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
Why Amazon Is Crashing: Jeff Bezos' Nightmare Quarters In Charts
The issue is how it got so bad in the first place. A few people have constantly brought up Amazon's lack of profitability, slowing growth, growing competition, and lack of focus but it has fallen on deaf ears. As is Salesforce and a slew of other companies wowing Wall Street with accounting gimmicks and don't look at the books arguments.
Amazon has beaten other companies before, but currently what Amazon must face is its worst enemy, a management that has lost focus and is squandering the advantages of the company. Maybe they should start reading the business and finance books they carry.
Hillary Clinton: Business Does Not Create Jobs, Washington Does
Sadly over the past decade and a half we have watched Democrats and Republicans turn their back on the free market and capitalism in favor of the government and central bank who create money and liquidity and put it in the hands of the well connected at the cost to the economy. If this continues Hillary will be right because we won't have real businesses left to help the economy. We will be worse off and less capitalistic than China.
AS for healthcare, yes, base healthcare provided by the government makes sense. If you want more or better then you go to the free market. The problem with Washington Health care plans is they are trying to impose it on everyone at absurd costs and tied to an absurd process which is best described as chaos (if you can call that a process).
Wall Street Cheated – Changed History
Nice catch. If you look hard enough you will find lots o these types of actions as well as analysts hedging by stating bad news with good or good with bad and then being quoted on their right call which isn't really a call at all. Don't trust wall street. Keep a skeptical eye on them and on your money.
Gold Daily And Silver Weekly Charts - Consolidation Day And Tragedy In Canada
The weak market had little to do with the Canadian tragedy. If it did, precious metals would have risen not dropped.
How Will Saudi Arabia Respond To Lower Oil Prices?
It's rather amazing that the Mid East is in such a mess along with Russia and yet we are still floating in a glut of the black stuff. There is little they can do at this point. The US doesn't need more supply. China is happy to get it from anyone regardless of their motives. And Europe is headed towards a major recession.
The Mideast should start wondering what it will due in a post oil economy. Maybe it should spend some of that money developing technology and terraforming rather than buying extravagant things.
The Chart That Explains Why Fed's Bullard Wants To Restart The QE Flow
QE is a lot like a kid who cheats at school. Basically it's an economic cheat. First, it works less and less as you go on. Second, those wise enough to know what you are doing catch on. Third, you don't learn anything and thus the economy never adjusts to economic reality. Fourth, you encourage everyone else to cheat which essentially ends the game. And Last, when the real test comes and you economy pitfalls you are left with no bullets besides even greater cheating.
Central banks, go back to school and learn economic growth is not based on money supply, it's about increasing the goods and services in your economy which you are utterly failing at since 0% helps medium and small businesses.
FBI Director Warns Google And Apple "If You Don't Decrypt Phones, We'll Do It For You"
Government, don't blame technology for your incompetence.
The Good, The Bad And The Ugly Of Falling Energy Prices
The US is lucky its insulated from the Middle East issues thanks to their excess production. We can only hope it continues until energy dependence shifts towards other power production.
As for oil price declines, without them we'd be looking at another downturn a few months back. Even so, it's not enough to prevent the market cycle from ending its upswing even though it was terribly anemic.
The New Underground Economy In Germany
Maybe they should just do what the central bank is doing and just print money. This is in essence a tax one can't avoid and affects the wealthy more than the poor since the more you have the more you get devalued. On top of that you also get lower interest rates since liquidity essentially does grow on trees and is made without producing goods or services.
No Recovery: Longest Sustained Fall In UK Real Wages In Recorded History
QE is not an attack, it's a uncapitalistic measure to self-enrich the few at the cost of the many, including those with money who get devalued and those who are poor who get no access or opportunity to the ill gotten gains and don't benefit from a fall in prices that usually follow a weak market.