ask yourself whether you have the chance to take up all your cpf money to enjoy in your life time if you make simple comparison between the two things
https://www.bankrate.com/banking/cds/cd-rates/
vs
https://www.cpf.gov.sg/member/infohub/news/news-releases/cpf-interest-rates-from-1-april-2024-to-30-june-2024
you will never be able to take up all your money in your  lifetime after the new changes
chartiskao ( Date: 25-Mar-2024 14:55) Posted:
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time for the world to sell down usd after the crazy rise this few days
https://www.nasdaq.com/articles/precious-gold-retreats-as-dollar-firms-but-set-for-weekly-gain
https://www.nasdaq.com/articles/precious-gold-retreats-as-dollar-firms-but-set-for-weekly-gain
chartiskao ( Date: 25-Mar-2024 14:25) Posted:
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when us stocks corrected in May 2024 the world put money in Gold
https://finance.yahoo.com/news/happen-gold-price-2024-octa-141038380.html
- Geopolitical Uncertainty: Gold is often viewed as a safe-haven asset during times of geopolitical instability or uncertainty. When geopolitical tensions rise, investors tend to seek out assets perceived as safe stores of value, such as gold, to protect their wealth from potential market volatility or adverse events. Increased demand for gold as a safe haven can lead to higher prices.
- Weakening of the U.S. Dollar: Gold is priced in U.S. dollars globally, so movements in the value of the dollar can have a significant impact on the price of gold. A weakening U.S. dollar makes gold less expensive for holders of other currencies, leading to increased demand for gold and higher prices. Factors such as monetary policy actions, economic data releases, and geopolitical developments can influence the value of the dollar relative to other currencies.
- Potential Interest Rate Cuts: Central banks, including the U.S. Federal Reserve, often use interest rate cuts as a monetary policy tool to stimulate economic growth or mitigate economic downturns. When interest rates are cut, the opportunity cost of holding non-interest-bearing assets like gold decreases, making gold more attractive to investors. Additionally, lower interest rates can weaken the value of the currency, further supporting the price of gold.
chartiskao ( Date: 25-Mar-2024 14:19) Posted:
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Gold is trading above $2,000 per ounce in early 2024. Analysts expect that even later in the year, gold prices may remain above $2,000 per ounce, reaching new historical highs. Among the factors favouring this are geopolitical uncertainty, the likely weakening of the U.S. dollar, and potential interest rate cuts.7 Mar 2024
chartiskao ( Date: 25-Mar-2024 13:35) Posted:
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When the United States Federal Reserve cuts interest rates, it can have several effects on the price of gold:
https://goldprice.org/live-gold-price.html
 
- Lower Opportunity Cost: One of the primary factors affecting gold prices is the opportunity cost of holding gold compared to interest-bearing assets like bonds or savings accounts. When interest rates are cut, the opportunity cost of holding gold decreases because the returns from interest-bearing assets become less attractive. As a result, investors may choose to allocate more of their portfolio to gold, increasing demand and potentially driving up its price.
- Weakening of the US Dollar: Interest rate cuts can lead to a depreciation of the US dollar. When interest rates are lowered, it becomes less attractive for foreign investors to hold assets denominated in US dollars. As a result, the value of the dollar may decline relative to other currencies. Since gold is priced in US dollars globally, a weaker dollar makes gold cheaper for holders of other currencies, potentially increasing demand and pushing up the price of gold.
- Safe-Haven Demand: Gold is often considered a safe-haven asset, particularly during times of economic uncertainty or market volatility. When the Federal Reserve cuts interest rates, it may signal concerns about the economy, prompting investors to seek out safe-haven assets like gold to protect their wealth. This increased demand for gold as a hedge against economic instability can also contribute to higher gold prices.
- Inflation Expectations: Interest rate cuts can also fuel inflation expectations, as lower rates may stimulate borrowing and spending, potentially leading to higher consumer prices in the future. Gold is often seen as a hedge against inflation, as its value tends to rise when inflation expectations increase. Therefore, if investors anticipate higher inflation following interest rate cuts, they may increase their exposure to gold, driving up its price.
https://goldprice.org/live-gold-price.html
 
