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
Framework Of A Compromise Begins To Take Shape
What Greece doesn't get is forcing Greece to change is good for Greece in the long run. It can't afford to run its deficit nor can its economy survive with a majority of its population getting government support or employed by the government. It's system is a bunch of leeches sucking the few people who actually create value dry. This is not an economy, its a socialist bottom feeder fest. Pretty soon they'll start taxing lunches to pay for elected officials food.
U.S. Dollar Forming A Bubble
The only reason that stops the US dollar from rising is our central bank and government which dumps liquidity to their constituents at the cost to those actually holding capital. Of course they play this off as screwing China, but in reality Americans hold the most US capital and it's its citizens they are screwing more than anyone else.
The other argument is a soft dollar is good for exports. Although this may be true, it is bad for imports which we do much more of than exports. It is also meaningless when so many countries we trade with peg to the dollar or simply duplicate our easing methods. Even Europe now is playing the QE game. The reason the dollar looks so good now is not the fast economic growth here. It is because countries have realized the US can't easily ease as much as others since it has already floored interest rates, engaged in QE to the point of it becoming even ineffective short term, and already runs massive deficits.
The issue is if the US eases much more they'll not just make the US dollar loose value, but they'll be messing with the credibility of their capital market.
Greek Central Bank: ‘Greece Will Leave The European Union’
After Greece leaves, unless China and Russia give up billions which also will never be paid back, no one will want to have the same fate befall them. Not that Greece doesn't deserve it. The leaders of Greece have been acting like spoiled brats and got replaced by morons. It is no wonder no one can make any logical deals with them. They apparently will only know economic logic when everyone starves and they get run out of office.
Is Facebook Inc. A Good Stock To Buy Right Now?
I'd only buy insiders shares. They are the only ones that count given their voting power. The SEC should never allow a company to IPO are remain closely held the way their share structure is done. It is an insult to stock market rules and shareholders rights. Those holding other shares don't cry when the company does what it wants and doesn't build value. There is a guarantee they won't care about you in the least. The company was founded and IPOed all about the me, and you are not part of the me.
Twitter Inc. - Did An Acquisition Just Become More Likely?
I think its Twitter that must look to acquire companies that can give their users other functionality rather than the other way around. This would also help it grow users and revenue.
Weekly Economic & Political Timeline - 6/14/2015
Yawn US, the federal Reserve will continue to yammer and do nothing. Still it will be affected by weakness in other currencies more than its zombie economy and brain dead central bank.
Japan, yawn, they already shot their wad in QE and stimulus and are just seeing how long before its effects run out and everyone realizes they can't do even bigger stimulus to help them out next time.
The Swiss are fine as is the Aussies.
British Pound, the bigger issue is the chance that the UK splits up. Given that currency concerns are the least of their issues.
Euro, no one really cares about anything but Greece right now once again. We will see if anything is done on that front. The bet is no.
Looking Ahead Of Wall Street: FedEx Corp. (FDX), Oracle Corp. (ORCL), Adobe Systems Inc. (ADBE)
Adobe and Oracle has little to do with the whole market, however Fed Ex I interesting to see if transports keep sliding on declining fundamentals. It is interesting to see Fed Ex try to increase their overseas business. This seems clearly a result of continued bad fundamentals in the US.
"Last Try" In Greece Before Capital Controls: Then What? Best Case Scenario For Greece
Greece has had many last tries and attempts. So many in fact they believe there is no such thing as a last chance and feel its the obligation of everyone to give them free infinite amounts of money. In reality, they are holding themselves hostage and threatening economic suicide. I think the IMF has sealed their fate and I don't blame them for doing so. If the EU wants to pay to bail them out with absurd terms let them, but the IMF should have no more obligation to them. The IMF is created to help counties in need who are willing to pull themselves out of their financial mess. Greece doesn't qualify as such a country anymore.
Billion-Dollar Tech Babies: A Blessing Of Unicorns Or A Parcel Of Hogs?
A very good article, especially on new issues or thinly traded issues. If I have a million shares and get my buddy to buy one share for $1,000 dollars is my company a billion dollar company. Some say yes, but in reality, if I can not sell any more than 1 share every few months at this value to him not really. That still doesn't prevent the tax man from collecting taxes on it before it goes back to $1 a share because the company has under $100,000 in sales and $50,000 in cash. Just because there are a few fools dumb enough to make bankers rich doesn't mean the company is worth anything close to their absurd valuations.
Demand For Solar Is Shrinking Silver Supply
I agree, however paper silver doesn't follow actual silver demand and it has increased the last decade to amount to way more than all the silver in the world. How the market eventually adjusts to the reality of real silver supply will likely be years and then be very abrupt. It certainly is a long term goal and not a short term one. That or there needs to be some catalyst that regulates the paper side. Most likely this will be caused by someone not being able to fulfill their obligation even though most use money not silver to fulfill their obligation given the dwindling supply.
This of course will mean all silver paper will come under question making your paper bets not even a guaranteed winner even if silver prices triple. Some most likely will be left with nothing more than broken promises and a lawsuit.