDOs era. They get to keep all the money, no legal action ever taken against them. It's like serial mass murders getting free while while kids stole some food get capital punishment.
At least here the banks are serving their clients interest. Compare to those investment bankers during the CDOs era, selling their client faulty products and took up position against them. The top management made billions, not only free but get every cents they cheated others. Their actions cause millions of people to lose their home, world recession, millions around the world lost their jobs and made all the banks they work for face bankruptcy. Cannot imagine, these people were/appointed as Authorities or President advisers. AIG as part of bill out, was forced to agreed not to take legal actions against the investment banks and all these devils. I guessed this is the best of America dream, robbed billions of dollars, screwed millions of life, not only walk free but US tax payers had to pick up the tap.
It is even more amazing, some of these devils become head and prof. of the best universities while others play key roles in the government, regulating the financial industry. The most disappointing is Obama, I thought he will make a different, with all his promises, nothing come about, worst he appointed them for the last eight years to make US worse..... FYI a French lady that head the IMF at least did a better job, she pushed to implement what was promised by Obama during his first election, she was successful as it is implemented across EC.
Take this is into consideration, it just seem perfect timing that we are having oil glut, just as when sanctions and war affecting most of the key producers, like Russia, Iran and Iraq. US shale came into play in such a big way. Do anyone see the picture?
I really believe Saudi and the rest of Middle East oil producers are the biggest suckers in this. Typically in view of the above, situation, oil price would sky rocket.
If US has so much oil, US can simply stop importing. Yet US remain as the world biggest importer. Why are our pump price kept going up? (Even China too) US had corner itself into a position with our handling of world affair, the only solution is to get Opec into a price war and have them pumping like there is no tomorrow. As it is the only, cheapest and most viable solution, as anyone in oil will know that once the infrastructures are in place for fossil fuel, cost is minimum. The rest of the sources in term of cost of producing is too high, slow and low quality (produced less fuel per barrel).
Oil Glut? If I am in the position of OPEC and Iran, stop pumping for 3-6 months. Can anyone imagine what will be the oil price? I estimate at least USD 250 to 280 per barrel. For all the failures of Obama, I believe the oil situation creat by US is simply brilliant, it help our allies in Europe, world getting supplied at a lower price, except China benefitted the most with Russia and Middle East.
Apple is truly a good company, however the price is way too high. I give 3 simple reasons not to buy now:-
1) Smartphone market is shrinking, not the number of users, but the price of the handsets. By 2017, handsets will be at USD100 to 200. These handsets already available, I bought Xiaomi at USD 100.
2) Competitors getting tougher, at the end, the choice will come down to price. The Xiaomi I bought, it work great on Andriod, two SIM cards can be placed in, so I can use US SIM card and any local SIM card when I travel oversea. Then I change my Apple for a Samsung, because Andriod platform allow me to do much more(Merely ego). This remind me of the 80s, the battle of Microsoft and Apple for PC platform. Everyone know who won...
3) Interest rate raise looming, the moment it kick in, market will go through "tamper tantrum", tech share price will be hit the hardest.
Nobody can tell the future, however be careful with your money by being observant of what is happening. Plus I tend to be careful about advise from those who has a habit of screwing their clients, remember the CDOs? Remember who was encouraging their clients to buy junks, then take position against them?
US present situation, someone brilliant idea that backfired. We ride the market the last five years, like roller coaster picking up height. Once the interest start raising, people in US will be in for a hard ride down.
1) Interest rate up, the hardest hit in this environment will be all the people working in the shale companies, as cost of funding up, if oil prices don't pick up, those job are gone.
2) Strong USD, US companies are hammered in term of their profit margin and losing any competitive advantage. Simply translate to potential more job lost.
3) People that are carrying housing loan, which is lot of people. Suddenly has less to spend, hence consumer spending that been gaining last few years, will be kicked hard. Real estate will suffer, more job will be lost in the building business.
4) Cheap imports will be preferred especially if the people has less in their pocket.
I really wonder, does anyone in the capital hill ever care about the majority of the US people. For those that have millions or billions, this ride will continue to be profitable. Bargain hurting of resource companies like XOM, CVS plus the banks, then just wait. There is always money to be made when market is moving, plus FX market, it is still highly profitable. If interest rate don't go up, the country will be in deeper shit. It is a situation damn if we do, damn if we don't.
Hey, it is okay, since the CDOs era, the things the government did, whichever side is the president.... We are in the New Age of Capital Imperialism, let just keep kicking the 90% of US population down further. Otherwise where will we get people eagerly kissing our ass and pretty young girls offering themselves. It also ensure that less of them get through Universities and ensure our young stay supreme. If this is the USA we are creating, God save us!
Of course, simply because USD at this level simply give the Japanese companies a strong competitive advantage over their US rivals. Furthermore, while individual earning in Japan remain almost the same in term of Yen. Cost of imported goods became expensive to average Japanese. Fair competition? It seem like a case that US is being played as a sucker!