chartiskao ( Date: 19-Mar-2024 14:07) Posted:
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when the dollar supremacy is challenged by china,russia,middle east and BRICs countries
https://www.cfr.org/timeline/us-china-relations
the conflict will never end until US continue to be number 1 globally
chartiskao ( Date: 19-Mar-2024 13:53) Posted:
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will US bankrupt china like what they did to Japan in the 80s
https://www.cfr.org/timeline/us-china-relations
https://news.cgtn.com/news/2019-07-11/Lessons-from-U-S-Japan-trade-war-of-1980s-IcWJh9RjAQ/index.html
chartiskao ( Date: 18-Mar-2024 16:24) Posted:
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https://www.youtube.com/watch?v=67L36F8qQks
chartiskao ( Date: 18-Mar-2024 16:10) Posted:
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https://www.forbes.com/advisor/investing/fed-funds-rate-history/
chartiskao ( Date: 18-Mar-2024 15:50) Posted:
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concerning trends in consumer credit card debt in the United States. According to the Federal Reserve, credit card debt has surpassed $1 trillion for the first time ever, indicating a significant accumulation of debt among consumers. Additionally, delinquency rates on credit card debt reached 2.77% in the second quarter of 2023, marking the highest level seen in over a decade.
These figures suggest that many consumers are struggling to manage their credit card debt, potentially indicating financial stress among certain segments of the population. Rising delinquency rates can signal economic challenges, such as job losses, wage stagnation, or increased living costs, which make it difficult for individuals to meet their financial obligations.
From a broader economic perspective, high levels of credit card debt and delinquencies can have implications for consumer spending, financial stability, and overall economic growth. Policymakers and financial institutions often monitor these indicators closely to assess the health of the economy and to implement appropriate measures to address any emerging risks or vulnerabilities.
 
These figures suggest that many consumers are struggling to manage their credit card debt, potentially indicating financial stress among certain segments of the population. Rising delinquency rates can signal economic challenges, such as job losses, wage stagnation, or increased living costs, which make it difficult for individuals to meet their financial obligations.
From a broader economic perspective, high levels of credit card debt and delinquencies can have implications for consumer spending, financial stability, and overall economic growth. Policymakers and financial institutions often monitor these indicators closely to assess the health of the economy and to implement appropriate measures to address any emerging risks or vulnerabilities.
 
Godwinlow ( Date: 13-Mar-2024 11:58) Posted:
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Behind the minority-investor movement at Great Eastern: BT Mark to Market (Ep 41) 
https://omny.fm/shows/bt-mark-to-market/behind-the-minority-investor-movement-at-great-eas
Concern to OCBC shareholders also
https://omny.fm/shows/bt-mark-to-market/behind-the-minority-investor-movement-at-great-eas
Concern to OCBC shareholders also
https://finance.yahoo.com/news/20-most-overpriced-housing-markets-115416686.html?fr=sycsrp_catchall
 
https://www.msn.com/en-us/money/realestate/heres-how-long-it-would-take-to-build-enough-homes-to-fix-the-housing-crisis/ar-BB1jB4vE
chartiskao ( Date: 13-Mar-2024 11:31) Posted:
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The shortage of houses in New York, like in many other major cities around the world, can be attributed to a combination of factors:
- Population Growth: New York City has experienced significant population growth over the years, driven by factors such as immigration, natural population growth, and people moving from other parts of the country seeking opportunities in the city. This increased demand for housing has outpaced the rate of new housing construction.
- Limited Space and Zoning Regulations: New York City is geographically constrained, with limited available land for new construction, especially in highly desirable areas. Zoning regulations and land use restrictions can further limit the development of new housing units, leading to a mismatch between supply and demand.
- High Construction Costs: Building new housing in New York City is expensive due to high land prices, stringent building codes, labor costs, and other regulatory requirements. These factors can discourage developers from investing in new housing projects, particularly affordable housing units.
- Gentrification and Luxury Development: In some neighborhoods, gentrification has led to the redevelopment of older housing stock into luxury apartments and condominiums catering to higher-income residents. While this can improve the overall quality of housing in these areas, it can also contribute to the displacement of lower-income residents and exacerbate the shortage of affordable housing options.
- Income Inequality: New York City has one of the highest levels of income inequality in the United States. Many residents struggle to afford housing due to high rental and real estate prices relative to their incomes, leading to a demand for more affordable housing options.
- Short-Term Rentals and Speculation: The proliferation of short-term rental platforms like Airbnb has led to the conversion of some residential units into tourist accommodations, reducing the supply of long-term rental housing. Additionally, speculative real estate investment can contribute to housing shortages by driving up prices without necessarily increasing the supply of available housing units.
chartiskao ( Date: 13-Mar-2024 11:28) Posted:
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2023 NYCHVS Vacancy Rate The core issue lies in the supply-demand imbalance. While the net housing stock grew by about 60,000 units or 2% -- a relatively high rate compared to recent decades -- supply still failed to keep up with the demands of the City' s new 275,000 households.8 Feb 2024
 
https://www.businesstimes.com.sg/property/new-york-unlikely-resolve-housing-crisis-year
 
