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
Bad Breadth From The Empire Fed
The bump was due to delayed purchases and summer buying. Like I said before, don't expect follow on performance. Covid is still around and thriving. We don't even have a drug that can male this disease not life threatening although we now a have a drug that helps some in critical condition.
We are not out of the fire and everyone knows it. the economy will continue to suffer.
Warren Buffett Buys Barrick Gold
I mean he's buying a gold miner not gold itself (as in amassing gold).
Death, Economics And Coronavirus
Sweeden facts about cases and about their cultural behaviors to social distance etc.
www.statnews.com/.../covid19-accidental-sweden-fall-could-be-catastrophic/
www.worldometers.info/coronavirus/country/sweden/
Retail Apocalypse
Beware or REITs, especially commercial and apartment REITs. There is a reason why they are trying to get people into these. That way banks etc can unload their losses on uninformed investors with high rates that won't last much like the last downturn.
The Decade Long Path Ahead To Economic Recovery – Depression
My point is we should have spent they years of upside paying down some debt and tightening so our government could afford stimulus and the Federal Reserve could lower right now.
Warren Buffett Buys Barrick Gold
He bought a company that mines gold and precious metals not gold. I think the move back towards cyclicals is not bad at this point in time. Maybe it is a bit early but they have been abnormally punished.
The Big Four Economic Indicators: Industrial Production Up In July
Don't expect any graphs of a sustained recovery to last with Covid still plaguing us, a decrease in stimulus, the seasonal uptick ending, and the modest recovery from steep declines in the economy over. The asset inflation will likely continue as stocks keep rising on zirp rates and a modicum of inflation. However, the US economy is still far from healthy and will stay that way until Covid is handled.
Stocks Setting Up For A Painful Correction?
The issue is, is the asset bubble going to pop. And if so, housing usually collapses first. As long as inflation stays low, interest rates remain low, and the US can afford its growing debt payments, the bubble will keep expanding. This is fine in a downturn, where we failed is by pumping the economy and not paying down debt for over a decade before. Federal reserve you aren't earning an F, you already got one. Tightening monetary policy now would get you whatever is worse than and F, especially since Trump started the global trade war and weakened the global economy before the downturn just like before the great depression.
The Decade Long Path Ahead To Economic Recovery – Depression
The first step to recovery is people's health.That means either doing things to stop infection (good luck with that in the US), a vaccine and enough people taking it to stop the spread (useless if there is improper verification that takes months doing it properly. I doubt it will work if fast tracked, especially with anti-vaxers which used to be Trump too), and finding medication that prevents death and severe repercussions from getting Covid which is in process and takes a shorter time to verify (current medication can help some not all and the recent one approved helps only those already in critical condition and not all of them by any means),
Looking at this from an economic only picture won't do. Hopefully, we will get there sooner rather than later but I market out major barriers for the US to get there. There is more hope in the EU and UK. They are doing better with selection 1, although medical science may come through for the US.
Death, Economics And Coronavirus
Except that it takes time to grow so you can test yourself quickly after quarantining yourself for a while. The problem with travel is stopping it is the same as temp checks. If it doesn't exhibit the infection immediately then the test alone won't stop the spread over boarders alone.