economy
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The End of America First? Stock Index Relative Value Analysis: US vs EU/UK/Japan
No, I am not talking about US administration policy before Biden’s, I am talking about stock index trend between US market vs other 3 major markets (EU, UK, Japan), which has been there since the great recession of 2008 for more than 12 years. I noticed it the first time around 2 years ago, but with latest Coronacrisis and turmoil in bond market lately, this trend might be about to change. Motivation In my previous article explaining the relationship between bond market and stock market by comparing 10-year treasury bond yield (risk-free rate) and
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Dancing Through The Coup: South East Asia through Myanmar’s Viral Coup Video
(Originally published in LinkedIn – February 2021) https://www.youtube.com/watch?v=a1SwzrcY9eE&feature=emb_logo In midst of Myanmar coup event, there is one video went viral: a video of an aerobic instructor Khin Hnin Wai dancing to the tune of an Indonesian song “Ampun Bang Jago”, unaware there’s a military convoy when the coup taking place. For many observers, there’s nothing more perfect than this video to show how interesting South East Asia really is. First, the “Ampun Bang Jago” is Indonesian music gaining popularity originally through TikTok. The music used by youths in Indonesia
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When The Clock Stop Ticking
(Originally published in LinkedIn – March 2020) Yesterday, WHO Chief, Adhanom Ghebreyesus announced coronavirus outbreak as pandemic. In his announcement, he explained that the number of cases outside China had increased 13-fold in two weeks and he was “deeply concerned” by “alarming levels of inaction”. One day after the announcement, global market reacted today with massive sell-offs that also affected commodity prices as well. The announcement seemed effective in alarming market participants over what they have been anticipating, another recession. The large difference this time than the last one in 2008, it can create a large both