The Bidenomics ' s biggest problems-housing and cost of living crisis
chartiskao ( Date: 12-Mar-2024 13:57) Posted:
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https://finance.yahoo.com/news/12-biggest-financial-scandals-us-163505711.html?guccounter=1& guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8& guce_referrer_sig=AQAAABXW0RvzTNwAm7EDZyT7ermTGcmAJ1kNJvv1GwDd9HpgNiIkSRb7ZFNkxVatJu78sG1Y0r6R5qBZr4NS8p0H9-PxEkEbZKWZ5va-xzgPrT3UTmZNAh6PTxSaexdxW9ieAIbCjd2MlnUuGpyLyNLn2hONzhfB4szctXlDjY5zkvV9
Enron Corporation, once one of the largest energy companies in the world, collapsed in 2001 due to massive accounting fraud and manipulation of financial statements. The company used complex accounting techniques and off-balance sheet entities to hide debt, inflate revenues, and manipulate its stock price. Enron' s executives engaged in fraudulent activities to deceive investors and analysts about the company' s financial health, leading to billions of dollars in losses for investors and employees when the fraud was eventually exposed.
The Enron scandal resulted in criminal charges against several top executives, including CEO Jeffrey Skilling and chairman Kenneth Lay. Enron' s auditor, Arthur Andersen LLP, was also implicated in the scandal and eventually collapsed as well. The case led to significant regulatory reforms, including the Sarbanes-Oxley Act of 2002, aimed at improving corporate governance, financial reporting standards, and accountability in the aftermath of the scandal.
While the Enron scandal stands out as one of the most significant cases of corporate fraud and stock manipulation in U.S. history, there have been other notable instances of market manipulation and fraud, including the Bernie Madoff Ponzi scheme and the manipulation of LIBOR (London Interbank Offered Rate) by major banks. Each case has its unique characteristics and impacts on the financial markets and investor confidence.
The Enron scandal resulted in criminal charges against several top executives, including CEO Jeffrey Skilling and chairman Kenneth Lay. Enron' s auditor, Arthur Andersen LLP, was also implicated in the scandal and eventually collapsed as well. The case led to significant regulatory reforms, including the Sarbanes-Oxley Act of 2002, aimed at improving corporate governance, financial reporting standards, and accountability in the aftermath of the scandal.
While the Enron scandal stands out as one of the most significant cases of corporate fraud and stock manipulation in U.S. history, there have been other notable instances of market manipulation and fraud, including the Bernie Madoff Ponzi scheme and the manipulation of LIBOR (London Interbank Offered Rate) by major banks. Each case has its unique characteristics and impacts on the financial markets and investor confidence.
 
 
 
 
 
chartiskao ( Date: 12-Mar-2024 13:53) Posted:
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Market manipulation refers to intentional efforts to interfere with the free and fair operation of financial markets to create artificial or misleading perceptions about the supply, demand, or price of a security. Here are some common forms of market manipulation that can affect stocks:
https://en.wikipedia.org/wiki/Bernie_Madoff
https://www.sec.gov/news/press/2006-19.htm
 
- Pump and Dump: In a pump and dump scheme, manipulators artificially inflate the price of a stock (the " pump" ) by spreading positive but often false information about the company or engaging in coordinated buying activity. Once the price has risen significantly, they sell off their shares (the " dump" ), leaving unsuspecting investors with overvalued stocks that subsequently decline in price.
- Spoofing: Spoofing involves placing large buy or sell orders with the intent to manipulate market prices. Traders place fake orders to create the illusion of significant supply or demand, influencing other market participants to buy or sell at distorted prices. Once the price moves in the desired direction, the spoofer cancels their orders or executes trades at favorable prices.
- Front Running: Front running occurs when a trader executes orders on a security based on non-public information, ahead of their clients' orders. By exploiting their privileged position, front runners can profit from the price movements resulting from their clients' trades.
- Wash Trading: Wash trading involves simultaneously buying and selling the same security to create artificial trading activity and inflate trading volumes. This deceptive practice can give the illusion of liquidity and attract unsuspecting investors, while the manipulators profit from the transaction fees and perceived market activity.
- Churning: Churning occurs when brokers excessively trade securities in a client' s account to generate commissions, rather than serving the client' s best interests. This unethical practice can result in unnecessary costs for investors and can lead to financial losses if the trading activity does not align with the client' s investment objectives.
- Insider Trading: Insider trading involves trading securities based on material, non-public information about the company. Insiders, such as corporate officers, directors, or employees, may exploit their access to confidential information to gain an unfair advantage in the market.
https://en.wikipedia.org/wiki/Bernie_Madoff
https://www.sec.gov/news/press/2006-19.htm
 
