Yes, it's time leaving Shanghai, Soochow and Hangzhou. No job, no bf, what is there to be nostalgic for? Really get going. Perhaps I should move to Beijing. Beijing is really koool, koooler than i ever expected. At least instead of being disappointed at the fact that nothing is going to happen, be sure that something may happen in Beiijng.
It's time leaving love crap behind and moving forward. But my lack of catalyst to drive me forward is of much concern to me. What the hell do I got and consistently chase for? 100% salary bump? a handsome life in which I enjoy myself? Take some time void those stupid admire, love, thoughts, even confidence or pretentious.
There was this guy I adored at the first sight. I was pretty sure he was into me too. But I mistakenly regarded relationship as an one-way street and , well, be retarded.
There is no way for me to understand any of the far-flung consequences triggered by unemployment. Looking to the past three months, I find it hard to resist the fact that my messy life keeps bashing me viciously over a long list of issues. What fleeing rats go through has been my experience. No wage was paid to me and I almost ceased to proceed with the job hunting thing, only no good response was received from recipients. On top of this, the large dip in the stock market eroded my savings in the fund account. Oh, perhaps one may asks, hej come on, there must be something good in your life, like your emotional life? You shit's brilliant.. That's the worst, never thought we could end all communication in this way. One of the perks for being single is countless freedom on hand, then celebrate it!
I have been awaiting someone to bail me out. As a result my ambition is wearing thin. Passing CFA Level II just served as the cardiac to bring about the momentary consciousness right before death.
BTW, I also had the hediously ugly hair cut and my lip has grown into a national forest.
I could be on a death row and have all these situations.
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Just realised it's been so long that I haven't penned something fun and stupid. The below article is intended solely for fun and representing my own opinion together with combination of other resources. It cannot be relied upon as being accurate unless being confirmed. I am not liable for any misstatement or inaccuracy. Reproduction or redistribution without prior authorisation will result in legal activities.
As seen the news report from Bloomberg, it quoted that MSCI ("Morgan Stanley Capital Investment") Emerging Market Index got this expensive since October 2007, immediately prior to the tumbling triggered by Lehman's meltdown. Over the last two quarters, the emerging markets outpaced developed zones by 1.7 times economic growth. Developing countries index led the first quarter rally this year. Shanghai added 25 percent and India jumped 49 percent, which contributed the MSCI EM Index outperformed the S&P by 15 percent. In my opinion, there are two cause-and-effect: Firstly the EM Index is highly volatile and bear a more risk-award threshold than developed countries. Secondly the government simulus package is taking effect. There is a however.
Take China for example. Catalyst to fuel China's economy generally falls into three parts: export, domestic consumption and investment. Looking to China's stimulus package, it apparently concentrated on some major infrastructure and fixed assets investment. This is severely questionable that it fails to leverage the proportion within investment and consumption. Investment is led by governmental solemnity and not sustainable. I strongly defend my opinion that causa sine qua non of long-term growth should increase the personal wealth, encourage consumption and enlarge the domestic demands. Therefore I feel so disappointed at the voice of IIT cut tapering off. Aside from this, a problem came to our attention is that much money is flowing into capital market and real estate instead of the real economy, which started to inflate the pricing and valuation level. Given much money has been infused into the market in tandem with the package, concerns on the side effect like expected inflation in the near future came out in the spotlight. I am not in the position to agree or disagree with the prevailing concern should divert to inflation control. But I think failing to address the potential bubble in capital market, expected inflation should be virtually certain.
One thing caught my eyeball yesterday. President Obama proposed a system called cap and trade, aiming at reduction of carbon emission. In addition, it's likely to empower the country to impose heavy tariff on those imported non energy efficient products. As a result, the tariff shoud certainly eliminate the competitive strength of energy-intense products manufactured in China. These companies should respond with savvy and expediency to make their transition to some energy-efficient production line. I regard this as a great opportunity to phase out low efficient systems and streamline the structure.
In view of this, I think the current rally is not well grounded. Over the last quarter, companies are experience de-leveraging and de-stocking period, as indicated from statistics like PMI. It's just the Shanghai index is going too far, in the context of slow rebounding economy. It leaves an open door for decline. Stock performance must be underpinned by strong earnings, we are anticipating the semi-year report release.The latest news releaves the Central Bank intends to rein in loans in an effort to sop up liquidity. This shows the bank is somewhat confident about the effect of stimulus package and considering tightening measures to avoid potential inflation concern. Someone even declared China is going through another phase of overheating economy. Who knows, we have to wait and see.
此餐厅坐落在长乐路上的一个幽静的小别墅里面,老板也是地地道道的法国人,貌似和CDG童鞋很熟了,一见面就像老朋友一样打招呼,当然说的是法语,偶也不知道讲乜..只能呆呆听着.装修风格我很喜欢,是法国乡村的风格,还有50年代法国乡村音乐的感觉.当然也在放着法国的乡村音乐,我不由的跟着动了起来,Peter童鞋还问我和美国的rock&roll感觉有什么不一样.席间我终于没忍住,问了CDG童鞋middle name 那个De是啥意思,是不是royal?.据说还是很长历史的,可以追述到殖民时代...汗.
The table below illustrates your subject matter strengths and weaknesses. The three columns on the right are marked with asterisks to indicate your performance on each question or topic area.
whilst a big event awaited me. I got the message at a cafe in Saigon and was told the grim policy our firm launched. No financial firms are exception, are all humbled by the deepening financial crisis. Just after a short spell of inactivity, taking no pay leave came into play, just rolled out in the spot light. Everyone is getting cold feet, rumors, anecdote are flying about, which is gradually eroding our passion and enthusiam for the upcoming peak season. I've never seen people this anxious and worried until I realised the financial turbulence was drawing near, besides me.
Things don't always work out as you wish. No one can tell the exact turnaround timeline, even Obama cautioned Americans the global economy is getting worse until recovery takes the hold. He was right, the US recession at the heart of the crunch shows no sign of letting up, neither does China's performance. A-shares index tumbled nearly 70% ever since it peaked in 2007 and is haunted by the sliding external markets, exports and worse than anticipated earnings of listing firms. Does it bottom out already? I am sure nobody can risk it irrationally. Investors became more risk-averse and conservative to steer clear of highly leveraged companies, in the hope to keep pace with index to deter from losing more money.
However, I took this suprisingly well, even facing sack and job jeopardy after Chinese Lunar New Year and knowing there is gonna be another wave of layoff. This by no means implies that it doesn't matter to me. Conversely I am feeling full force of the steep world and maintain vigilant to danger. Life is short when you've no time to recall and regret. Living our lives to the fullest are tatooed in my brain and recreational passion or anxiety can never cloud my rational judgment. Woe is not me, it's like I am holding an empty bag of IOUs with smile on the face all the same.
Fortunately US, Europe, Japan, China and all the rest of the globe are responding swiftly and taking into action some shovel ready stimulus plans. We cannot comment on how much they are gonna work, at least you can tell the policymakers are doing their jobs.
It's X'mas today. I am no christian and an infidelic atheist and can't appreciate the beauty of this holy moment and joy, even after I saw the episode of nativity of Christ. haha. Someone calls me pagan, yes I am. actually. I have faith in me. Well, I still want to wish those who reads this blog a very happy day and a prosperous new year, including me la, especially me la!!!
hehe, Envy Jay, he can remain a handsome life amid this crisis, writing some air-tight legal documents for distressful companies...I guess. I love that!
My no-pay leave plan is nailed down, divided into several parts: brushing up some derivatives, mastering complete command of VBA for financial modeling, re-reading the Moment in Peking and no shopping around.....
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