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
Prepare For Defective Herd Immunity: It’s Coming
I think the best now is to get drugs that stop over reaction from the body in the lungs. Canada developed a product that does just this and it has been approved in the US for AIDS patients. I think the US is holding it back to try to find something domestic and forcing them to do Phase 2 and 3 trials while the approved Trump's drug that kills more patients than not taking the drug. Anyway, EU and WHO should be all over it.
Prepare For Defective Herd Immunity: It’s Coming
The US and Europe have the biggest infections right now, so there is no need to worry about reinfection. For the US there is no strong national response so we will have to deal with states with no real regulations to contain the virus traveling unrestricted to other states. This will go on indefinitely if we keep handling this outbreak the way we are currently. Lifting the restrictions mean nothing given it does nothing to protect your safety. People in Washington don't get it. There is no return to normal unless people are reasonably assured that they can't get Covid or spread it by going out in public.
Quiet Start To New Week
I'm sure it's generated mostly by lobbyists.
Worst Decline In Industrial Production Ever?
Sadly reopening the economy without surety that the contagion isn't spreading in a State will not do much to improve the situation. For the most part production isn't the issue as much as consumption. Consumers will still try to stay on the sidelines and for the most part and things like haircuts will get a surge of demand but will also be a huge transmission risk. Likewise, the legal risks are also dangerous for individuals and businesses.
Quiet Start To New Week
It is unlikely that another stimulus deal will get through with Trump demanding companies be exempt from any Corona lawsuits by employees and Democrats against more unregulated distribution of money to big corporations and mis-allocation of small business distributions to large corporations. That will keep the dollar firm where it is as other countries finances look less safe.
Prepare For Defective Herd Immunity: It’s Coming
Good points. Sadly the US is worse than Europe and there is no global leadership or plan thus this virus will keep hopping around the globe even if countries successfully keep it from hopping from neighbor to neighbor and neighborhood to neighborhood. No longer is reopening areas the issue. Even if they are reopened everyone knows they will be far from safe.
We will need to change how things are done and care about the health and well being of everyone in our neighborhoods and countries. It is sad that this is the way this fact becomes crystal clear to everyone. To not do so risks failure until there is a cure. In the meantime we should adopt drugs that can lessen the worse aspects of the disease without being worse than the disease.
Billionaire Cooperman's 11 Reasons To Be Skeptical Of Soaring Stocks Amid COVID Chaos
It's not that the market thinks earnings will go back to where they should. Rather it is a lot like Japan's market. With rates so low and potential for them to go down more as risk of default goes up even with government debt money has nowhere to go beside the stock market and real estate after it flees the bond and treasury market. And do you want to be in real estate right now. Even the banks don't want to be in it.
Stocks We Like This Week
BA is a laggard and will probably continue to be one. The problem I see right now is almost everything is rebounding which may mean we will have another leg down until people realize everything won't be the same again after the virus is under more control.
Is The Stock Market Going Up Too Fast?
The market is not going up because things will return to normal. It is going up because there is nowhere else to put your money. The next pin to fall is when people realize money in real estate is not safe and will pull out of it and dump it in the market as well starting with commercial real estate.
Are The Airline Stocks Permanently Grounded?
As always the airlines will depend on the government to bail them out as they continue to put on more debt and not reserve for the downside to insure they qualify for bailout money every time the market falls. They should not be called American and United airlines but Communist and Socialist airlines.