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Discussion forum on Singapore stocks and current affairs.
Let's take a look at the 2 charts and we will know the answer.
Warren Buffett Index
This index is calculated by using the Total Market Capitalization and divided by the US GDP.
How do you interpret the chart?
The WB index is at 182.2 now. An index that is above 120 is an overvaluation and an index that is below 80 is an undervaluation. Therefore, anything between 80 to 120 is neutral (normal). The US stock market is extremely overvalued now as indicated by the WB index.
Shiller PE ratio chart
The Shiller PE Ratio is the 2nd highest on record now as shown on the chart. How much more do you think the US stock market can move up higher?
These 6 countries are being ridiculous beyond comprehension.
We know that they cannot monitor us when we use China's technology and network such as Huawei 5G. This is the reason the US demands other countries not to use Huawei 5G.
The US proclaimed that Huawei 5G posed security risks but it was the US that wanted to monitor everything.
Shame on these 6 countries!
This image was leaked recently and the picture was taken by a supposedly F18 pilot.
https://sg.finance.yahoo.com/news/boxed-chinas-exports-pinched-global-085020906.html
Just as we've predicted, the US-China freight rate is close to US$5,000 now. This was what we had projected in September 2020.
http://sg-stock.blogspot.com/2020/09/the-us-inflation-is-coming.html
https://sg.finance.yahoo.com/news/vaccine-passports-may-be-a-thing-in-2021-170258701.html
This has been one of our concerns since this new requirement will dash the travelling desires because the vaccination is not permanent which means it has to be taken regularly and has undesirable side effects.
http://sg-stock.blogspot.com/2020/11/wow-someone-has-projected-that-us-stock_30.html
https://finance.yahoo.com/news/forever-empty-offices-malls-may-110001337.html
We've been warning about this on our numerous postings.
http://sg-stock.blogspot.com/2020/10/the-us-hospitality-debts-are-going-to.html
http://sg-stock.blogspot.com/2020/07/us-cmbs-is-in-precarious-situation-now.html
“Investors in these securities will definitely take losses -- it’s just a matter of when,” McNamara said.
The US FED is the primary buyer of CMBS and MBS and is likely to take a heavy hit from these securities.
Indonesia had just received its first vaccines last Sunday.
This will definitely help Indonesia to contain its pandemic.
What this is showing is that speaking the same language as China won't build up a cozy relationship with China because actions speak louder than words.
I think other Asean members will be watching this closely and will be ordering China's vaccines if the efficacy is achieved in Indonesia.
https://sg.news.yahoo.com/violence-erupts-paris-protest-against-155932417.html
France criticized HK for imposing national security laws just months ago to suppress democracy and it was also imposing its own security laws too.
What a joke!
As the US is the largest infectious country in the world, it will have a lot of people with lowered IQ and this will impede its progress in the future.
The covid virus will cause permanent damages to a person's visceral organs and brain.
http://www.xinhuanet.com/english/2020-12/04/c_139561941.htm
China is leading in the technology arena now!
As China files for more technological patents just like what Huawei is doing, it will be able to set the technological standards in the world and the US cannot accuse China of IP thefts anymore.
Well done, China!
https://medicalxpress.com/news/2020-12-moderna-vaccine-confers-months-immunity.html
Our natural immunity can last about 4-6 months but the immunity triggered by the vaccine can last at least 3 months.
http://sg-stock.blogspot.com/2020/08/covid-19-immunity-can-only-last-about-4.html
The existing empirical research shows that natural immunity will last about 4 months for mildly infected patients and about 6 months for severely infected patients. However, Moderna only discloses a general (average) immunity period which is not informative.
Hopefully, other pharmaceutical companies can disclose more information.
This means that we will need regular vaccinations just to travel abroad and this will reduce our travel desires because the side effects are undesirable.
The Aussie PM has stopped his strong-arm tactics and backed off from demanding an apology from China for tweeting a digital artwork that criminalizes the Aussie soldiers.
Why?
I believe PM Morrison faces tremendous pressure from the UK and US to retract his strong-arm tactics against China because the UK and US are afraid their atrocities in Afghanistan will be publicized too. The Afghans also had been accusing the UK and US of the same atrocities committed by the Aussie.
As we can see, the UK media released another picture of the Aussie's war crime after PM Morrison defiantly demanded an apology from China. The recent UK revelation was a subtle warning to PM Morrison that the UK had more information to release if he didn't back off.
The UK and US are trying to do some damage control now and Aussie has to take the downfall for this. Hahaha!
As we had stated previously, Trump was embarking on a self-preservation journey. He is trying to strike a deal with Huawei Meng now. Hahaha!
http://sg-stock.blogspot.com/2020/11/trump-is-embarking-on-self-preservation.html
Trump knows that China will go after him and his businesses once he steps down as the US President. Therefore, he is trying to exonerate himself now. Furthermore, the US is a dealmaking country and he will try to absolve himself from his criminal activities.
