經濟,財務,統計學,數理科學與政治評論

Dear American people:

  Now we are facing the most jeopardized situation in the free world - an unsettled free market mechanism. In the free market, we know that people will buy a lot of narrow volatile financial products when facing fear. People will abandon any financial products with any possible large volatility when facing uncertainty. In the world of free market, we expect there is an mechanism helping us to tame down those uncertainty and embrace the chance of growth.

  I have to ask your pardon that I am a narrow volatility chaser. It is the reason why I expect the lower safer bond yield could bring lower cost for housing mortgage and other borrowing costs. BUT it may bring a disaster that the market loses faith on itself not to embrace the growth opportunity, especially when the world is facing the structural accomodation. Lately, we see the profit goes to the US affordable care (Obamacare). And we do expect the IT industries could against the wind and bring us some new big data applications. To connect all those appliances at home using IoT technology and facilities is a must-be evolution, but all those industrial development needs funding and investing.

  I hate to say the same thing could be approached by a big brother mechanism. Through the government's guideline, the industries could be funded and developed. But the overproduction and waste of resources could happen without proper market mechanism. It happens in the Eastern Asian and still goes on. But a free market mechanism may largely delay the development of necessary things - IoT and big data in the free world because of fear and uncertainty we face in stock markets.

  Dear American people, I have to urge you to embrace the change. It may bring you through some bumpy road. But if the market mechanism does any good to those evolutions, the result will be much better than a big brother guidance. It is a golden rule which always happens before. And it will still happen hereafter.