Friday, April 1, 2016

Today's financial news

News are repeating itself.
* The unemployment is improving. 5% is full employment for practical use. The median salary is still lower than 2007. The Fed has agreed to hike the interest rate 2 times this year, so the job figure may not be as important.
* China should invest in technologies and energies. Hotel should not be their major consideration. As posted many times before, do not let Japan's 'corrective' actions fool you. It is a hopeless case.
* After almost once every year for the last 5 years (3 cruises), I would skip a vacation to Europe this year. I still like to see eastern Europe sometime.
* Obesity is alarming. So are drug and alcohol addictions. How many deformed babies are caused by these. When a country is rich, its citizens become permissive. Well, it fits into my Coconut Theory. When we have too many coconuts (resources) for a easy life, work is not our primary objectives but how to enjoy life. We're the victims of our own success. Right?

No comments:

Post a Comment