Moon Kil Woong is currently a VP at a SME. Previously he was a tech stock consultant, VP of Research at ING, and sell side Director at Crédit Agricole Indosuez. Moon Kil Woong has a Masters in Public Administration from SJSU.
He contributes to both TalkMarkets and Seeking Alpha. You ...
more Moon Kil Woong is currently a VP at a SME. Previously he was a tech stock consultant, VP of Research at ING, and sell side Director at Crédit Agricole Indosuez. Moon Kil Woong has a Masters in Public Administration from SJSU.
He contributes to both TalkMarkets and Seeking Alpha. You can see his articles on TalkMarkets
here, and on Seeking Alpha
here.
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Latest Comments
Microsoft Is Taking Aim At Amazon In The Voice Activated Personal Assistant Device Market
This will become a necessary function for search engines later. I'm not sure how much money it will make besides search related income. Certainly, it's not tradable news.
QE Has Overstayed Its Welcome
The worst distortion is on housing prices that is eating into disposable income, discouraging birth rates, making people move into smaller housing decreasing the need for consumption, and harming asset growth that fuels our economic future. I agree with the other negatives including low rates that kill retirees income, decrease income from savings which hurts credit scores, and encourages long term unsustainable debt. If interest rates moved back to normal ranges the US government would have a hard time financing its deficit, many corporations would have a hard time staying open, profitability would decline, and many consumers would be hopelessly underwater as housing defaults skyrocket and home prices get clobbered.
"Q1 Earnings Were Great, But..." - Goldman Pours Cold Water On The Strongest Quarter Since 2011
With the regression of oil prices, I agree that much of the sector's profit will be reversed this year. Sadly bankers keep throwing money at new oil infrastructure and drilling in a glut rather than letting those that can't survive sell out to those who can survive and saving themselves from even more horrific write offs later. It doesn't help that some banks also have stakes in oil reserves and oil commodities as well.
This is one good reason we need Glass-Stegall again.
Be Careful Not To Replicate These Expensive Mistakes Of The Newly Retired
The worst retirement mistake for most are 1) not putting enough in savings for medical expenses which is almost impossible for some 2) not doing all you can to stay healthy which is only realized too late and one that can't be avoided 3) not getting injuries and ailments that will make you instantly poor.
Retail Sector's Disappointing Earnings Results
In general this quarters results are decent although strong economic recovery is not the case. Rather it is more a continuation of the prior trend pointing up somewhat. It remains uncertain that even this slow improvement is sustainable as earnings gains are driven much more by improvements in operations and efficiency gains than solid revenue growth across the board.
Retail remains a worry, in that it often points to underlying weakness or strength. Disposable income is under threat as housing and medical costs trend above wage increases and more jobs.
Are You Done Looking For A Stock Market Top?
Rather than look at a top one should look for when the market looks to be deflating. This will occur after initial weakness which isn't apparent as of yet. One should be aware however that the economy isn't fully reflected in the market which continues to limp along and is why this market is hated. It is pumped up on Federal Reserve stimulus which has moved money from bonds to riskier assets.
Canada Retaliates, Threatens Multiple Trade War Actions Against The US
Making war with your friends is a great way to ruin your reputation and make it virtually impossible to get anything substantial done. The real problem is when protectionism leads down the road to global depression which it has the tendency to do.
The Short-Term
It is not the election as much as it's the fact that the Federal Reserve continues to play Santa Even though it's Fall. In the meantime, Washington faced with disgruntled people is looking to run even more massive deficits. All I can say is LOL, enjoy it while it lasts because winter always comes and at the rate things are going, Santa won't have any presents and Washington won't be able to even sustain what it is already giving away.
Stocks End Week Higher As Fed Leaves Rates Unchanged
Yawn that was not any big surprise. The Fed these days is comparable to a dying cat asked to catch a mouse. It is more likely going to be eaten by the mouse than catch it.
Berkshire Hathaway Leaks Lower After EPS Misses Lowest Estimate
Yawn, I have yet to figure out why people own this conglomerate and don't discount it like other conglomerates. After it's founder is gone it is not just a conglomerate, but I suspect it will get increasingly dysfunctional as time goes on. Don't expect the future to resemble the past in any way with this stock.