Over in the US, Trump has made this a big topic. He’s pushing US telecommunication firms to roll out 5G as soon as possible. Trump is even talking about 6G already.
It goes without saying, investors should be buying quality. Surely, we should be trying to buy good businesses all the time? But there’s a problem.
This is nothing short of mind-boggling. Sales continue to climb, yet Uber continues to post losses. Why? Clearly, the company is dropping prices to maintain their market share. Here’s why this strategy isn’t sustainable…
No crowed cities. No family quibbles. No money. No private ownership. And here’s the best part, we put all the smart people in charge. This is the utopia Thomas More describes in his book.
Even simple ideas can lead to profits. This is not a game where the highest IQ wins. This is a game where emotional stability and rational thinking rules.
On the one hand, American consumers benefit from cheap Chinese imports. On the other hand, this put a whole lot of US dollars in the hands of Chinese.
It might be years, maybe even decades, before we see another black swan. That’s what China’s hoping for at least…
What happens when one country gets jealous of another country’s advantage? What happens when China wants to be India and Australia wants to be Japan?
Japan needs to make some structural changes. If they don’t they’ll be left severely disappointed, much like the investors buying Netflix today.
One smart cookie believes we should keep interest rates at zero. But how can we do that and not have crippling runaway inflation?
I’m not a technology nihilist. I don’t believe technology will rise up against us and thwart the human race. But tech of all shapes and sizes is pushing a lot of us out of jobs.
Process driven and highly repetitive jobs could disappear in your life time. It won’t all happen overnight. But in time, automation and robotics will take over a lot of these jobs.
A local strategy is usually one that dominates over time. And as we move to a localised world, I think these locally dominant companies are the ones that will benefit.
I don’t think Trump is up late at night reading Sun Tzu’s play book. But he’s fairing pretty well at trade warfare.
This whole trade war is pointless. The US is fighting a losing battle and China is fighting an unwinnable battle. Let me explain why…