So far I am so right about the market. US market soar. China market Soar. Whoever have funds in your policies or own funds in those area….Congratz.
Let talk about Trump
Businessman that wish to make America Great again. His fiscal stimulus lead to bond price lowering, stock price to move higher and increase inflation. Lay man term is he spend money within his country to build facilities like road, railway, builidngs, refurbish old builidngs etc etc….some sort like in SG, we always see them dig things on the road and make the road newer.
These will improve employment, with improve employment people are more willing to spend and thus increase inflation. But these will increase tons of debt to their own country. But they are a big country and leader of the world (slowly will not be so significant), so they can do this.
Slowly after these are done, they will still need to look outwards of their country but depend on who is the next president to play the game. It is always like that for many civilization in history.
China, Capitalism or communism??
A last time inward looking country now turning outwards. They are flexing all money they have like the obnoxious friend, throwing money at any country that are willing to work with them.
They wants to be the leader and this is their chance. The one belt one road if successful will be awesomely magnificent plan. They will practically connect the world to them. The plan is extremely ambitious. But being Chinese, I know they can do it. It just take time and determination and they will make it happen.
China in the olden days, (cant remember which dynasty) have the largest GDP in the world and are the richest. The Chinese know the power of unity.
They are too shaking up their internal problems and extending economic growth to the world. It take time but they will do it. Also being Chinese myself, I do believe that in business they are selfish. In hardship we can thrive and endure together, but in fortune is only mine. I do see some of these playing out in China and Singapore relationship. Just my opinion.
These are the advantage of big countries with huge population and sheer land mass and resource. Honestly, however miracle Singapore is, we cant do that. Unless we can be the next Silicon Valley as the GDP of just that state is among the top in the world. I love this place but let be realistic and think about it.
I was having a conversation with some friends and I said our grandfather migrate from China to escape war and to find a better future for themselves. I think there will be a day that our grandson will need to migrate back to China or other places in Asia to look for better future.
So in short. For funds wise stay in US and China. They are the better ones. The rest will be follower. These 2 areas might bring enough money for us to relax one corner.one more thing, that is I do think facebook, alphabet and tesla will have a very good future. if spacex is listed it would be too.