chartiskao ( Date: 07-Mar-2024 18:01) Posted:
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https://www.youtube.com/watch?v=bJF7mSMf_m4
https://www.investing.com/currencies/usd-sgd
https://www.investing.com/currencies/sgd-myr
https://finance.yahoo.com/quote/SGDCNH=X/
chartiskao ( Date: 07-Mar-2024 17:51) Posted:
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Billboard Hot 100: Every #1 song of 2023
- Brenda Lee, &ldquo Rockin' Around the Christmas Tree&rdquo
- Jack Harlow, &ldquo Lovin on Me&rdquo
- Taylor Swift, &ldquo Is It Over Now? (Taylor' s Version) [From the Vault]&rdquo
- Taylor Swift, &ldquo Cruel Summer&rdquo
- Drake feat. J. ...
- Drake feat. SZA, &ldquo Slime You Out&rdquo
- Doja Cat, &ldquo Paint the Town Red&rdquo
- Zach Bryan feat.
- https://www.straitstimes.com/singapore/politics/singapore-indoor-stadium-to-make-way-for-new-best-in-class-indoor-arena
chartiskao ( Date: 07-Mar-2024 17:48) Posted:
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USD/SGD - US Dollar Singapore Dollar
Real-time Currencies
Currency in
SGD
 
Disclaimer
1.3360
-0.0027(-0.20%)
 
Real-time Data
 
https://www.youtube.com/watch?v=lF1jMurIYHQ
 
https://www.youtube.com/watch?v=nkmNsAyqi1I
Temu&rsquo s Push Into America Pays Off Big Time for Meta and Google
The e-commerce platform&rsquo s parent company spent nearly $2 billion at Meta last year and it was a top advertiser at GoogleMeta Platforms&rsquo META 1.20%increase green up pointing triangle
  
top advertiser by revenue in 2023 was the e-commerce company Temu, an upstart discounter founded in China that has emerged as an increasingly potent force in American business.   
 
, the parent company of Temu, spent nearly $2 billion on advertisements last year at Meta, according to people familiar with the matter, surprising executives at the parent company of Facebook and Instagram. Temu also became one of Google&rsquo s top five advertisers by spending last year, according to people familiar with the business. 
A Temu spokesman disputed the $2 billion figure but declined to disclose the company&rsquo s spending levels at Meta.
The volume of advertising from Temu, which launched in 2022, has caught executives off guard at both tech companies, which have long been the dominant players in digital advertising. 
Temu, fast-fashion giant Shein and other online shopping platforms with Chinese roots are spending aggressively to reach American consumers, pushing up digital advertising prices, poaching logistics employees and delivering so many products that they have become a boon to the shipping industry.
The volume of advertising from Temu, which launched in 2022, has caught executives off guard at both tech companies, which have long been the dominant players in digital advertising. 
Temu, fast-fashion giant Shein and other online shopping platforms with Chinese roots are spending aggressively to reach American consumers, pushing up digital advertising prices, poaching logistics employees and delivering so many products that they have become a boon to the shipping industry.
The ensuing ad battle in the e-commerce space is welcome news for Meta and Google, helping the tech giants&rsquo ad businesses rebound after they were hampered by an advertising slowdown and new policies that hurt the platforms&rsquo ability to target ads. 
Meta&rsquo s stock price surged in early February after it posted its best quarterly sales growth in more than two years. Revenue from the company&rsquo s China operations nearly doubled last year, reaching $13.69 billion, a big reversal from the prior year, when revenue fell almost 3% to $7.4 billion. By contrast, revenue growth from U.S.-based customers was up only 5.5% to $49.78 billion for 2023.
Internally, Meta employees joked that they should thank Temu by sending them a hefty Temu gift card, a person familiar with the issue said.
Goldman Sachs estimated that Temu&rsquo s marketing spending contributed to an average loss of $7 an order in 2023.
&ldquo Temu is likely losing money on every sale, as it attempts to invest their way into a position in the marketplace,&rdquo said Brian Wieser, an advertising analyst. &ldquo If it doesn&rsquo t work, or if it decides that they&rsquo ve spent enough money on advertising,&rdquo that would become a headwind for big tech companies such as Meta. However, Wieser noted that because spending coming from China is so broad, a pullback by Temu wouldn&rsquo t make a significant dent in Meta&rsquo s overall growth. 
 
