BlogHide Resteemspaulwong (25)in travel • 7 years agoMT CRADLE NATIONAL PARK, TASMANIAVisited Mt Cradle National Park in Tasmania recently. Truly, a magnificent place with unparalleled beauty. IMG_9989.JPG ![IMG_0039.JPG]! (paulwong (25)in investment • 7 years agoWHAT TO LOOK OUT FOR IN 2018I do not own a crystal ball and therefore what I am writing is not a prediction of things to come, but certainly things which you can look out for in 2018 which can alter the economy and financial…paulwong (25)in economy • 8 years agoBAD DATA BUT STOCK MARKET POWERED ON TO REACH RECORD HIGHSThe disconnect between real hard data and hope continues to gap wider. Major indices continue to defy gravity even as Retail Sales fell -0.2% vs +0.20% expectations, Consumer Confidence fell to 93.1…paulwong (25)in economy • 8 years agoUS PENSION FUNDS AT THE EDGE OF A CRISISAt the expiry of midnight on Friday, Illinois failed to finalise a budget and with unpaid bills amounting to US$15B, it is effectively an insolvent state. Besides Illinois, Maine, Connecticut and…paulwong (25)in economy • 8 years agoMORE BAD DATA OUT OF THE US AND FED SPEAKSOn Monday, Durable Goods fell -1.1% m-o-m in May vs expectations of -0.4% Core Capital Goods fell -0.2% m-o-m in May vs expectations of +0.5% Chicago Fed National Activity Index fell -0.26 vs…paulwong (25)in travel • 8 years agoDORYKO GORGE, WAKAYAMA PERFECTUREPhotos from Doryoko Gorge. It is about 30 mins bus ride from JR Shingu Station. Boat ride was 2 hrs long. Nice scenery throughout the ride.paulwong (25)in economy • 8 years agoWHY SHALE OIL COMPANIES COULD BE IN DISTRESS IN THE COMING MONTHS IF OIL HOVERS IN THE US$40S RANGE PER BARRELThe following charts and information are obtained from www.silverdoctors.com Chart 1 shows that the highly leveraged shale oil industry in the US could face further headwinds when the redemption…paulwong (25)in finance • 8 years agoWHY THE FED'S "TRANSITORY"REMARK IS TOTAL DELUSIONWell so much for the Fed's "everything is transitory remark". Housing starts plunged -5.5% in May vs +4.1% expectations. Housing permits also missed expectations, dropping -4.9% vs +1.7%…paulwong (25)in finance • 8 years agoTHE MYTH ABOUT UNEMPLOYMENT CLAIMS AND THE NON FARM PAYROLL REPORTThe unemployment claims report is a total disconnect from the current labour situation in the US. It is no longer a reliable report to gauge the labour market in the US. Only full time employees…paulwong (25)in travel • 8 years agoNACHI SHRINE, WAKAYAMA PERFECTUREJust came back from a 7D6N trip to Wakayama Perfecture. All ground arrangement by myself, covering Wakayama City, Kii-Katsura, Nachi, Shirahama, and Shirasaki Kaigan via Japan Railway and bus.…paulwong (25)in travel • 8 years agoGRAND CENTARA FLOATING JETTY, KRABI DURING MONSOON SEASONAn incredible travel experience!paulwong (25)in economy • 8 years agoBENEATH THE US NON FARM PAYROLL OF 211K JOBSThe April jobs surprised on the upside at 211K jobs but like all previous gains, the majority are minimum wage jobs. The minimum wage jobs are not delivering the required wage to spur consumer…paulwong (25)in economy • 8 years agoDESPITE MACRON'S VICTORY, RISK PERSIST IN EUROPEWell the French election is over but it many risks still remain in the EU region. It remains to be seen how Macron will reunite a nation divided. To fail to deliver what he promised and too much of…
