It just remind me the CDOs era, however this guy will definitely be prosecuted and potential face the death penalty in China. Question must be raise HKSE and the due diligent effort.
However who are we to criticize, those investment bankers during the CDOs era, selling their client faulty products and take up position against them. The top management made billions, not only free but get every cents they cheated others. Their actions cause millions of people to lose their home, world recession, millions around the world lost their jobs and made all the banks they work face bankruptcy. Cannot imagine, these people were/appointed as Authorities or President advisers. AIG as part of bill out, was force to agreed not to take legal actions against the investment banks and all these devils. I guessed this is the best of America dream, robbed billions of dollars, screwed millions of life, not only walk free but US tax payers had to pick up the tap.
It is even more amazing, some of these devils become head and prof. of the best universities while others play key roles in the government, regulating the financial industry. The most disappointing is Obama, I thought he will make a different, with all his promises, nothing came about, worst he appointed them for the last eight years to make US worse..... FYI a French lady that head the IMF did a better job, at least she pushed to implement what was promised by Obama, she was successful as it is implemented across EC.
It just remind me the CDOs era, however this guy will definitely be prosecuted and potential face the death penalty in China. Question must be raise HKSE and the due diligent effort.
However who are we to criticize, those investment bankers during the CDOs era, selling their client faulty products and take up position against them. The top management made billions, not only free but get every cents they cheated others. Their actions cause millions of people to lose their home, world recession, millions around the world lost their jobs and made all the banks they work face bankruptcy. Cannot imagine, these people were/appointed as Authorities or President advisers. AIG as part of bill out, was force to agreed not to take legal actions against the investment banks and all these devils. I guessed this is the best of America dream, robbed billions of dollars, screwed millions of life, not only walk free but US tax payers had to pick up the tap.
It is even more amazing, some of these devils become head and prof. of the best universities while others play key roles in the government, regulating the financial industry. The most disappointing is Obama, I thought he will make a different, with all his promises, nothing came about, worst he appointed them for the last eight years to make US worse..... FYI a French lady that head the IMF did a better job, at least she pushed to implement what was promised by Obama, she was successful as it is implemented across EC.
It is a question whereby I been asking since I learnt about it 3 decades ago. As I grew gray... I accepted it is something that will only grow and never be clear.
US is the only countries whereby bankers sold products to their clients and can take position against it, billions were made by the bankers, no legal action was ever taken to recover against their criminal actions. It's okay to even making investment banks they belong faced bankruptcy. In fact, most of them that is involved is CDOs took up key positions in our US government for the financial industry. When Obama was running, I remembered his key agenda, to clean up the mess and put proper control in place. After 2 terms.... I realized he is no different. Hence why worry? :)
With a former CEO that made plenty from CDOs became key guy for the financial sector for the US government and arranged bait out for AIG, GS and the rest, with questionable conditions. Whereby it is okay to run the company to bankruptcy as long as there personal gain. A organization whereby screwing their clients for own gain is a norm and will not be prosecuted. Why would investors need to be worry? This is the best type of company....
Analysts has been downgrading oil companies and paint a groom picture from oil with oversupply. Somehow remind me the CDOs era again. Yet over the first half of this year since oil drop to USD 40plus, many had came come out with their report only after the drop, not before, including GS. Oil price since climbed to the level of USD60plus. It is not surprising that GS and certain hedge funds are shorting oil heavily. At least they are consistence in their direction, unlike what they did with CDOs. It's difficult to trust a report from source that screwed their own clients, while making billions taking position against them. While this report was made, short selling percentage against oil companies was dropping. Someone running out of bullets, hence the reports? If there so much oil available, yet major deals like those between China and Russia are signed. Germany are talking to Iran about oil before any agreement is agreed with US and the rest to remove the embargo. Why not wait if there are over-supplied of oil source or oil? It just seem that the group that had been yelling oil drop, their biggest concern is oil price and oil companies keep raising.
The only thing I will advise investors, with regards to any investment, stay with the fundamental and base your investment judgement on facts and actual numbers, at least it is a clear decision, may or may not be right, as no one can tell the future.
