Moon Kil Woong - Comments
Executive Officer at SME
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
Latest Comments
Move Over, Earnings, It’s Hedge Fund Season
9 years ago

90% of hedge funds and mutual funds should go under even without this downturn. The fact they exist proves the illogic of a vast majority of investors wooed by brokers who either don't know anything or corrupt and evil for getting their clients to invest in losers year in and year out.

In this article: DGX, LH, OZM, VRX, WMT
China Rebalancing In Reverse: Nonperforming Loans Jump 51% From 2014 As Lending Hits Record High
9 years ago

I think people across the world are unaware of how much loose, unrepayable credit is currently floating in the world and it's not just China, but Europe and the US. Zirpish rates and bad central banks that engage in QE and zirp don't help their economies, they summarily destroy their economy's long term growth potential for the cheap short term stimulus they get. Not that they care. It serves them and leaves their country left to deal with their self-destructive "innovations". Japan, who'd though the US central bank would like your decades of lost generations so much they'd copy you all the way down to the end (negative interest rates).

I have two questions? How do you escape negative interest rates? Like a black hole it's almost impossible to raise rates after zirp which is becoming quite evident currently. It is virtually impossible to reverse QE (the Fed only talks about potentially stopping it which is what we're feeling now) because it would cripple your economy. Which leads me to negative rates. Negative rate cancellation would have even greater negative effects to try to curtail or cancel. Which leads me to the next question. What comes after negative rates to stimulate the economy? I'll tell you. The obliteration of capitalism and the free market and everyone knows it.

Is There More Pain Ahead For Netflix?
9 years ago

I don't think the weakness is unique to Netflix or says anything about its long term plans or viability. I think the whole market is dealing with issues of no growth, weak international business, currency fluctuations, and the risk of low interest rates running for way to long creating a collapse in massive piles of junk debt. This is amplified to increasing signs that growth stocks across the board are justifiably about to get hit due to high valuations backed by lack of real growth. Combined with International exposure I'd stay away from all high yield growth stocks, especially ones with increasing International exposure.

Also watch for Apple like accounting of International earnings, reserves, etc. which is based on theoretical nothingness and is merely designed to hide the effects of reality. The non standards accounting loopholes that are allowed these days is astounding and shows just how little regulators care about investors.

In this article: NFLX
Japan Is Our Future
9 years ago

Central planned economies run by the government or by the central bank always have terrible side effects usually realized way in the future because those in power always grasp for what gives short term benefit at the cost of long term difficulties. You can easily see what happens if allowed to run for very long. Zirp and QE is exactly this type of a solution and the Fed knows there is no way out but massive pain. Negative rates is essentially an act played out by bankrupt zirp and QE policies and Japan is the prime example once again.

We already know what following Japan does to your economy. We are now facing it first hand despite warnings because the central bank realizes it gives them power and enriches themselves (bankers) at the cost of everyone else, especially senior citizens, the working class, and those with wealth who want to keep it long term.

Devalue Or Die; Negative Interest Rate Wars Have Begun
9 years ago

Sadly, it doesn't take the US to go negative to unleash the demented nature of negative rates as we will find out in the global economy. Negative rates is a war against capitalism itself and Japan and the EU are more than happy to use it because they have failed their economies and people so much diverging from capitalism they pretty much have no choice but to steal from their own people using negative rates and imprison their population in debt you can never get out of because now you can never earn enough through the accumulation of capital. Work til you die is the motto of negative rates if you can even find work.

If Zero Rates Fixed What's Broken, We'd Be In Paradise
9 years ago

Worse yet, it leaves the whole economy less to no avenues to help with major downturns and distorts a real market based economy. Banks able to access increasing debt without a care at zirp are the only ones who make out on zirp because they can lend and if it fails borrow more without any risk whatsoever until they own more and more of what should be owned by the general populace who can't get zirp rates.

The Dow Jones Industrial Average Down Today After Japan Market Crash
9 years ago

Japan should be down after instituting negative rates. For one thing no one should want to leave any money in the banks except long term funds at higher rates than negative. For another thing that leaves Japan who has already pushed QE to the limit with 0% doors out as the would slides towards a global downturn. Dumb move followed by decades of dumb moves.

In this article: DIA
Race To Bottom Enters Final Lap: ECB Will Cut To -0.7% In June, JPM Predicts
9 years ago

If the Federal Reserve cuts to negative rates it should have to be approved by Congress as a tax and all windfall from the gains should go to the Treasury not the Federal Reserve. Otherwise it incentivizes even higher negative rates as a tax to enrich the Federal Reserve and the banks that enforce the tax on capital, marking this Fed's endless war on capitalism and its willingness to embrace a planned economy system that it controls as it feeds its friends corruption in the form of free liquidity as the rest of the population goes broke with no way out.

In such a system savers become losers and the baby boomers that fought fascism and Communism get the corruption of fascism coupled with Communism socialism at the end of their life as they go broke to such tyranny. How wrong is that?

What Defines Life
9 years ago

LOL maybe people are becoming aware Linked in is not really much more than a online hiring business not a social media data warehouse on people's lives that its users' information can be mined and sold like gold. There are more and more online hiring sites given how dumb the investing public is in supporting these brick and mortar phony Internet businesses.

In this article: LNKD
Great Graphic: Dollar May Be Less Important For Fed
9 years ago

The dollars recent fall off will make Fed loosening harder to do and is a clear sign of what will happen if it runs to zirp again. For the Fed to loosen, it would need a strong dollar as a argument for loosening and as a counter to yet another liquidity dump. In the meantime the Fed wants to dump because TBTF banks and other financial dependent on frictioness liquidity they can then charge the public an arm and a leg for are looking a bit shaky without it.

1901 to 1910 of 2369 comments
<<< 1 ... 189 190 191 192 193 ... 237 >>>