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
Is It Possible To Avoid The 10-Worst Days?
No, but you can avoid the 9 or 8 worst days if you are nimble enough. Don't buy into a selloff until you are clear its over and generally its best to sell into a justified sharp drop and buyback your shares for a lower price when its over.
Anatomy Of A Failing State: Japan's Budgetary Nightmare
The US should learn from this because we are now copying them and are on 5 years into the 25 years Japan has taken to be a utter economic failure. This has proven QE can destroy even the most robust of countries because it obstructs economic adaptation and change, encourages continued unproductive and even harmful behaviors, prevents the growth of the private sector specifically small business, saddles the country with failing state supported companies, prevents the country from addressing overgrowth in government and tackling its debt issues, encourages overextension of debt, prevent necessary economic rebalancing and price declines, and is a massive step towards a socialist economic system.
Japan, wake up or you will find your economy closer to N. Korea than the US. Same goes fore the US.
Ten Clean Energy Stocks For 2014: Spooky October
Good choices but the clean energy stocks are getting their whistle cleaned by dropping oil and energy prices. We will see how much more they can stand if oil prices drop further. The good news is that pump prices and oil distillate prices remain artificially high as oil companies refuse to pass off the price declines to consumers.
Last time oil prices were at this price gas was under $2.50 a gallon in California and around $2 nationally.
American Sands Energy: A Revolutionary Unique Oil Sands Play
1) The US is still importing tons of oil due to current US oil company contracts thus leaving a surplus at home which they are now trying to export (a bit ridiculous).
2) The US oil collapse is coming. Now is not the time to invest in more production.
3) The oil price decline should have happened sooner along with everything else but the Federal Reserve is trying to prevent the natural price declines associated with a downturn which did nothing but prolong the downturn for years because the economy can't realign without the natural savings it gets from price declines.
4) Politicians and the government don't make jobs save ones that cost more jobs, they destroy them unless they cut taxes. Given they do not do that, they could care less if the US oil economy collapses or the rest of the economy. In fact a weak economy allows their banker friends to issue even more QE money and give them out like candy to them and the politicians. Thus, regardless of what everyone says, most bankers and politicians love the zombie economy. It means they get rich while you get poor.
Marvelous Monday – Back To Our Highs, Now What
Even if there is no taper just a stoppage of QE it will eventually lay this market low. I give that until spring next year unless the Fed gives up on ceasing QE and resumes it yet again. If they do it again they deserve even more to be the pincushion of playing politics by artificially keeping the market aloft on money printing to support the current administration.
Moving Apple Shares Today; Bond Sale In Euro?
LOL wonderful. Apple already has a giant cash mountain spending it only on garbage like a UFO headquarters. I suspect they are only doing this to get more support from bankers who want deals to make money given it isn't in US dollars which is in short supply thanks to their dumb dividend policy they had to leverage overseas assets to do.
Apple, wake up, stop playing money games and get someone with creativity before the bankers you rely on eat you alive like the 1990s.
QE Added $9 Trillion In 'Equity Wealth' Or 32% Of The Current S&P500 Level, JPMorgan Finds
1) This has been shown by many for many a year and yet somehow the market thinks after filling up the balloon the balloon will stay in the air. The simple fact is that these type of bubbles lose air fast because they are based on the future imputs and once more money stops coming in they drop back down to a sustainable value thus creating a collapse that is often worse than the support they got.
Of course more than 50% of the market participants believe the Fed will loosen rates and do even more QE. This is because the only living example of QE gone wild before us is Japan who is still plugging away with it despite it having killed their economy for decades.
The Failure Of The Fed's 'Wealth Creation' Mandate (In 1 Simple Chart)
The fed doesn't engage in QE to help the economy. It engages in it for 2 reasons. 1) To get out of the mess of not having enough buyers for bond auctions which primarily is due to the fact they are fixing their own auctions. And 2) It's to provide a giant cushion of free liquidity to their banker friends and themselves to get rich even while the rest of America suffers from their destructive behavior.
The graph somewhat points out the fact. It is quite apparent to all but the dumb and blind together that QE does not help the public or the broad economy. But that's not the point of it. Is it? Money and liquidity never should be created without creating goods or services. It's bad enough the government does it. A central bank without mandate from any democratic authorization should never be allowed such power. It violates our constitution among other things.
Unprecedented Fear Reset: What Does It Mean For Stocks?
This looks like some coordinated move more than a broad relief signal. After all, what changed so dramatically? Did the Fed tell a select few they would start a new round of QE? Did Putin get a heart attack? Did ISIS go back to the dark ages where their philosophies fit with that part of the world? In reality dramatic changes with no clear rationality need to be taken with a chunk of salt and a lot of research before relying on them.
World’s Fastest Growing Consumer Markets
Africa is the next hotbed of cheap labor with China being the foremost in trying to develop it since their labor is rising. The issue is if they can educate them and make them viable factory automatons who can live on practically no income for a few decades and keep out religious and ethnic violence. We will see.