Moon Kil Woong - Comments
Executive Officer at SME
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
Latest Comments
Bulls Trying To Make A Stand
6 years ago

It is not so much bulls making a stand as much as this market showing resilience against going down. It is hard to shove down assets that generate profit and/or dividends in a close to zirpish market. In reality its a wonder all decent sustainable dividend plays are not bought out by smart investors and taken off the market. Why share when people can't get anything with decent yields without a face full of ugly horrific risk.

In this article: SPX
Trump Gives Huawei Another 90-Day Reprieve: Who Is Desperate For A Deal?
6 years ago

There are security papers written on their flaws, they are glaring and transparent, and demonstrate a total lack of basic security concepts like placing a fixed admin password in their devices and tons of basic known security holes caused by stupidity more than anything else. They are not sly, hidden, or even what one would call creative or inventive.

Collateral Reserves: What Is Behind Record Low And Negative Yields
6 years ago

Good and interesting argument again. I think the low yields on short term treasuries are also caused by central banks around the world scooping them up as fast as they can as other poorly managed companies bonds look increasingly junk like.

Trump Gives Huawei Another 90-Day Reprieve: Who Is Desperate For A Deal?
6 years ago

Sadly the simple fact is #Huawai's networking products have major security flaws, however, this is more due to their lack of expertise than anything else. It is right to block purchasing their product to sensitive industries in the US. However blocking Huawei from buying US equipment is rather dumb given it hurts our own industry and encourages China to make competing products. Illogic is guiding most of our trade war and Huawei has become a victim of the trade war now as are those US companies that supplied to it.

As for Huawei, not just the US but others should be notified of the major security flaws they have introduced into their network using a cheap but clearly inferior product. This is a fault of the industry and the security regulation organization as much as it is Huawei's. The US government should have never had to get involved given the glaring security flaws in their products.

Making Sense Of This Market
6 years ago

Read an economics book. Tariffs are one of the worst taxation measures because it punishes consumers, slows the economy and creates inflation.

We are just lucky right now inflation is not an issue. The reason he keeps adding ones seems to be because he is deficient at understanding simple economic theories and their consequences.

In this article: CAT, CSX, JPM, M, WMT, AMAT, NVDA
Let’s Get Inverted
6 years ago

The inversion is a continuing sign of global weakness and is caused by mainly foreign countries buying short term treasuries. The economy is slowing thanks to Trumps trade war but that is mostly because it is hurting the global economy and creating uncertainty.

Are Commodity Prices Indicating A Recession?
6 years ago

Agreed, commodities haven't rallied substantially and aren't the overpriced assets they tend to be after an economic expansion. Look for global weakness, dollar tightness in the global economy for weakness and excessive prices in housing and other inflated hard assets.

In this article: DBC
Why You Should Care That Argentina More And More Looks Like Argentina
6 years ago

Argentina is one of those countries that signal a global downturn because they are very sensitive to tight money.

Making Sense Of This Market
6 years ago

A lot of this weakness is due to a tax that is triple bad news. Tariffs slow the economy while creating inflation. So far we aren't having much inflation but it may be a matter of time if they keep increasing. The third bad thing about tariffs is they destroy our markets as well as those who they are targeted at. There are other side effects but these are the most obvious and are horrible in and of themselves.

In this article: CAT, CSX, JPM, M, WMT, AMAT, NVDA
Oil Market Weakness Suggests Recession More Likely Than Middle East War
6 years ago

Thank goodness recession is more likely than a Mideast war. That said, a recession rarely happens with such a loose Fed and with stimulus coming from the government from both lower taxation and higher spending. When it happens it will be due to inflation like Jimmy Carter under these circumstances which isn't happening anytime soon unless there is a energy issue due to a mid-east war, global trade wars actually end the cycle of overabundance, or a unforeseen disaster disrupts the markets to the point supply is radically more expensive.

In this article: USO
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