Hey Folk
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.
Cheer
