https://sg.finance.yahoo.com/news/indias-flagging-economy-draws-dire-022358211.html
The belligerent India is heading towards a hard landing. Instead of focusing on developing its economy, India prefers to fight with its neighbours and waste unnecessary military spending on buying military weapons.
We did give a precursory warning on India recently.
http://sg-stock.blogspot.sg/2017/09/india-economic-growth-is-declining.html
Friday, September 29, 2017
Venezuela president is urging its military to get ready for USA invasion!
https://www.rt.com/news/404791-maduro-tanks-threats-us/
The USA is creating troubles again! This time is with Venezuela.
We did post about this in our previous posting.
http://sg-stock.blogspot.sg/2017/09/usa-is-trying-to-topple-venezuela.html
The USA is creating troubles again! This time is with Venezuela.
We did post about this in our previous posting.
http://sg-stock.blogspot.sg/2017/09/usa-is-trying-to-topple-venezuela.html
Thursday, September 28, 2017
Nokia 3310 is available in 3G now! Yeah!
http://www.channelnewsasia.com/news/singapore/new-nokia-3310-3g-to-be-available-in-singapore-from-october-9258376
This Nokia 3310 is 3G ready which is different from the Nokia 3310 in other countries because the other Nokia 3310 model is only 2G ready which is unusable in Singapore.
It's a great phone for elderly. Heehee!
This Nokia 3310 is 3G ready which is different from the Nokia 3310 in other countries because the other Nokia 3310 model is only 2G ready which is unusable in Singapore.
It's a great phone for elderly. Heehee!
KGI Fraser is dead wrong about the FED staying put on the interest rate in December 2017.
I extracted this from KGI Fraser research report on 25 September 2017.
I believe KGI is wrong in its analysis and the analyst should be fired for the singularity thinking that is primarily focused on inflation.
Fed Chair Janet Yellen has indicated a very hawkish stance on future interest rate hikes in her latest speech. I predict that the FED will hike interest rate in December and nothing will stop her from doing so unless a war breaks out.
I believe KGI is wrong in its analysis and the analyst should be fired for the singularity thinking that is primarily focused on inflation.
Fed Chair Janet Yellen has indicated a very hawkish stance on future interest rate hikes in her latest speech. I predict that the FED will hike interest rate in December and nothing will stop her from doing so unless a war breaks out.
The US interest rate hike in December 2017 is a fait accompli.
FED Chair Janet Yellen said recently that she and her colleagues had misjudged and adopted the wrong monetary policies based on the FED preferred inflation target of 2%. Therefore, she would continue to gradually increase the interest rates in the future to rectify the mishandling of the economy and disregard the unachievable 2% inflation rate.
Now, we have another Fed governor supporting her.
http://www.marketwatch.com/story/feds-rosengren-backs-regular-and-gradual-interest-rate-hikes-2017-09-27?siteid=yhoof2&yptr=yahoo
Now, we have another Fed governor supporting her.
http://www.marketwatch.com/story/feds-rosengren-backs-regular-and-gradual-interest-rate-hikes-2017-09-27?siteid=yhoof2&yptr=yahoo
Trump US$5t tax plan won't get passed.
Why the US$5T tax plan won't get passed? The Senate budget committee has a policy not to increase the national debt by US$1.5T in the next decade. Therefore, the US$5T is way above this incremental limit. Trump has to cut his tax plan by US$3.5T and he doesn't know how to cut it.
https://www.thestar.com/news/world/2017/09/27/trump-republicans-propose-5-trillion-tax-plan-cuts-to-individual-and-corporate-rates.html
https://www.thestar.com/news/world/2017/09/27/trump-republicans-propose-5-trillion-tax-plan-cuts-to-individual-and-corporate-rates.html
Middle East will get messier now because the Turds voted for independence.
http://www.bbc.com/news/world-middle-east-41419633
Turds, supported by the USA, carried out a referendum and voted for independence. This referendum has definitely angered Turkey and Iran. Both have moved their military forces to the border and also conducted joint-military exercise.
The USA has lost control of the Turds as the Turds have defied the USA. This is the same situation with the terrorists. The terrorists were also groomed by the USA in the past and the USA lost control of the terrorists in the end.
http://www.presstv.ir/Detail/2017/09/25/536458/Iraq-Turkey-army-military-drills-referendum-independence-KRG-Kurdish-region
Turds, supported by the USA, carried out a referendum and voted for independence. This referendum has definitely angered Turkey and Iran. Both have moved their military forces to the border and also conducted joint-military exercise.
