* I prefer quarter of prior year than quarter of last quarter for stocks due to seasonal adjustment. Commodities in the previous quarter was really bad but today they are getting worse. Indonesia's 5% is fine but not great compared to China's 10% (not any more) for a long while.
Usually the host country of Olympics does good in the market next year
after the event. There are exceptions but they have a good reason such
as Greece, a small country that should not host a world event. Brazil
really depends on the oil price next year.
future of employment looks dim in the long run: 1. computers and robots.
2. globalization (you can outsource all functions of a corporation to
foreign countries) and 3. high expenses in running businesses in the US.If
the youths do not have a marketable skill (plumbers and electricians
are marketable), they should prepare to flip burgers (I guess that is
why they have Burger University LOL) and collect welfare.
generation has its problems, but this problem is hard to fix.They
are talking about returning jobs to the US. It is all BS as the $20
wage can never compete with $1 per hour. Apple returns some jobs, but it
is used to cover their real face of making money.