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Shanghai Exchange Has 73 Tonnes Of Gold Withdrawn In 4th Largest Week In History
4 things investors should know about China:-
1) With every King, there always a change of guards:- China political arena today, has very little to do with communist ideology. It's is a career join by hundreds of thousand of some of the best brain in China every year. Without going into much details, as they try to climb, they will take side and form alliance, the stake is extremely high, whereby losers may lose their life. Hence the elected "King", truly the strongest in the country.
The changing of guards have nothing to do with corruption, merely with the new "King", come with a group of his own "guards". People he can depend on, to execute his instruction, protect his interests and his life. This typically come after 1st year, during this period, almost all activities will tend to slow down, inclusive business or economical activities. Presently China is in this phrase.
2) Stock Exchange:- About 80% of the market is retail, these investors are mostly gamblers. They are not interested to buy to hold for years, for appreciation and income. In western term, most are day traders, interested in instant gain. If anyone seriously interested to know more, just step into a broker's shop,the atmosphere is more like casino. Furthermore, those active in the market or trade once, not even 5% of China population. The stock market is not a true represent the economical condition of the country.
3) Corporate China:- China has learnt a lot from Singapore, whereby the country is run like a company. The only different, China is much much bigger. Therefore unlike most countries, they can truly implement long term plan and take advantage of world market situation.
Most western analysts, believe 2015, has been a bad year for China, I can tell you it is the best year for China. China has became one of key players in the world market. They had been paying high commodities and fuel pricing for decade, with little room for negotiation. For last 2 decades, Russia had been ignoring China, supplying Europe and Japan, basically isolating China. Most countries are unwilling to sell oil source and commodities mines to China. Present market environment, perfect for China, Russia begging on China door steps, plenty of other countries willing to share/sell their oil farms for China capital. At the present market, China is the only buyer, top management of PetroChina and SINOPAC had recently stated clearly their intend, this intend is fully supported and funded by China Inc.
OPEC, more accurately Saudi, has gone on a price war with Shale, without taking China into their equation, landscape of oil will be seriously change from 2016 onward. China will not only buy from other countries oil fields, but also have the biggest reserve of Shale oil in the world.
Likewise US and Europe had driven Russia to be dependent on China. Russia begging to supply oil to China, while China is getting a foot into Russia oil business. In addition, Russia has no option but align their military might with China.
China slowdown is planned, taking a step back so that they can control the upstream at a huge discount, so that they can soar higher and longer on their next flight.
4) The shrewdest people in the world :- Recently, I was amused when a presenter of Fox News belittle chinese as uneducated and China government has not idea what they are doing. FYI, China has the most graduates then any countries in he world, from universities in China and top universities from other countries in the world. Furthermore, those guys siting as leaders are survivors and winners in a extremely tough power game, whereby loser may lose their life. Strategic Study has been in placed and continuously enhanced in China for thousand of years. Their ability to plot and plan are second to none. Therefore take China lightly at your own peril.
Crude Slides After API Shows Another Inventory Build
EIA remind moody rating during CDOs era. This article remind me of investment bankers trying to cheat their clients during that era! Are you one of those shorting oil, rallying for support?
WTI Crude Pumps-And-Dumps As Increased Production Trumps Surprise Inventory Draw
EIA remind moody rating during CDOs era. This article remind me of investment bankers trying to cheat their clients during that era! Are you one of those shorting oil, rallying for support?
How Much More Extreme Can Markets Get?
How extreme the market can get? I believe is not the concern. How extreme can Obama get? I believe is the key question. I seriously doubt Obama and the administration have the interest of US and worldwide people at heart. Firstly, dealing half-heartedly with ISIS in Iraq, a country US destroyed, which US allies are confused. Secondly, Iran nuclear program, which US Middle East allies are losing faith in us. Thirdly, sanction on Russia, putting our Europe allies in a tough energy position, losing faith in US policy. Finally, now, China with regard to some islands and sending our force to antagonized them, keeping in mind that China hold the most of US debt. Obama is trying to start war with how many countries? How strong is our relationship with our allies now? Obama is trying to start war with 2 nuclear power?
I always believe in don't start something we cannot finish. Confrontation with China and Russia while Middle East is in a mess!? Seriously the worst President of United States.
Big Banks: Big Fines: Business As Usual
Why fine the banks? Compare to those that robbed the world trillions in the CDOs era. They get to keep all the money, no legal action ever taken against them. It's like serial mass murders getting free while while kids stole some food get capital punishment.
At least here the banks are serving their clients interest. Compare to those investment bankers during the CDOs era, selling their client faulty products and took up position against them. The top management made billions, not only free but get every cents they cheated others. Their actions cause millions of people to lose their home, world recession, millions around the world lost their jobs and made all the banks they work for face bankruptcy. Cannot imagine, these people were/appointed as Authorities or President advisers. AIG as part of bill out, was forced to agreed not to take legal actions against the investment banks and all these devils. I guessed this is the best of America dream, robbed billions of dollars, screwed millions of life, not only walk free but US tax payers had to pick up the tap.