The USD index is below 91 now because of US easing policies and burgeoning debts.
http://sg-stock.blogspot.com/2020/09/the-usd-is-depreciating-just-as-weve.html
The US has just announced its bill to delist Chinese companies and this will impact its USD too.
The US investment banking sector will be directly impacted by this new bill because their businesses will be reduced significantly. Furthermore, the new bill will also reduce China's demand for USD.
The UK media revealed another criminal act of the Aussie soldier.
The Australian government dares not to criticize the western media for such expositions.
Hahaha!
https://edition.cnn.com/2020/11/27/health/us-coronavirus-friday/index.html
Dr. Fauci said that another 60K Americans would die by Christmas from covid.
The US situation is very dire but the stubborn Americans still don't heed his advice.
This coming X'mas will be a dark X'mas for the US.
Let me set the record straight. The brutal and merciless killings of Afghans by the Aussie soldiers had already been reported in the UK in early 2019. What did the Aussie do? They used innocent Afghans for target practices and also slit the throat of a 14-year old.
The UK government knew about the Aussie's atrocity a long time ago but chose to keep its silence and condone the heinous criminal war crime. Fortunately, a righteous lawyer tried to make this known and suffered an injustice. Where were all the human rights groups?
https://www.youtube.com/watch?v=_d2Msm_qJDI&t=6s
https://www.theguardian.com/australia-news/2019/mar/07/whistleblower-charged-with-exposing-alleged-military-misconduct-not-afraid-to-go-to-jail However, the world didn't take note of this until a Chinese artist created a digital artwork and this was tweeted by a Chinese government official. The world reacted because it was China who created the uproar but everyone should focus on the atrocity committed by the Aussie instead. Let's not lose our focus and make sure that the Aussie doesn't commit such a war crime again.
Looking at this from a positive light, the world is paying attention to what China is saying nowadays. Therefore, if someone wants to send a message to the world, he/she has to go through China. Hahaha!
https://www.asiaone.com/world/american-study-finds-signs-coronavirus-us-china-outbreak
The US CDC has spoken the truth after Trump's presidential loss.
The US CDC confirmed that the covid virus was present in the US prior to the Wuhan outbreak.
We had already stated this in our numerous postings.
http://sg-stock.blogspot.com/2020/09/the-truth-behind-covid-19-outbreak-is.html
The brutal and merciless killings of Afghanistan youth and adult were committed by Aussie but the human rights groups pretended not to see it. Instead, human rights groups prefer to call on the US to stop arms sales to UAE.
http://sg-stock.blogspot.com/2020/11/wow-someone-has-projected-that-us-stock.html
Since we have a very high viewership for this post which makes it into our top 4 postings in just 3 days, we will comment further regarding this financial crisis prognosis.
In order for this phenomenon of a stock market crash of 40% by April 2020 and decades-long recovery to happen, we've envisaged the following events which must take place first before this prognosis will materialize.
A good vaccine must have 3 requisitions: Effective, Safe and Sustainable.
Currently, many vaccines are in phase 3 trials and are deemed to be effective and safe. The only big unknown is the sustainability of the immunity since it takes time to verify the immunity period. If the immunity period is only about 6 months after vaccination, we will need to take this vaccination on a regular basis especially when we need to travel abroad. This will reduce our travel desire as the side effects of the vaccination can be quite severe, particularly for the 2nd dosage as stated in the phase 3 trial insofar.
The westerners are still unwilling to wear masks and maintain social distancing. This will create another big outbreak after Christmas since the vaccines will most likely be available in Q2 2021. There are many consecutive days of more than 100K Americans getting infected daily now in November 2020 which shows that the virus outbreak is already getting out of control. Joe Biden can only implement the harsh measures as recommended by his adviser to contain the pandemic after 20 Jan 2021. One of the toughest measures will be to lock down the US for about 6 weeks to stamp out the virus.
https://abc7news.com/michael-osterholm-us-lockdown-nationwide-is-under/7896126/
This lockdown will decimate the US economy and cause a big stock market crash, and the recovery will take decades because of the imposition of a new and permanent travel restriction (vaccination requirement). The world will never be the same again after this pandemic.
This is the first time that a timeline has been projected for a market crash. A 40% fall by April 2020!
Another highlight from this bold projection is the US stock markets won't recover from this crash for decades.
We had predicted a financial crisis but didn't put a timeline for it to happen. Let's see how this will pan out in the future.
http://sg-stock.blogspot.com/2020/10/another-constellation-is-aligning-and.html
NATO tried to shift and pin its reprehensive act on China when the fundamental cause of the war was orchestrated by the US. We had stated pr...