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4 comment(s). Last comment by Johnzhang 2022-02-11 10:13

calvintaneng

50,388 posts

Posted by calvintaneng > 2022-02-11 09:15 | Report Abuse

Two of Nasdaq Fang stocks crashed by 20% to 30%

Netflix crashed
Facebook crashed

Fed raising interest rate will hammer Tech bloated valuation

Tech crash will pull down common stocks

Only tsunami shelter left is palm oil

Palm oil survived 1997/8 Asian Financial crisis

Palm oil did well during subprime crash of 2008/9

Stay very very very safe in palm oil

paperplane

21,473 posts

Posted by paperplane > 2022-02-11 09:18 | Report Abuse

PALM OIL yes, partly hedging inflaiton. But they are now bothered by ESG issues, forced labor things. Look at SIMEPLANT.....

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-02-11 09:59 | Report Abuse

Interest rate hike and Fed tightening will not affect the real economy and the traditional sector like agriculture . It will adversely affect the over valued capital market especially stocks with lofty valuations and only sell the growth story.

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-02-11 10:13 | Report Abuse

ESG my foot ! Millions of poor people in underdeveloped countries are earning meagre income that is not enough to provide for the family’s very basic needs! The foreign labours in the plantations are earning $2-3,000 per month and able to provide foods, shelter and education to the families back home.
Largely because of ESG backlash, oil price and food price skyrocketed and the millions of poor sink deeper into poverty.
Anyone is sending ESG free money to help all these poor families immediately??
Many ESG hiprocrates around

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