Personal anecdote sharing and rumblings
In general as fact I lost huge amount of money (compared to MINE situation) in stock trading as a rookie. However, as a completely rookie started from learning essential Daily trading indicators, a record of 40/200 (loss Vs gain) in trading frequency during a period of roughly one year, it should be not bad I assume. (Don’t remember the exact number if you expect 100% accuracy🤦♀️)
Beside learning the dynamic of stock market (A share), I focused more on business itself (intrinsic potential). Therefore, I don’t think I have any nerve to comment on stock market, but purely on business potentials and models, though i do understand the existence of Zombie firms. (水至清则无鱼)
While slow pace of economic growth as a positive expectation, I like focusing on how to benefit more so that together to solve issues that faced by most.
Needless me to bullshit any more about interest rate or inflation, but how to support regular people like me to lead a comparatively OK lifestyle.
Lowing the cost in general while hopefully global economy as a whole keeps moving forward instead of backward. Transformation at industrial level is necessary.
As a Chinese I assume it’s more suitable for me to share a piece. Although China still needs exportation as a part of its economic growth (because of its domestic increasing demand for Quality goods at the sideline), its technological advancement Comparatively offers its a role of teaming up with neighboring regions for purpose of lowing cost at consumer ends. For instance raw material processing, etc. Meanwhile, enhance technical skills of youngsters for better lifestyle and expectation, in which the desire and capability of consuming at higher end market might become more visible in return.
Eventually, it might be helpful to support consumers with higher value currency in maintaining their lifestyles, while counterparts with lower value currency can extend their lifestyle ranges along with their accumulating disposable incomes. Personally, I assume this is a method/strategy that can be duplicated basing on the Uniqueness of each region. (Please correct me if am wrong)
Btw, while the more intensified business cooperation taking place, the oil or whatever usable energy consumption would go up accordingly. Things/goods need to be transported, right?! Every asset should be well exploited before its expired date.
Anyway, that’s the end of the rumbling of today, Hopefully.
(Except 🦃 coming to me for some tongue activities which i can learn at the same time though i have a biological shortage in this expertise)