I share your view, I am heavy into energy sector in XOM, CVX and RDSA.L. This is for long term investment/hold, my view, despite overall oil over supply in the market, I serious doubt this scenario will last:-
1) Major suppliers are hurting badly. Russia, Saudi and other suppliers are eating into their reserves at price below $60-80.
2) China, since the last 15 years, energy has always remain a critical issue to them, despite after building a mega hydro-dam and multiple nuclear power stations. Numerous of my chinese suppliers are still running their generators for their factories 2-3 times a week, simply till today there still insufficient supply. The recent turn of events and US international policies, had enable China to gain Russia and winning over Saudi.
3) I believe China growth has always limit by the shortage of energy, plenty of cheap labor (even cheaper than Vietnam) outside China's major industrial areas and major cities. Now China harbored the intention to build a super high speed train to the west(Europe) and to south(Singapore), armed with AIIB.
4) The best is Obama's oil policy seem to be driving Middle East countries to war rather than the peace policy he preached about.
In term of oil and commodities, if not because of present oil price war, oil giant like XOM, CVX and others at present price? I totally agreed with your assessment, oil stock is great for investment play at present price, not great for trade or short. More for longer term play. Oil is critical to keep the world moving but at the ever increasing rate of consumption, it is good equities to invest in.
In fact, companies like Nike is the problem. I don't expect all to be made in US, but as US company, Nike can at least made those retail in US made in America.
I agreed with the view in this article, however Nike has been doing for decades. Moving from one country to another. Indonesia to China to Vietnam... Wherever the cheapest labor. I just believe consumers should be educated about supporting local made and not local brands. It is high time, clear labels should be put on the products.
Personally I tend to buy those shoe made in US, anyway they cost about the same. However if the people don't believe in supporting US made products, they have to realize the consequences. It is a freedom of choice and it's God given right.
Latest Comments
A Glimpse At The Market Endgame: How China's (Formerly) Richest Man Crashed His Own Stock When He Tried To Sell
It just remind me the CDOs era, however this guy will definitely be prosecuted and potential face the death penalty in China. Question must be raise HKSE and the due diligent effort.
However who are we to criticize, those investment bankers during the CDOs era, selling their client faulty products and take up position against them. The top management made billions, not only free but get every cents they cheated others. Their actions cause millions of people to lose their home, world recession, millions around the world lost their jobs and made all the banks they work face bankruptcy. Cannot imagine, these people were/appointed as Authorities or President advisers. AIG as part of bill out, was force to agreed not to take legal actions against the investment banks and all these devils. I guessed this is the best of America dream, robbed billions of dollars, screwed millions of life, not only walk free but US tax payers had to pick up the tap.
It is even more amazing, some of these devils become head and prof. of the best universities while others play key roles in the government, regulating the financial industry. The most disappointing is Obama, I thought he will make a different, with all his promises, nothing came about, worst he appointed them for the last eight years to make US worse..... FYI a French lady that head the IMF did a better job, at least she pushed to implement what was promised by Obama, she was successful as it is implemented across EC.
Hanergy: Let There Be No Doubt
It just remind me the CDOs era, however this guy will definitely be prosecuted and potential face the death penalty in China. Question must be raise HKSE and the due diligent effort.
However who are we to criticize, those investment bankers during the CDOs era, selling their client faulty products and take up position against them. The top management made billions, not only free but get every cents they cheated others. Their actions cause millions of people to lose their home, world recession, millions around the world lost their jobs and made all the banks they work face bankruptcy. Cannot imagine, these people were/appointed as Authorities or President advisers. AIG as part of bill out, was force to agreed not to take legal actions against the investment banks and all these devils. I guessed this is the best of America dream, robbed billions of dollars, screwed millions of life, not only walk free but US tax payers had to pick up the tap.
It is even more amazing, some of these devils become head and prof. of the best universities while others play key roles in the government, regulating the financial industry. The most disappointing is Obama, I thought he will make a different, with all his promises, nothing came about, worst he appointed them for the last eight years to make US worse..... FYI a French lady that head the IMF did a better job, at least she pushed to implement what was promised by Obama, she was successful as it is implemented across EC.
It Is Mathematically Impossible To Pay Off All Of Our Debt
It is a question whereby I been asking since I learnt about it 3 decades ago. As I grew gray... I accepted it is something that will only grow and never be clear.
