Wisdom of the Crowd - New Issues

1. Who will win the war in Ukraine?
2. Will China help Russia in the Ukraine war?
3. Will the Russian economy collapse?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Wisdom of the Crowd

 Vote on these issues and win a prize.

https://tklcloud.com/Crowd2/active_issue.aspx

WOTC - Inflation

 Wisdom of the Crowd: 80% of the respondents said that inflation is too high and should be moderated.

https://tklcloud.com/Crowd2/chart3.aspx?id=2681

Wisdom of the Crowd - New Issues

1. Should the govt assist home owners by keeping the property prices at a stable level?
2. Should full time NS be reduced?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - Use of POFMA

 Wisdom of the Crowd: 88% of the respondents said that the ministers should use POFMA only on extreme and deliberate cases of misinformation.

https://tklcloud.com/Crowd2/chart3.aspx?id=2680

Collective sale failed again

 This collective sale of a condo almost went through, but failed due to a last minute hurdle.

https://tklcloud.com/Feedback/feedback2.aspx?id=5487

Wisdom of the Crowd - New Issues

1. Should children be required by law to take care of their parents?
2. Do you support the repeal of section 377A?
3. Should society continue to discourage same sex activities?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

AI and image processing

I met a business owner. He is involved in an AI project to identify the objects in a large collection involving over 10,000 objects.

His AI team encounter difficulty. He asked if I could help.

I told him that my expertise is in processing of data in a database. I am not an expert in AI or image processing. 

I searched Google and found that there are many tools available to do image processing and provide the results. 

I told the business owner that his AI team probably encounters problem in analyzing storing the data into the database and retrieving them in an efficient way. This is the area of my expertise. 

I appears to me, at this stage, that the challenge of AI and image processing may be solved by efficient processing of data in the database. 

Wisdom of the Crowd - New Issues

1. Should Singapore fly our flag at half mast to show our respect for Queen Elizabeth?
2. Should PM Lee attend the funeral of the former PM of Japan, Shintaro Abe?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

Skyrocketing HDB flat prices

33 HDB flats were sold in August 2022 for more than $1 million.

This is a classic panic situation.

This is how a bubble builds up.

It can happen to any market.

The HDB property market is just one of them.

Why?

There are more than 1 million HDB flats in Singapore.

There should be more than 100,000 owners of flats in the category that are being sold for over $1 million.

With rising prices, most of the owners prefer to wait and see the prices go up further.

Only 33 were willing to cash out.

There must be several hundred buyers who are willing to pay more than $1 million.

Suppose 500 owners decided that they better cash out in this hot market.

The price will drop below $1 million.

This should also happen when the govt decides to increase the supply of HDB flats.

The era of million dollar flats may be temporary, or transitory.

With rising prices, most of the owners prefer to wait and see the prices go up further.

Tan kin Lian

Rebound of the US stock market

 The US stock markets is depressed. The economy is in trouble and inflation is high. Incomes have dropped and cost of living is high.

Against this backdrop, the US stock market rebounded last night. The investors bought shares because of a small dip in the bond yields.

The real reason, TKL suspects, is that there is too much money lying around. The US govt printed a lot of money. The money has to be invested somewhere.

Many investors are waiting to buy stocks at depressed prices. There is an oversupply of money that needs to be invested.

What will happen from here? Nobody knows. It could be a "dead cat bounce" and the stock market will plummet again. It could also be a recovery.

My financial crystal ball ECB is also confused. He said - Boss, the stock market may crash, but may also recover.

What kind of rubbish expert is ECB?

Tan Kin Lian

Wisdom of the Crowd - New Issues

1. Why does China continue its covid zero policy?
2. Who is likely to win the next general election in Malaysia?
3. Will former PM Najib receive a pardon?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - PAP at next GE

 Wisdom of the Crowd: 100% of the respondents said that the PAP will lose votes and seats at the next general election (Shhh. Only 12 people voted).

https://tklcloud.com/Crowd2/chart3.aspx?id=2677

BTO flats in Ang Mo Kio

 Did HDB make a profit on selling the BTO flats in Ang Mo Kio?

TKL shares his insignificant view here.
https://tklcloud.com/Feedback/feedback2.aspx?id=5484

Wisdom of the Crowd - New Issues

1. Should the minister use POFMA actively
2. Is inflation hitting the people badly?
3. Should the govt reduce GST and tax, to moderate the price increases?

Vote in
https://tklcloud.com/Crowd2/vote.aspx

WOTC - George Yeo

 Wisdom of the Crowd: 13% of the respondents said that George Yeo will be President of Singapore. The other 87% said that he will not play any role in the government.

https://tklcloud.com/Crowd2/chart3.aspx?id=2676

Move from Lazada to Shopee

 I will give up Lazada and move to Shopee for my online purchase. Here are my reasons.

https://tklcloud.com/Feedback/feedback2.aspx?id=5483

Evaluating risk

 I want to give this message to people who are paranoid about an unzipped bag or someone who forgot to wear a mask.

https://tklcloud.com/Feedback/feedback2.aspx?id=5482

Two transit cards in Singapore

 Two transit cards in Singapore - confusing and wasteful.

https://tklcloud.com/Feedback/feedback2.aspx?id=5481

WOTC - PM Lee's speech at ND Rally

 Wisdom of the Crowd: 88% of the respondents have a negative opinion about PM Lee's speech at the National Day Rally.

https://tklcloud.com/Crowd2/chart3.aspx?id=2675