I share my insignificant view on why the US dollar has not collapsed yet (instead, it has strengthened) but the collapse will happen over the next one or two years.
http://www.tklcloud.com/Feedback/feedback2.aspx?id=5490
Friday, September 16, 2022
Fairprice changed its business model
I share my views about the new business strategy of Fairprice and the launch of the Trust Bank in partnership with Standard Chartered Bank.
http://www.tklcloud.com/Feedback/feedback2.aspx?id=5489
Wisdom of the Crowd - New Issues
1. Will you support Trust Bank, set up by Fairprice and Std Chartered
2. Will Trust Bank, set up by Fairprice and Std Chartered, by profitable?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - Covid zero policy
Wisdom of the Crowd: 47% of the respondents said that China continued the covid zero policy to disrupt the global supply chain, which affects the western nations most.
https://tklcloud.com/Crowd2/chart3.aspx?id=2683
Thursday, September 15, 2022
Time to consider a new approach
Our ministers continue to adopt a compulsory approach and implement heavy penalties for non compliance. There are many instances where a voluntary approach may be better.
Wisdom of the Crowd - New Issues
2. Should it be mandatory to wear a mask on public transport?
3. Should it be mandatory for pedestrians to obey the lights at controlled crossings?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
WOTC - Moderate impact of inflation
Wisdom of the Crowd: 79% of the respondents said that 79 % - The govt should reduce GST and taxes for the time being, to moderate the impact of inflation.
https://tklcloud.com/Crowd2/chart.aspx?id=2682Wednesday, September 14, 2022
Wisdom of the Crowd - New Issues
2. Will China help Russia in the Ukraine war?
3. Will the Russian economy collapse?
Vote in
https://tklcloud.com/Crowd2/vote.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=2681Tuesday, September 13, 2022
Wisdom of the Crowd - New Issues
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=2680Monday, September 12, 2022
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=5487Wisdom of the Crowd - New Issues
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.
Sunday, September 11, 2022
Wisdom of the Crowd - New Issues
2. Should PM Lee attend the funeral of the former PM of Japan, Shintaro Abe?
Vote in
https://tklcloud.com/Crowd2/vote.aspx
Friday, September 09, 2022
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.
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
Thursday, September 08, 2022
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
Wednesday, September 07, 2022
Wisdom of the Crowd - New Issues
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
Tuesday, September 06, 2022
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
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