Wall Street's optimism vanished late Wednesday as President Trump’s sweeping new tariffs triggered a sharp selloff in U.S. equity futures and a flight to safe-haven assets, casting a shadow over global trade outlook and corporate margins. Key Market Moves Instrument Move S&P 500 Futures -3.5% Nasdaq 100 Futures -4.5% Treasury Futures Surged (Yields fell sharply) Japanese Yen Gained as safe haven AUD & NZD Bonds Rallied Tariff Summary A 10% baseline tariff on all U.S. imports. Additional tariffs on ~60 countries, with higher duties targeting China, EU, and Vietnam . Steel and aluminum imports spared from the new round but remain under existing 25% duties. “Eye-watering tariffs scream ‘negotiation tactic,’ which will keep markets on edge for the foreseeable future.” — Adam Hetts, Janus Henderson Investors Sector Impact Major declines hit consumer, tech, and industrial names: Company Sector Move Nike, Gap, Lululemon Retail (Vietnam-based) -...
I wonder how many of the bloggers who drop by here are fans of Stephen R. Covey. Anyway I guess it's important for us to set our perspective right, all the more if we want to wealthy.
One must first develop the right habits. What habits one may ask? The effective habits, I believe as suggested by Stephen R. Covey. Probably if we look at the lives of those successful people such as Bill Gates, Warren Buffet, Michael Dell and many others, there are a few things we may find it to be similar, is that all of them have an effective habits and hardwork.
I'll probably just simplify it as Stephen did in his book, 7th Habits of Highly Effective People, although I don't agree with him in coming with the 8th Habit book. After all, how is it possible to keep developing new habits without getting rid of some of the old ones.
Therefore, I shall start by mentioning the need in PRIVATE VICTORIES, but I might not start with Proactive. Because I believe it's not about Proactive, but before Proactive, there must be a deconstruction of old habits. Just like if you want to renovate your house, you'll have to take down those beautiful decorations before making them even more beautiful.
The HABITS....the right habits:
1. Deconstruction of Old Habits, lead to Proactive.
2. Think for the future ahead.
3. Priority must be set right.
These are the habits important for PRIVATE VICTORIES.
And there is another that we call: PUBLIC VICTORIES, and remember, the right habits must be develop during the PRIVATE VICTORIES, and only then the effective habits can reflects the results on public.
The next 4 habits for PUBLIC VICTORIES:
1. Winning mentality habit
2. Put others first...then others will put you first.
3. Teamwork.
And of course last but not least, the most important habit is to continue to practice all these right habits, until they become effective in your life.
One must first develop the right habits. What habits one may ask? The effective habits, I believe as suggested by Stephen R. Covey. Probably if we look at the lives of those successful people such as Bill Gates, Warren Buffet, Michael Dell and many others, there are a few things we may find it to be similar, is that all of them have an effective habits and hardwork.
I'll probably just simplify it as Stephen did in his book, 7th Habits of Highly Effective People, although I don't agree with him in coming with the 8th Habit book. After all, how is it possible to keep developing new habits without getting rid of some of the old ones.
Therefore, I shall start by mentioning the need in PRIVATE VICTORIES, but I might not start with Proactive. Because I believe it's not about Proactive, but before Proactive, there must be a deconstruction of old habits. Just like if you want to renovate your house, you'll have to take down those beautiful decorations before making them even more beautiful.
The HABITS....the right habits:
1. Deconstruction of Old Habits, lead to Proactive.
2. Think for the future ahead.
3. Priority must be set right.
These are the habits important for PRIVATE VICTORIES.
And there is another that we call: PUBLIC VICTORIES, and remember, the right habits must be develop during the PRIVATE VICTORIES, and only then the effective habits can reflects the results on public.
The next 4 habits for PUBLIC VICTORIES:
1. Winning mentality habit
2. Put others first...then others will put you first.
3. Teamwork.
And of course last but not least, the most important habit is to continue to practice all these right habits, until they become effective in your life.
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