Google executives called out the growth in revenue from Asia in 2023 in its fourth-quarter earnings call. &ldquo We had particular strength in retail in APAC, a trend that began in the second quarter of 2023 and continued through the end of the year,&rdquo the company said in January. 
Google, part of parent company
 
, has also actively courted Temu&rsquo s business. Its sales representatives in China have discussed with Temu executives the impact of supply chain issues as part of efforts to monitor the company&rsquo s advertising spending levels, people familiar with the relationship said.
While Temu&rsquo s advertising playbook has concentrated on using online marketing to lure in customers, the company has also used TV&rsquo s biggest night of the year: the Super Bowl.
Temu dropped tens of millions of dollars on its Super Bowl marketing effort, which included airing several commercials during CBS&rsquo s broadcast of the big game. It ran a 30-second ad four times during Super Bowl LVIII and again during the post-game coverage. This year, brands paid roughly $7 million for 30 seconds of ad time during the Super Bowl, the priciest ad real estate on TV. 
Temu&rsquo s animated commercial, which touted &ldquo shop like a billionaire,&rdquo showed a girl dancing around and throwing out low prices. It was Temu&rsquo s second appearance in the Super Bowl after the company made its debut in the big game in 2023. 
Advertisement - Scroll to Continue
 
The Super Bowl ad barrage last month helped Temu generate plenty of buzz online. Temu was the second-most-mentioned Super Bowl advertiser this year on social media platforms&mdash after , which ran an ad featuring Beyoncé , according to Sprout Social. The social media analytics firm found that Temu had 40,448 mentions and 420,714 engagements, including likes, shares and comments on game day.
Not all of the buzz was positive.
Before the Super Bowl, multiple Republican lawmakers called on CBS to pull Temu&rsquo s ads from the lineup over its alleged use of forced labor. Temu has come under allegations that some of its products contained cotton sourced from China&rsquo s Xinjiang region. A 2022 U.S. law largely bans the import of goods tied to that region, where the U.S. has accused Chinese authorities of committing genocide and using forced labor in its repression of mostly Muslim Uyghurs. Beijing has denied the allegations.
&ldquo We strictly prohibit the use of forced, penal, or child labor,&rdquo the Temu spokesman said.
 
Shipping companies saw an uptick in Temu deliveries after it aired its Super Bowl ad.&ldquo We&rsquo ve definitely seen very positive growth from Temu. It does feel like it&rsquo s more post-Super Bowl,&rdquo said Andy Whiting, founder and chief executive of last-mile delivery company Better Trucks. The regional carrier delivers parcels in 21 U.S. cities such as Chicago, Milwaukee, Cleveland, Detroit, Houston and the metro area around New York. 
E-commerce companies ship 10,000 tons of goods a day by air out of China, and Shein and Temu account for more than 70% of the packages, Steven Wang, chief executive of e-commerce logistics company Baixiao estimated. In the U.S., Shein and Temu each ship an estimated one million packages a day, according to parcel-shipping consultant ShipMatrix. 
The volume of ads bought by Temu, Shein and other players is raising the prices of certain ad spots, according to some CEOs. 
&ldquo They&rsquo re spending a large amount of money on marketing,&rdquo Chief Executive Josh Silverman said in November. &ldquo I think those two players are almost single-handedly having an impact on the cost of advertising, particularly in some paid channels in Google and in Meta.&rdquo  
  &rsquo s CEO welcomed the big spenders during the company&rsquo s third-quarter earnings call. &ldquo Temu has been a nice&mdash I will not comment on any one specific, but just sort of Asian e-commerce exporters generally have been a nice contributor. But we don&rsquo t feel particularly concentrated or exposed there given that our strength in retail has been very broad-based,&rdquo he said. 
 
 
Sept. 2022' 23' 240255075 millionSheinTemu
Amazon
Meta Chief Financial Officer Susan Li told investors that although Chinese advertising has been strong this year, the level of growth in 2023 would be hard to replicate because 2022 spending was lower due to Covid lockdowns. She also said the market is broad. 
&ldquo Two-thirds of our China ad revenue came from advertisers outside the top 10 spenders in that country in 2023,&rdquo she said. &ldquo So even within that it is a diverse advertiser base.&rdquo
Shen Lu, Salvador Rodriguez and Esther Fung contributed to this article.
Write to Dana Mattioli at [email protected], Suzanne Vranica at [email protected] and Miles Kruppa at [email protected]
 
chartiskao ( Date: 06-Mar-2024 16:58) Posted:
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