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
U.S. Manufacturing PMI Bounces To 9-Month Highs, ISM Drops
Rate hike in Q4 maybe.
Just How Safe Is Cisco's Dividend?
Cisco has been a dog for years. It's nice to see that they have made themselves appeal to the value investor. I bet all their vacant land in Silicon valley is a great asset for value investors.
What they really need to do though is work to advance technology and gain marketshare instead of slowly eroding away. The last interesting report they released was when they stated they still had plenty of fat to cut.
Barrick Gold Reports Q2 Earnings, Down 2.3% On Missed Revenue
It proves to you mining gold is a lot harder than printing paper money.
Fed Left Interest Rates Unchanged
Yawn the Fed left rates unchanged. 100% expected by savvy market followers keen to the Federal Reserve's constant lies.
Powerball is funny. What they need is a lottery where no one can win for 100 years. Apparently that will make even more people engage in stupidity.
Gold Jumps Most Since Brexit As 'Hawkish' Fed Sparks Dovish Bond Buying Spree
I think the rise in precious metals was more due to them not raising rates than their hawkish tones which tend to suppress gold and silver. Anyways, as we all know by now, their hawkishness turns to doves and free cake by the time they are ever called to execute on it. Another words they lie and deceive on purpose and constantly. The Federal Reserve isn't on your side. Quite the opposite.
Although the market expects one more rate rise this year, I'd even be skeptical of this. The Federal Reserve would probably be happy with a recession than to have to raise rates again and is more than capable of causing one.
The Ritual Of Summer
Agreed the dollar's strength is really only the weakness of other paper money. The rise in US inflation is showing that the ROW is going to feel not just the depreciation of their poorly managed money, but the inflation they have been begging for even if they can not afford it. That will stimulate hoarding which will make the surplus in oil a positive again, although how long such a surplus can last is debatable, and much of it will end up in the hands of those who have currencies that can pay for it.
This may not happen immediately, but the factors leading to currency depreciation and the lack of investment in growth will eventually pull things into balance at the cost of someone. The only way to reverse this is to discourage currency depreciation and stop discouraging capital investment in a time where capital investment continues to decline due to low growth and policies that encourage stock buybacks and dividends over capital investment. Horrific.
The 50 Altered States Of American Housing
Federal Reserve and Fannie and Freddie Mac have created a horror story by disrupting the free market and yet they blame the free market for the conundrum. Eventually, high value homes will face a similar disunity as their inefficient and overvalued natures break down. In the end everyone loses when the market is disrupted by the greed. Yes it is the greed of bureaucrats and banks including the Federal Reserve that created this mess that is only growing worse by the day.
This story is far from over as the young and middle class pay the price for misdeeds done in the name of prosperity for the well connected and sold to the public as lies upon lies.
The Dow Jones Industrial Average Today Rises Higher As Tech Stocks Surge
The tech rally is more of a recuperation although I expect things to turn down yet again as the tech slowdown gains momentum beyond silicon.
U.S. Stocks Plummeting But Oil Price Firm
Hmmm not a good time to be publishing this. Anyways, the reverse is happening currently. #Oil prices may firm up after worries about demand after the summer ends and worries about the middle east appear, yet again.
Reflections And Reader Comments On Free Trade: “China Doesn’t Play Fair!”
If you want runaway inflation end free trade. It will quickly end US economic dominance if not global leadership and dominance as well. How this is good for the US beats me.