what's the top US export to China?
soybeans
China to raise tax on US soybeans
#maketradewarsgreatagain
I agree, who buys at full price nowadays? [emoji28]
Sent from my SM-G935F using Tapatalk
gap shirts are just crap. it cannot last half a year..
Sent from my SM-G935F using Tapatalk
global synchronized growth is fading
assets are being / will be repriced globally
Who is Cardi b? Wow I feel so old
What about Uniqlo? Are they affected? It seems like everyone wears Uniqlo na. My officemates even came in once and they had the same top lol. I'm not a fan of fast fashion e
Sent from my GT-N7100 using Tapatalk
Fast Retailing Co. (owner of Uniqlo) seems to be doing ok
not great but ok
they still make more money in Japan
they're opening more stores internationally
expecting international sales to overtake domestic sales as more international stores open
1997 Asian financial crisis when the Thai baht entered into a similar freefall and outflow. Images of CEOs selling sandwiches still fresh.
Sent from my SM-N9005 using Tapatalk
Is the Philippines left in a vunerable position with it's borrowing spree for the so-called "buildx3"?
PH has room to borrow
but PH economy is already running hot and is in late cycle and it's going into a period of rising interest rates (global) with a large current account deficit which is not good
BSP should not be so dovish (one rate hike for the rest of the year?! seriously?!)
BSP should be on a tiightening bias if they want to avoid a downturn