296093
CHY 🅰️

@oxchy #296093

Financial Engineer, Stock trader, Web 3
380 Follower 712 Following
NTES - Leading gaming ecosystem
70% Gross Margin, Toped IOS downloads in June in China, with a 230000 customer peak, a massive increase in Revenue and operating income at an all-time high as well as for Operating Cash flow. CAPEX/ OCF is quite low at 8%. Shareholders value by paying back debt, Stock buyback, and dividends (Organic Profit). It has the double amount of Cash than its Liabilities. P/FCF now is 10.6x while the average is 21x. Very interesting Chinese stock.
Gn from Toronto ❤️
The 5 best stocks to benefit from a weak dollar would be Caterpillar Inc., Newmont Corporation, The Boing Company, McDonald’s, and International Business Machines Corporation. We also have GOLD & bitcoin

On the other hand, the 🇺🇸 is the largest importer of goods in the world. A weak dollar means expensive goods—especially for #Oil prices. Between 2002 and 2008, The US dollar fell 40%, and oil prices went from $34 to $200 per Barrel

What is the solution?

In 1971, an Executive order that raised food prices, rent, and wages was illegal. What happened? lower supply —> Very high prices out of control in addition to limited gas supply —> Opportunity for Black market to exist.

🇺🇸 Job growth revised down by the most since 2009 almost 1 million jobs —> Slower economy —> Weaker dollar. The #Fed will make sure to avoid a full-blown recession by decreasing interest rates in September —> Also weaker dollar. 🧐

Every 100 days, the 🇺🇸 adds $1 Trillion to the national debt. 😳
I got my Moxie Pass! Mint yours to be eligible for upcoming airdrops, grants, Fan Tokens and more! cc @betashop.eth @airstack.eth