Trends observed
- Worsening income inequality
driven by increased globalization and automation with failure in re-education as the primary cause
- Continued low worldwide interest rates as central banks the world over struggles to prop up inflation rate at 2%
- Rise in protectionism around the world in response to income inequality
Slowing trade volumes around the world
- Demand saturation at the upper income segments
Slowing demand for housing in South Bay
- Too much money chasing after too little deals
Related sources
- Conversations
Johnson Teh on challenges with central banks
- Yuan Luo on housing valuation in Fremont
- Sonya on falling housing valuation in the Bay
- Ketan on Softbank's immediate re-investment of proceeds from Slack's IPO
- Ketan on general fund availability within the bay
- [GIC's spare $33 Billion](https://www.bloomberg.com/news/articles/2019-07-03/gic-s-extra-33-billion-is-more-hard-work-in-tough-environment)
- [Fed Chair Jerome Powell's comment on systemic education failure](https://garyteh.com/2019/07/key-highlights-of-fed-chair-jerome-powells-testification-before-the-congress/)
- [Kai Fu Lee warning on growing irrelevant class](https://garyteh.com/2019/07/book-summary-ai-super-powers-china-silicon-valley-and-the-new-world-order-by-kai-fu-lee/)
- [Yuval Noah Harrai's concern on the irrelevant class](https://garyteh.com/2019/07/mark-zuckerberg-chats-with-yuval-noah-harrai-on-the-future-of-ai/)
- [Singapore heads into recession due to severe drop in trading volume](https://www.bloomberg.com/news/articles/2019-07-12/singapore-s-economy-contracts-sharply-as-manufacturing-slumps)
- [Hedge fund consolidation](https://l.facebook.com/l.php?u=https%3A%2F%2Fwww.businessinsider.com%2Fhedge-fund-data-buyers-at-alternative-data-conference-battlefin-2019-6%3Ffbclid%3DIwAR3y0VMEOy-mXB7thFiRiW0U6IATg3lW_5OC_rU0N8P6yaDugx15xMt1Bjg&h=AT2j7DAxqwbzHIhKPkvDMjJ3EbAvCfKPRgiHrysSJogWiTnIY5upu-798AGF1h3MTYwj41csajQW5boTNV64hR8njwFTTNawO1lUYgmVQmBbkxsz2OyrXGAW-CdgYScF5r-xyqQMLI2tCvSVbVNwrE7GwFPRLl_T7nFrBMU4D4LDENPJ7TE_U4tSz3VnWHxMQil-R1GYo9SzyYEiRpRsw6gcJMXj8Ktn-uhj2PBFf4z6fQHb34NBX_HC3fi17ti9S0TZnghqM6z0cqhcBkGQb2pU0CUAZt__eHsb8rdp7rVr1RAtmMWeI4VyYZvMjGRF-O6cEPM68Px2bNZKD1C0YH8eBd1xEAzv879lZrLgW7dGQ1oMgcL141lK4N4quv9GQJ3urAUmd1ItY8XxYe9g80-xJwcacAKon2qkMChV3FbFAPqsjcE4J2COAGkpd8-x4owQECWd)
- [Slowing volume of Chinese fund availability in the Bay](https://www.politico.com/story/2018/05/22/china-us-tech-companies-cfius-572413?fbclid=IwAR15CmgWLppQAY08E0eUdPW7t5znX2fWeg1vd5JQ1edZ9j8vYHDTi9PC1Q0)