Friday, November 4, 2016

On today's financial news

* 5% means full employment for the US in practical term. It could mean better economy and coming interest rate hike.

* Jet engine is not that easy to master. GE has a technology transfer clause for Chinese in buying its engines. The trick is building better and cheaper products with the money from China. It is a two-edged sword.

* I never like solar stocks. I invested in Chinese solar. The US ban drove the company to bankruptcy. US solar companies cannot compete with Chinese for the price and the EU for technology. I do not know how they can make money without the US rebates and subsidies.

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