Category: US / Dollar related
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Meta and Twitter are becoming a smaller company (headcount wise…)
You must have read, somehow. You may be surprised. You may be thinking if this is a global phenomenon. Well, these two companies have been on the news every day. One is helmed by Mark Zuckerberg and the other by Elon Musk. No idea if both are great friends but they have decided that in…
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China’s GDP will surpass the U.S. by when?
China’s a very important trading partner to Malaysia and ASEAN too. In fact, ability to speak Mandarin is likely to be a great booster today because China is already the world’s second largest economy and in terms of actual comparison, China’s economy is bigger than the economy of Germany plus the UK plus India plus…
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How dominant is the US Dollar? Why is it needed for trade?
How dominant is the US Dollar? When country A needs to buy goods from country B, it has to pay country B in country B’s currency. If it uses country A currency, then it’s not usable in country B. However, it may be hard to determine the value of country A’s currency versus country B.…
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When tenants need a place and the market is hot
When tenants need a place and the market is hot. Remember yeah, when Covid-19 becomes endemic, the market will still return to norm. Graduates will still be working in bigger cities. They will be moving in from smaller towns. Maybe now would not not be the best time to move into a new job in…
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1H 2021 is positive for price index across the world is positive. Possible?
1H 2021 price index across the world is positive. Possible? Actually I have written a few times but let me repeat on why property price increase is possible even when it seems that Covid-19 has caused people to lose jobs. The economy depends on the people who continues to earn and continues to spend. They…
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Bad news. Millions of Americans may face eviction soon.
Millions of Americans may face evictions soon. Deadline is tomorrow. This is the full article as per themalaysianreserve.com Millions of Americans could find themselves homeless starting Sunday when a nationwide ban on evictions expires. This wave of evictions come as rental housing is in high demand in the hot real estate market. US President Joe…
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64 sq ft home is all it takes to feel safe and comfortable and “it works”
Many years ago, a friend told me that she was going to go to Singapore to work. I asked her many questions and one of the questions were about her accommodation. She said she will get a room in Singapore for SGD300 (RM931) per month. I asked why so cheap because typical room rental is…
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Home prices jumped 14.6% yearly is not something to be happy about.
This home prices increase is definitely not in Malaysia yeah. We are much closer to ‘nothing moves’ versus a double digit price increase. The typical pay increase for America in 2020 was 3% or less. This is as per PayScale’s 2020 Compensation best Practices Report. Do read the full article in thebalancecareers.com So, how much…
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Property prices around the world. Let’s look at latest news from 4 places?
Property prices around the world? I have presented many times that I like the Malaysian property market because we are considered a laggard. The reason is simple. By looking at all the happenings at the advanced property markets and understanding what’s happening over there will give us an indication of what may happen here. Of…
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Actually, do you need a US$595 million salary yeah?
Who earns a salary of US$595 million (RM2,538 billion)? Well, only one man currently. Let’s have the details later. However, I actually wanted to ask if there should be any CEO who should earn so much money, even assuming his company is REALLY so profitable… Think a little yeah. If he earns 2% lower which…
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What is ‘slight fatigue’ for the share market?
According to Oxford dictionary via google, this is the meaning of fatigue. “extreme tiredness resulting from mental or physical exertion or illness.” Well, if this is used to describe the share market, should we be running away in the near future? According to financial-dictionary.thefreedictionary, fatigue is described as “Exhaustion”. When used in the stock market…