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
- Fed Chair Jerome Powell’s comment on systemic education failure
- Kai Fu Lee warning on growing irrelevant class
- Yuval Noah Harrai’s concern on the irrelevant class
- Singapore heads into recession due to severe drop in trading volume
- Hedge fund consolidation
- Slowing volume of Chinese fund availability in the Bay