The USA has lost control of the Turds as the Turds have defied the USA. This is the same situation with the terrorists. The terrorists were also groomed by the USA in the past and the USA lost control of the terrorists in the end.
http://www.presstv.ir/Detail/2017/09/25/536458/Iraq-Turkey-army-military-drills-referendum-independence-KRG-Kurdish-region
Wednesday, September 27, 2017
Tuesday, September 26, 2017
Apple suppliers' stocks are falling by at least 10%.
https://www.bloomberg.com/news/articles/2017-09-25/iphone-disappointment-hammers-suppliers-fuels-taiwan-outflows
We did warn about such stock impacts on Apple's suppliers and manufacturers.
http://sg-stock.blogspot.sg/2017/09/iphone-8-sales-launch-is-disappointing.html
There was a report on Apple demanding its suppliers to scale back on Apple's supplies in view of the lacklustre sales.
http://bgr.com/2017/09/25/iphone-x-release-date-supply/
Apple shares also have fallen from its peak.
https://www.cnbc.com/2017/09/25/apples-iphone-x-pulls-shares-down-with-low-supply.html
We did warn about such stock impacts on Apple's suppliers and manufacturers.
http://sg-stock.blogspot.sg/2017/09/iphone-8-sales-launch-is-disappointing.html
There was a report on Apple demanding its suppliers to scale back on Apple's supplies in view of the lacklustre sales.
http://bgr.com/2017/09/25/iphone-x-release-date-supply/
Apple shares also have fallen from its peak.
https://www.cnbc.com/2017/09/25/apples-iphone-x-pulls-shares-down-with-low-supply.html
Monday, September 25, 2017
Japan will dissolve its parliament on Thursday for election.
https://www.reuters.com/article/us-japan-election/japans-abe-announces-snap-election-amid-worries-over-north-korea-crisis-idUSKCN1C0001
Japan will be having its election on 22 October 2017.
Japan stock market will be range bound for now as nobody is 100% confident that Abe will win in this upcoming election. It may turn out like the Trump presidential election win and the Brexit event.
We can only hope that NK will not test its H-Bomb in the Pacific Ocean as stated by Kim.
Japan will be having its election on 22 October 2017.
Japan stock market will be range bound for now as nobody is 100% confident that Abe will win in this upcoming election. It may turn out like the Trump presidential election win and the Brexit event.
We can only hope that NK will not test its H-Bomb in the Pacific Ocean as stated by Kim.
USA is trying to topple Venezuela government.
The USA is a real troublemaker in the world. It has been trying to topple the Cambodian government but is not successful so far and is targeting Venezuela now.
http://www.independent.co.uk/news/world/americas/cia-venezuela-crisis-government-mike-pompeo-helping-install-new-remarks-a7859771.html
One of the successful regime changes implemented by the USA was Ukraine because it spent USD$5B and 10 years in Ukraine. The USA was so proud about it and announced its involvement in public.
https://www.globalresearch.ca/washington-was-behind-ukraine-coup-obama-admits-that-us-brokered-a-deal-in-support-of-regime-change/5429142
http://www.independent.co.uk/news/world/americas/cia-venezuela-crisis-government-mike-pompeo-helping-install-new-remarks-a7859771.html
One of the successful regime changes implemented by the USA was Ukraine because it spent USD$5B and 10 years in Ukraine. The USA was so proud about it and announced its involvement in public.
https://www.globalresearch.ca/washington-was-behind-ukraine-coup-obama-admits-that-us-brokered-a-deal-in-support-of-regime-change/5429142
Sunday, September 24, 2017
PM Lee praised China HSR during his China visit in September 2017.
Just look at the stability of China HSR.
No wonder our PM Lee loves China HSR.
Sino-Singapore relationship is getting cosy!
http://en.people.cn/n3/2017/0924/c90000-9273013.html
Finally! We are getting cosy with China, beginning with the new round of military exercises.
SG has realized the threats from the BRI and decided to get cosy with China. SG has no choice because TPP is no longer available and our government has to participate in RCEP and BRI.
I hope that China will give the face and political credit to SG by participating in the KL-SG HSR under Singapore invitation.
Finally! We are getting cosy with China, beginning with the new round of military exercises.
SG has realized the threats from the BRI and decided to get cosy with China. SG has no choice because TPP is no longer available and our government has to participate in RCEP and BRI.
I hope that China will give the face and political credit to SG by participating in the KL-SG HSR under Singapore invitation.
Saturday, September 23, 2017
Baltic dry index - 1502
Today, Friday, September 22 2017, the Baltic Dry Index climbed by 32 points, reaching 1502 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.
US rig count - 935
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. fell by one this week to 935.
That's still up from the 511 rigs that were active a year ago.
Houston oilfield services company Baker Hughes said Friday that 744 rigs sought oil and 190 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Louisiana gained three rigs.
Alaska, New Mexico, and Texas each gained one rig. North Dakota and Oklahoma lost three rigs each, and Colorado lost two rigs.
California, Ohio, Pennsylvania, Utah, West Virginia, and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.
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