try, and you will find out...
Social & environmental
There is a trend or a pattern in everything you do
The outliers will act beyond the given trend
The cosmic power is changing constantly and realignment and manifestation are norms
You need not outshine others in everything you do but you need to do it differently to achieve the desired results as the environment changes
Being stubborn, procrastination and being unyielding are negative (determination) whereas perseverance is positive. The former are emotional responses to a given situation whereas the latter is based on facts
As much as you detest and protest unpopular policies, they are there for certain purposes. If you wanna participate, you have to oblige the rules, not unlike you can only use legs for soccer and hands for basketball
Economy & the rich-poor gap
For the last 20 years or so, the gap between the rich and poor widens. Globally, the highest wealth rung controls $208.3 trillion in wealth, or 45.8% of the global total which is just 1.1% of the world adult population
In the last many years, improvement in productivity in Singapore has been minimal to nil with the heavy reliance of imported, unskilled foreign workers and the higher unemployed and underemployed local PMETs due to the loose labor policies which allowed many foreigners, even armed with unknown & ungraded Unis certs, to squad in Singapore to look for jobs. GDP growth were unimpressive
It is hateful to hear the leaders saying "Singapore do not have talents!" If Singaporeans are not given a chance to gainful employment, how would they ever be trained, let alone flourish into talents in their respective fields
Before 1997 HK-handover, many HKers were offered jobs and PRs in Singapore. Many came, made their fortunes, climbed the corp ladder but within 10 years or so, most went back to HK or migrated to greener pastures and leaving Singapore to hollow-out...
The non - transparency, accountability and 'ownself check ownself' policies have created a breach of efficiency and eroded the effectiveness that were once the proud trademark of Singapore's systems
2024 is a dynamic year and we are in the last quarter ~ Oct/Nov/Dec ~ the speed of change will accelerate and manifest
As the environment synchronize while the elements clashes, expect the unexpected - the more volatile, the more uncertainty, the greater the impact
Gossipy Stock Markets
In early Sep, 2024, in my blog, I opined that the western financial markets [DJIA, NASDAQ, S&P500] have been rising for the last 4-5years and chances of rebound to continue the uptrend is still alive but the eastern markets of China/HK had declined during the same period. On valuation, the East is cheaper and the smart money will follow the smell of cheaper valuation. [I have been more affirmative about the East after April, 2024 ~ in earlier blogs]
The last 8 days of rebound in China/HK markets were exponential & impactful
A word of caution:
Following the China/HK stock markets rebound in the last 8 days[exceeding the recent year highs], the East/West [DJIA, S&P500 & Nasdaq] capital markets are moving in sync.
Typically, when the markets move in sync, the next directional change will likely to be together and more impactful.
October/November are cyclically more volatile & traders' profits and losses are crystallize in this period; the trials and tribulations are experienced
No comments:
Post a Comment