US is the only countries whereby bankers sold products to their clients and can take position against it, billions were made by the bankers, no legal action was ever taken to recover against their criminal actions. It's okay to even making investment banks they belong faced bankruptcy. In fact, most of them that is involved is CDOs took up key positions in our US government for the financial industry. When Obama was running, I remembered his key agenda, to clean up the mess and put proper control in place. After 2 terms.... I realized he is no different. Hence why worry? :)
Goldman Sachs Warns Against Long-Term Oil Investments: Linn Energy LLC, Murphy Oil Corporation, Chevron Corporation
With a former CEO that made plenty from CDOs became key guy for the financial sector for the US government and arranged bait out for AIG, GS and the rest, with questionable conditions. Whereby it is okay to run the company to bankruptcy as long as there personal gain. A organization whereby screwing their clients for own gain is a norm and will not be prosecuted. Why would investors need to be worry? This is the best type of company....
Is It Time To Buy Oil Companies Again?
Agreed, however the rate the increase in demand is scary.
Goldman Sachs Warns Against Long-Term Oil Investments: Linn Energy LLC, Murphy Oil Corporation, Chevron Corporation
Analysts has been downgrading oil companies and paint a groom picture from oil with oversupply. Somehow remind me the CDOs era again. Yet over the first half of this year since oil drop to USD 40plus, many had came come out with their report only after the drop, not before, including GS. Oil price since climbed to the level of USD60plus. It is not surprising that GS and certain hedge funds are shorting oil heavily. At least they are consistence in their direction, unlike what they did with CDOs. It's difficult to trust a report from source that screwed their own clients, while making billions taking position against them. While this report was made, short selling percentage against oil companies was dropping. Someone running out of bullets, hence the reports? If there so much oil available, yet major deals like those between China and Russia are signed. Germany are talking to Iran about oil before any agreement is agreed with US and the rest to remove the embargo. Why not wait if there are over-supplied of oil source or oil? It just seem that the group that had been yelling oil drop, their biggest concern is oil price and oil companies keep raising.
The only thing I will advise investors, with regards to any investment, stay with the fundamental and base your investment judgement on facts and actual numbers, at least it is a clear decision, may or may not be right, as no one can tell the future.
Is It Time To Buy Oil Companies Again?
I share your view, I am heavy into energy sector in XOM, CVX and RDSA.L. This is for long term investment/hold, my view, despite overall oil over supply in the market, I serious doubt this scenario will last:-
1) Major suppliers are hurting badly. Russia, Saudi and other suppliers are eating into their reserves at price below $60-80.
2) China, since the last 15 years, energy has always remain a critical issue to them, despite after building a mega hydro-dam and multiple nuclear power stations. Numerous of my chinese suppliers are still running their generators for their factories 2-3 times a week, simply till today there still insufficient supply. The recent turn of events and US international policies, had enable China to gain Russia and winning over Saudi.
3) I believe China growth has always limit by the shortage of energy, plenty of cheap labor (even cheaper than Vietnam) outside China's major industrial areas and major cities. Now China harbored the intention to build a super high speed train to the west(Europe) and to south(Singapore), armed with AIIB.
4) The best is Obama's oil policy seem to be driving Middle East countries to war rather than the peace policy he preached about.
In term of oil and commodities, if not because of present oil price war, oil giant like XOM, CVX and others at present price? I totally agreed with your assessment, oil stock is great for investment play at present price, not great for trade or short. More for longer term play. Oil is critical to keep the world moving but at the ever increasing rate of consumption, it is good equities to invest in.
Why Nike Is The Problem, Not The Solution
In fact, companies like Nike is the problem. I don't expect all to be made in US, but as US company, Nike can at least made those retail in US made in America.
Why Nike Is The Problem, Not The Solution
I agreed with the view in this article, however Nike has been doing for decades. Moving from one country to another. Indonesia to China to Vietnam... Wherever the cheapest labor. I just believe consumers should be educated about supporting local made and not local brands. It is high time, clear labels should be put on the products.
Personally I tend to buy those shoe made in US, anyway they cost about the same. However if the people don't believe in supporting US made products, they have to realize the consequences. It is a freedom of choice and it's God given right.