It is even more amazing, some of these devils become head and prof. of the best universities while others play key roles in the government, regulating the financial industry. The most disappointing is Obama, I thought he will make a different, with all his promises, nothing come about, worst he appointed them for the last eight years to make US worse..... FYI a French lady that head the IMF at least did a better job, she pushed to implement what was promised by Obama during his first election, she was successful as it is implemented across EC.
Weekly Gasoline Price Update: Up Another Three Cents - May 27, 2015
Take this is into consideration, it just seem perfect timing that we are having oil glut, just as when sanctions and war affecting most of the key producers, like Russia, Iran and Iraq. US shale came into play in such a big way. Do anyone see the picture?
I really believe Saudi and the rest of Middle East oil producers are the biggest suckers in this. Typically in view of the above, situation, oil price would sky rocket.
If US has so much oil, US can simply stop importing. Yet US remain as the world biggest importer. Why are our pump price kept going up? (Even China too) US had corner itself into a position with our handling of world affair, the only solution is to get Opec into a price war and have them pumping like there is no tomorrow. As it is the only, cheapest and most viable solution, as anyone in oil will know that once the infrastructures are in place for fossil fuel, cost is minimum. The rest of the sources in term of cost of producing is too high, slow and low quality (produced less fuel per barrel).
Oil Glut? If I am in the position of OPEC and Iran, stop pumping for 3-6 months. Can anyone imagine what will be the oil price? I estimate at least USD 250 to 280 per barrel. For all the failures of Obama, I believe the oil situation creat by US is simply brilliant, it help our allies in Europe, world getting supplied at a lower price, except China benefitted the most with Russia and Middle East.
Analysts Speculate On Apple Inc’s Future In Music And Television
Apple is truly a good company, however the price is way too high. I give 3 simple reasons not to buy now:-
1) Smartphone market is shrinking, not the number of users, but the price of the handsets. By 2017, handsets will be at USD100 to 200. These handsets already available, I bought Xiaomi at USD 100.
2) Competitors getting tougher, at the end, the choice will come down to price. The Xiaomi I bought, it work great on Andriod, two SIM cards can be placed in, so I can use US SIM card and any local SIM card when I travel oversea. Then I change my Apple for a Samsung, because Andriod platform allow me to do much more(Merely ego). This remind me of the 80s, the battle of Microsoft and Apple for PC platform. Everyone know who won...
3) Interest rate raise looming, the moment it kick in, market will go through "tamper tantrum", tech share price will be hit the hardest.
Nobody can tell the future, however be careful with your money by being observant of what is happening. Plus I tend to be careful about advise from those who has a habit of screwing their clients, remember the CDOs? Remember who was encouraging their clients to buy junks, then take position against them?
Morality Tales And Capital Flows
US present situation, someone brilliant idea that backfired. We ride the market the last five years, like roller coaster picking up height. Once the interest start raising, people in US will be in for a hard ride down.
1) Interest rate up, the hardest hit in this environment will be all the people working in the shale companies, as cost of funding up, if oil prices don't pick up, those job are gone.
2) Strong USD, US companies are hammered in term of their profit margin and losing any competitive advantage. Simply translate to potential more job lost.
3) People that are carrying housing loan, which is lot of people. Suddenly has less to spend, hence consumer spending that been gaining last few years, will be kicked hard. Real estate will suffer, more job will be lost in the building business.
4) Cheap imports will be preferred especially if the people has less in their pocket.
I really wonder, does anyone in the capital hill ever care about the majority of the US people. For those that have millions or billions, this ride will continue to be profitable. Bargain hurting of resource companies like XOM, CVS plus the banks, then just wait. There is always money to be made when market is moving, plus FX market, it is still highly profitable. If interest rate don't go up, the country will be in deeper shit. It is a situation damn if we do, damn if we don't.
Hey, it is okay, since the CDOs era, the things the government did, whichever side is the president.... We are in the New Age of Capital Imperialism, let just keep kicking the 90% of US population down further. Otherwise where will we get people eagerly kissing our ass and pretty young girls offering themselves. It also ensure that less of them get through Universities and ensure our young stay supreme. If this is the USA we are creating, God save us!
Oil Prices Unmoved By Oil Rig Count Decline Of Just 1
Start courting the oil rigs again when the interest rate increase kick in...
Japan's April Exports Top Expectations
Of course, simply because USD at this level simply give the Japanese companies a strong competitive advantage over their US rivals. Furthermore, while individual earning in Japan remain almost the same in term of Yen. Cost of imported goods became expensive to average Japanese. Fair competition? It seem like a case that US is being played as a sucker!