Saturday, December 19, 2020
China will surpass the US GDP in 2028 and exceed the combined GDP of the US & Japan by 2035.
Friday, December 18, 2020
Thursday, December 17, 2020
Singapore's Nodx declined 4.9% in November 2020.
Year on year changes (YOY):
November 2020: -4.9%
October 2020: -3.1%
May 2017: -1.2%
Apr 2017: -0.7%
Mar 2017: 16.5%
Feb 2017: 21.1%
Jan 2017: 8.6%
Wednesday, December 16, 2020
Australia is just trying to act tough against China by putting up a farcical show.
https://sg.finance.yahoo.com/news/australia-ups-ante-china-trade-045502100.html
The Aussie is just putting up a show because the WTO appeal court has already shut down.
The appeal court is closed temporarily because it doesn't have at least 3 judges to preside over a case now.
Does the Aussie know this? Yes! However, it still files an appeal despite knowing that the appeal court cannot accept the case.
Why does Australia do this then? It is just trying to act tough against China with a farcical show.
Tuesday, December 15, 2020
Why was it ridiculous for the US to accuse China of stealing its vaccination research materials? - Part 2
https://finance.yahoo.com/news/moderna-covid-19-vaccine-documents-000548533.html
I knew that the western world would do something like this and this was the reason that I published such a post much earlier.
http://sg-stock.blogspot.com/2020/12/why-was-it-ridiculous-for-us-to-accuse.html
I felt that we must be able to differentiate the different approaches used by the west and China so that we would know the truth. In a nutshell, the west used an incomplete virus vaccination (new) method while China used an inactive virus vaccination (traditional) method. Therefore, these 2 vaccination methods are completely different and it won't make any sense to steal the research materials from each other because doing so would not help to improve their vaccination researches.
Monday, December 14, 2020
The Washington riot is not a precursor to a civil war in the US.
Some people were saying that the US might have a civil war but I didn't think so. Why?
I don't think there will be a civil war in the US just because of a presidential election outcome. This is not a valid reason worth dying for in a civil war. There will only be protests and riots inflamed by those people who cannot admit defeat. A civil war will happen if a US state is trying to gain independence by force but this is not the case here.
I think Trump is upping his ante as the presidential handover gets closer. The US judges have been rejecting Trump's quixotic election claim and he has to do something to exonerate himself from his criminal activities. Like I said before, he's just embarking on a self-preservation journey because he knows too well that the US is a dealmaking country. If the protests and riots spread across the US, this will only benefit Trump because he can invoke the emergency law to take control of the US and prevent the presidential handover. Therefore, the escalation in the riots will give Trump his bargaining chip to negotiate with Biden and Biden may relent for the sake of a peaceful transition and economic growth. Let's watch how Biden will handle this. Is Biden going to nip this in the bud by having an early negotiation with Trump or let the riots escalate and spread across the US?Saturday, December 12, 2020
Why was it ridiculous for the US to accuse China of stealing its vaccination research materials?
If you have a good basic understanding of how things work, you will know who is lying or smearing. Therefore, I will explain briefly the vaccination researches adopted in the US and China.
The US pharmaceutical companies are using the mRNA method (new) to produce their covid vaccinations while China is using the tried and tested method (traditional) of using an inactive virus to produce its vaccinations.
In layman's terms, the mRNA process is to retain some parts of the genome that won't change and remove the parts that will change from the genome. Therefore, the incomplete virus with consistent parts will make the body recognize the "virus" and trigger the immunity to kick in. Since the modified RNA strain is not a complete virus, it cannot harm the body like a complete virus does.
The traditional method of using an inactive virus works in a completely different way. The process is to inactivate a virus by preventing its replication process or blocking it from latching itself to DNA. In other words, the inactive virus becomes incompetent and cannot replicate itself in a body because the transmission process is blocked. Therefore, this inactive virus will make the body recognize the virus and trigger the immunity to kick in but it will not harm the body since it cannot replicate itself in the body.
Since the US and China use different approaches to produce their vaccines, it doesn't make sense for China to steal US vaccination research materials as China cannot use such irrelevant materials to improve its vaccines. There is also no need for China to steal the US vaccination's data because the US has to reveal the efficacy rate, side effects, and immunity period for usages.
Friday, December 11, 2020
Is the US stock market overvalued?
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?
It is ridiculous for 5 eyes alliance and India to demand for a backdoor for our chat apps.
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!
US fighter pilot took a clear image of a UFO!
This image was leaked recently and the picture was taken by a supposedly F18 pilot.
Thursday, December 10, 2020
The US inflation is coming! - Part 5
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
Wednesday, December 9, 2020
Tuesday, December 8, 2020
Omg! Immunity passports may be required for travelling in the future!
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
US CMBS is in a precarious situation now! - Part 4
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.
Monday, December 7, 2020
Wow! Indonesia is the first Asean country to receive covid vaccines.
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.
Is France getting the karma now?
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!
Sunday, December 6, 2020
The US will have a lot of Americans with low IQ after the covid outbreak.
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.
Wow! The latest China's quantum computing is 10B times faster than Google's quantum 53 qubits computer.
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!
Australia soldiers killed innocent people in Afghanistan! - Part 3
Saturday, December 5, 2020
Friday, December 4, 2020
Moderna's vaccination can last at least 3 months which is below expectation.
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.