Ah back from a long weekend- Not much today- Market is happy because Biden will pump more money- Nobody cares about the exploding debt and the decline of the dollar- The US will pay a stiff price…we and our sons and daughters will pay in higher taxes and lower growth….but Continue Reading
[Daily] 2021/1/19
Thank You Jesus for a blessed day- Lot of wind in SoCal today- It was so strong that I was afraid it would send my chubby son flying away. The winds in SoCal are extremely dry and dusty. I came home and drank a lot of hot tea. I also Continue Reading
[Review] Zion Market
We were running out of fruits so we went to Zion Market. Zion Market is a Korean grocery store that offers quite cheap prices. Its fruits and meats are quite cheap for a good reason. Fruits are not high quality. Many have defects and bruises but they are very cheap. Continue Reading
[People] Yiran Fan
Yiran Fan was a fourth year PhD student of the joint finance and economic program at the University of Chicago. He was shot dead from a shooting spree. It really broke my heart because he died of senseless violence. He had so much ahead of him. Research is fun but Continue Reading
[Research] When Results Don’t Come Out as Expected
I love research but sometimes after almost a year of work the results don’t pan out. We realized that the data that we received was dirty. Of course…most data is dirty or at least needs to be cleaned somewhat- But we didn’t check as much because the organization that gave Continue Reading
[Investing] Twitter Fully Woke go Broke?
After banning Trump, Flynn, and others, Twitter stock dropped more than 10%. Didn’t Jack foresee this? Trump has 80 million followers and there is a lot of conservatives in the US. Trump is also popular abroad. He has fans in Hong Kong, Taiwan, and India (any country that is dealing Continue Reading
[Investing] 2021/1/13
Another interesting day, where markets want to go up up but can’t- Impeachment is out of control- the military is all over DC- Very uncertain times- but gold is not moving much- Today, I sold SLP, I bought it yesterday when it dropped 8%. I made good money with SLP Continue Reading
[Investing] 2021/1/12
What a crazy few days- I have been too busy taking care of my son 😀 It’s hard to trade when your son is screaming- priorities! Despite all the craziness with troops in DC, Trump moving around military bases, and Pelosi missing…stocks just want to go up…well, at least trying Continue Reading
[Economics] Goldman and Morgan Stanley to Punish Those Who Did Not Certify
Wow- 2021 is way out of control then I thought- First, we had the Capitol Hill rush. Then we had Facebook, Amazon, and Apple remove Parler. Then Goldman and Morgan Stanley vowed to not give money to those politicians who did not certify Biden. I don’t believe in conspiracy theories Continue Reading
[Economics] Food Shortage and Food Inflation
Vietnam buys rice from India… What’s wrong with that? Trade is good. But this shows the demand for food is increasing but the supply is somwhat limited. Third largest rice producer buying from the first rice producer shows that there is huge demand but limited supply. If food price goes Continue Reading