joefranklinsrs

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by joefranklinsrs 8y ago
Could you link something that supports your opinion? As for me: US consumer confidence surges in August to 18 year high. https://www.theguardian.com/business/2018/aug/29/us-economy-... . Consumers wouldn
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by joefranklinsrs 8y ago
I haven't seen US economy this versatile and powerful in a long time, maybe since the 80s. This economy is diversified - manufacturing jobs used to be 32% in the 60s, now it is around 9% currently, but it is growing fast this year. W
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by joefranklinsrs 8y ago
> Investments in development and infrastructure are a good mechanism for long-term economic growth That's true up to a point where the infrastructure is facilitating economic movements and transactions. China has already gone past
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by joefranklinsrs 8y ago
Not everyone is from US, miss. Most people from other countries sees a concentration camp for what it is, a concentration camp. Some have parents or relatives that lived (or died) through those camps. And I wouldn't dare compare US&#
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by joefranklinsrs 8y ago
> future number one market That's highly unlikely given the current state, as US consumer is is about 1/3 of the world's household consumption https://www.selectusa.gov/largest-market , and is growing 3% th
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by joefranklinsrs 8y ago
Sure, keep an eye on shadow debt (10T - 20T), not included in official figures. It is what is crushing the small enterprises, builders, and manufacturers in China right now.
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by joefranklinsrs 8y ago
I see my comment about China touched a nerve :) there's no need to downvote me, this is just based on my personal observation, which is too long to be typed up, so I merely summarized it here. I'm not sure if anyone who knows what
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by joefranklinsrs 8y ago
Stay safe :)
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by joefranklinsrs 8y ago
> since you were probably in junior high. It's been a looooong time since I was in Junior High haha > I don't like the heavy handed interventions in any country but Japan is without a doubt the most reckless & crazy of t
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by joefranklinsrs 8y ago
I call BS on that :) I suffered a heat stroke in Yokohama a while back and many young people and even elderly came to my and took me to nearby hospital, where I got treatment for $10! Elsewhere in Asia, if you get hit by a car in China, no
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by joefranklinsrs 8y ago
Well, you could say the same about China, where the Chinese government is a major stakeholder, directly or indirectly of all the state enterprises and some of the biggest individual companies. Alot of the purchases of foreign companies and
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by joefranklinsrs 8y ago
This is purely anecdotal of course, but I have never had anything but the friendliest and warmest encounters in Japan while I lived there on and off for a few years. None of the gaijins (foreigners) I met had any issues neither. They are a
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by joefranklinsrs 8y ago
Just this morning Japan overtook China as the number two stock market in the world. Also, with the US interest rate going up and trade wars, money is flowing out of emerging markets back to stable economies. In this case, the Japanese savin
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by joefranklinsrs 8y ago
It’s simple; a lot of the QE from US left US and went to emerging markets, when there was an interest rate difference between those markets and US’s 0 percent. Overtime, the profits earned from those overseas investments stayed overseas. Ho
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U.S. Economy Grew at 4.1% Rate in Second Quarter(wsj.com)
2 points by joefranklinsrs 8y ago|0 comments
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by joefranklinsrs 8y ago
> commuting from Pittsburg/Bay Point? As I mentioned, the biggest job growth recently have been in east bay. You'll likely have good chances finding jobs closeby. > $680k will buy you in San Jose Google is heavily investing
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by joefranklinsrs 8y ago
You make compelling arguments. For me, a house isn't an investment but it's a place where I house my family. (sure, houses in silicon valley have gone up 1.5-2X in a few years. However, stocks have gone up 2-10X). If you'
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by joefranklinsrs 8y ago
I have lived in LA, New York, and Tokyo. They all have talents. However, it isn't created equal. The companies outside silicon valley aren't using the best technologies, don't have the best processes, don't use the bes
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by joefranklinsrs 8y ago
There are still alot of cheap real estates along the BART and caltrain stops https://www.estately.com/bay-area-home-affordability-transit... Pittsburg/Bay Point $430,000 Blossom Hill $657,000 San Jose $680,000 And the
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by joefranklinsrs 8y ago
Ignoring all the risk-tolerant VCs and angels, with billions (trillion?) of capital in the silicon valley ecosystem for a sec. If one simply looks at the big non-US tech companies development offices and hiring activities Rakuten: San Mate
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by joefranklinsrs 8y ago
It would be great if there was a way to rent original contents from different streaming sites. Let's say I want to rent 'Terrace House' and 'Sopranos' on the same night, this website would allow me to do that with
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by joefranklinsrs 8y ago
I think the market knows how healthy the US economy is. 4% growth in Q2, low 3.7% unemployment rate, labor market near full employment, rising interest rate and lower corporate tax has encouraged money to flow from emerging markets back to
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by joefranklinsrs 8y ago
I don't know how you were fasting (or if you actually tried fasting) I have been doing intermittent fasting 3 days a week, each time 24 hours, for 6 months. I've lost 35 pounds thus far. 1.) I am still doing the same weights as 6
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by joefranklinsrs 8y ago
If US is the beneficiary of the past few years of emerging markets deleveraging and economic stimulus, middle class is a big recipient of the benefits. For example, any middle class who invested in the stock market would have seen great re
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by joefranklinsrs 8y ago
Yup, you also want to look at macroeconomic conditions around the world, tech trends, demographics, etc. For example, 10 years ago we had quantitative easing done by US/Europe, which led to subprime loans. Now, all of the major econom
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by joefranklinsrs 8y ago
There are some other great numbers with respect to this full employment - In 2017 the combined reshoring and related foreign direct investment (FDI ) announcements surged, adding over 171,000 jobs in 2017. he U.S. had gone from losing net