Category: Economy

Reading Time: 2 minutes Yesterday, with the launch of Apple’s new iPhone 15, some people noticed that Apple released a new USB C to lightning adapter. And, it’s going to cost $29 dollars. Such a rip-off 🙂 However, few people touted that Apple kept the iPhone 15 price the same as iPhone 14, while at the same time slashing

September 13, 2023

Reading Time: 8 minutes A touchy topic. I have been in the tech industry for almost 23 years, and I have seen my share of the layoffs. I saw the layoff very early in my career, and the most recent ones in last year or so (amid the big tech post pandemic layoffs). Layoffs are usually not pleasant. But

September 5, 2023

Reading Time: 6 minutes (Update 04-01-24) I sold a few surprising items last few days, things I didn’t expect to sell. A generic Fitbit charging cable : I bought it from Taobao in year 2016 as I lost mine in hotel in China. A filter for sun eclipse: a Mastercard souvenir in year 2017 we had sun eclipse. A

August 19, 2023

Reading Time: < 1 minute Or American consumers. I did not realized that the consumer credit card debt skyrocketed recently until I saw a year at Twitter. This chart has about 4 years of data: both the credit card loan and personal savings. The source of data is from FRED (I think it stands for Fed Research Economic Data): I

November 9, 2022

Reading Time: 2 minutes I heard a lot of inflation talk among friends recently. I think the CPI data kinda confirms it. The gas and food prices went up a lot in recent months. Last time we saw $4 a gallon gasoline, it was about 2012 or 10 years ago. The answer to “whom to blame” question, like many

May 20, 2022

Reading Time: 2 minutes (Update: 10-04-2023) The Olive Crossing apartments at Olive and 170 just opened as the Clover luxury apartment. I have a recent YouTube video on this. (Update: 09-11-2023) Yesterday I noticed the new Hilltop West development: My YouTube video when I walked by yesterday am, the Olivette City Website, and a Zillow link (and developer website,

December 18, 2021

Reading Time: 2 minutes What a week. Stock market indices dropped significantly in last 3 trading days of the week, following many events in the week. 1. Scott Brown won MA senate race No one see this coming until recently. Looking back this is actually easy to understand. A few days before the Tuesday election, I was thinking, if

January 23, 2010

Reading Time: 2 minutes the link to publisher here. author: Nomi Prins, formerly Managing Director of Goldman Also author interview by Vermont senator Bernie Sanders (I) at After Words (C-Span). There is a video link at the right. This book reminds something I read from Ruth’s Chris (Nasdaq:RUTH) 2008 annual report, Risk factors, bullet 5 (quoted below): Turmoil in

November 24, 2009

Reading Time: 2 minutes Some thoughts after reading Wang Jiansuo’s Craziness of Real Estate Market. 1) Fundamental: demand, new household forming, and demand to live better (more space). In the US (according to Buffett) 1.3 million household forms every year, while in the booming years they are building 2 millions houses per year. I don’t have China’s number. Note

August 27, 2009

Reading Time: < 1 minute Healthcare (excuse me, Health Insurance) reform debate has heated up lately, esp. in those contentious townhall meetings. One hot issue in debate is the Public Option (not the stock option, but rather a public choice for general public to buy). It seems to me this is losing steam recently, because of a mistake made by

August 21, 2009
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