Welcome back. As Memorial Day weekend in the US is the official start of summer, we should start to see volumes in the stock markets head lower for the next few months. On the economic front, this week we have Manufacturing PMI, the Unemployment Rate, Non-Farm Payrolls and Average Hourly Earnings. Investors will also look […]
Get your popcorn ready (we all know Putin is) as the world watches President Trump’s first overseas trip and meets with other world leaders. He hopefully doesn’t have an international incident that rattles markets ahead of the 3-day weekend coming up for Memorial Day. On the economic front, we have Durable Goods, University of […]
Handing In Homework The first group of items agreed between the US and China on trade and economic matters were announced a few days ago. As part of the results under the 100-day pledge at the Xi-Trump summit on April 6 – 7, some of these items dramatically demonstrate the benefits of win-win cooperation. There […]
As I predicted, the US has decided to send a delegation to the OBOR Forum in Beijing （May 14-16）. A total of 29 heads-of-state will personally be in Beijing to attend the Forum. This is China’s official film relating to the OBOR Forum in Beijing. You should watch it to understand China’s world views and […]
do-do-do, do-do-do As the mainstream media continues to have 24 hour coverage of Comey’s firing, investors will try to concentrate on the quieter than normal markets. On the economic front, we have a quiet week with Building Permits and Housing Starts. Of course North Korea can always saber rattle the markets by launching another missile. […]
From personal experience, DIY first aid ointments made at home from common plants and oils can be even more effective and safer to use than store-bought brands. And you can make them yourself, in large quanitites, for a fraction of the cost of the same amount of Neosporin or cortisone cream. For this batch I […]
Shampoo, body wash, dishwashing liquid, laundry soap, and hand soap are all basically the same thing, at their core: Detergent, which is made from water and some combination of sodium laureth sulfate or sodium lauryl sulfate (SLS, for the sake of brevity). It can be either plant or petroleum-based. And they’re not just putting it […]
After watching elected officials vote on a bill and admit to not actually reading it, investors will be looking forward to more stupidity from its elected officials. In the meantime, the adult in the room (the stock market) will be turning its attention to the latest out of earnings and the price of oil. On […]
A friendly commentary and analysis from China-based “doublewood” in reaction to James Rickards’ most recent Daily Reckoning piece entitled, “The Greatest Ponzi Scheme in History.” Certainly, some things to consider… Shadow-Banking Worldwide The situation depicted by Rickards is nothing new. Last month, RMB 30 billion of fake wealth management products （WMP）came to light, which brought up […]
In reaction to our recent Q1 Commentary, there understandably continues to be questions surrounding the confounding lack of volatility and complacency that has pervaded global markets, despite the widespread distress gripping the global geopolitical arena. Many market participants and those watching from the sidelines have been left dumbfounded watching the VIX (Volatility Index) meander around […]
Re-ignited Cold War At this point, as a result of the sequence of events in the past few years and other bizarre reasons, the US and Russia have re-ignited a Cold War. One of the characteristics of a Cold War is tic-for-tac actions, dirty tricks, and doing things that would foil or complicate matters for […]
Under China’s Internet+ initiative, the use of handphone for payment is becoming prevelant. They just swipe a 2-D barcode with their phones and it is done. I still mostly use the 11% cash payment method. It is nostalgic. Because most users in China prepay money into their Alipay or *WeChat accounts, Alibaba and *Tencent are […]
“There is no best, only better.” – Xi Jingping A Grand Delusion I have lived in China for the most part of the past 15 years, during which it developed from a relatively poor country into what its government now officially calls “the early stage of a moderately prosperous society”. The rest of the world […]
Traders will be dealing with déjà vu all over again over a possible government shutdown and a string of earnings. On the economic front, we have Manufacturing PMI, the Unemployment Rate, Non-Farm Payrolls and Average Hourly Earnings. Non-Farm Payrolls & Unemployment Rate: After the disappointing US GDP figure last week, along with radio and Twitter […]
As tensions rise to an explosive fever pitch between the extreme left and Donald Trump supporters, today’s confrontation in CA is already being called the “Battle of Berkeley 4.” Watch a live stream of the clash on Aceloewgold.
Alibaba founder Jack Ma: AI will cause people ‘more pain than happiness’ Jack Ma has also said that humans only use 3% of their brain power, and science understands less than that about the brain. So to say that AI will surpass human potential is ludicrous. However, he would not mind if the super-processor enables […]
Rapid Changes In The World It is hard to believe that Xi Jingping and Donald Trump met as recently as April 6-7. The world has changed so much in the last couple of weeks that few could recognize it from what it was the week before the Xi-Trump meeting. Instead of a warming of US […]
Shut it down, shut it down. Investors have a busy week ahead starting with the reaction from the French Election. We have a ton of earnings data, economic data, a potential government shut down, and our first look at 1Q GDP. On the economic front, we have Consumer Confidence, Pending Home Sales, and New Home […]
In today’s French presidential elections, all of France’s mainstream ruling parties have been voted out. Populist anti-immigration candidate Marine Le Pen, and pro-globalism former banker Emmanuel Macron, will be facing off in the runoff vote on May 7th. Menawhile, both the French Socialist and French Republican Parties, which have enjoyed a prime spot in the […]
One Belt One Road （“OBOR”） is the designation of China’s initiative in its foreign relations. It embodies China’s vision that peace in the world is best achieved through cooperative development, economic, social and cultural. Along the various routes that had represented the historical Silk Roads on land （the Belt）and the Maritime Route by sea（the Road）, […]
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