I am sure some will say, look into your own backyard when it comes to politics. Well, the average Malaysian is intimately involved and knowledgeable about our local politics. We are swimming against a huge tide but we know where we are and we can possibly see the light at the end of the tunnel (I hope).
But why bother about US election? I have always maintained that the US government is so well structured, with sufficient checks and balances that it is very hard for an idiot President to ruin the country... e.g. two terms of George W Bush would testify to that. But somehow, the thought of Trump being POTUS is quite unbearable - its like sending one of the privileged Kims (from North Korea) to head Unicef.
But to even consider that he could have enough nominations by the delegates is a major point of contention. How can an average person vote for him? That would indicate that there are sufficient rednecks, racists, with IQs below 90 around ... and thats scary.
Are we suddenly back in 1901???
It now looks like a forgone conclusion that Trump will get the Republican nod. Thankfully Hilary will get the Democratic nod. Thankfully many of the Democrats who sided with Sanders will eventually vote for Clinton. Thankfully there are a substantive number of Republicans who got out voted in the primaries who will vote for Clinton so that Trump does not get in.
To get an idea of the "value" Trump brings ... even Putin endorses him. What gives? Next thing you know Kim junior of North Korea will also endorse him.
Obama's election saw a huge turnout by blacks which helped him substantially. Trump has offended so many, blacks may still turn up but not as much as for Obama (mind you Obama will be campaigning too for Clinton) ... all minorities will turn out in droves to vote against Trump. Spanish speakers dominate many states, its just that plenty of them are not aligned to any party officially to make a dent in the delegates.
Why is POTUS important? Read below. But more, how is Trump going to deal with other world issues with his "summarise the arguments in two sentences" and just pick an option and go with it strategy. His proposed solutions are populist leaning, racist, over generalised opinions that border on stupidity ...
WHY AMERICA MATTERS ....
Thats the first thing you learn when you step into an investment career, but do we know why. I mean, we know its big, but just how big? This map shows clearly why. It dissects out the states of the United States and correspond that to a country with the similar GDP for that state.
Its an incredible map as it puts into perspective just how important that entire economy is ... its like over 50 countries .... That may partially explain why most Americans do not travel much, they have most of what they need there. For us, we may need to travel for business, but for them traveling within a few states there is like making business contacts with a few countries.
We also give Americans a hard time when we find out how few actually travel outside of America ... but just trying to cover a few states is already like covering a few countries, and each of the states are actually quite different in their make up and essence.
Thursday, March 17, 2016
Investing Funds I have spoken on this in the past. We have about 1,100 listed companies and the majority are the market capitalisation ...
Are we in a bull run? Of course we are. Not to labour the point but I highlighted the start of the bull run back in January this year... and...
(Farah Ann Abdul Hadi) There are tons of financial newsletters but the only one I read religiously is Maudlin Economics. ...