THOTH Investment

09/24/2025

THOTH KORUS ETF Portfolio, September 2025
📈

09/21/2025

"Our North, Strong and Free", Canada 🇨🇦

09/17/2025

What's powering New U.S. Electricity? (2025~26)
source. EIA, J.P.Morgan asset management

In 2025~26, Renewable sources will power 92% of new electricity capacity. Solar power 50%, Batteries 30%, and Wind power 12%.
Energy storage systems (ESS) consist of batteries and assist in the efficient power supply and demand management of solar and wind power generation.

Going forward, the United States will retire power generation facilities such as coal, natural gas, and oil.

https://www.visualcapitalist.com/whats-powering-new-u-s-electricity-generation/

09/14/2025

Canada ranks 1st in electricity use per person!
South Korea ranks 3rd, This is because South Korea is a nation focused on high-tech manufacturing industries such as semiconductors and batteries, with heavy industry accounting for a significant proportion of its economy.
Canada is also a country with a strong manufacturing sector, including its automotive industry, and exports electricity to the United States.

China's electricity demand growth rate is observed to be exceptionally high. The increase in electricity demand driven by China's economic growth and industrialisation is conspicuous.

source., https://www.visualcapitalist.com/ranked-electricity-use-per-capita-in-major-global-economies/

09/10/2025

U.S. Draft Defense Strategy Shifts Toward Homeland and Hemisphere, Politico Reports

A draft of the U.S. National Defense Strategy for 2025 reportedly proposes a notable shift in priorities—emphasizing the defense of the U.S. mainland and the Western Hemisphere over traditional focus on countering China and Russia. The draft, currently under review by Defense Secretary Pete Hegseth, reflects a strategic recalibration toward domestic and regional missions. This pivot marks a departure from previous bipartisan consensus and raises concerns among allied nations regarding the future of U.S. global military engagement.

“According to Politico (Sept. 5, 2025), a draft of the U.S. National Defense Strategy emphasizes homeland and Western Hemisphere security over countering China and Russia.”

08/30/2025

North America saw the western regions dominate the higher price brackets.

Cities including Vancouver in Canada, and San Jose, Los Angeles, San Francisco, San Diego in the United States, along with Honolulu in Hawaii, all ranked highly. Toronto in Canada was ranked 12th.

The cities listed above in the top rankings are mostly advanced nations and advanced cities. These cities often maintain stringent construction and civil engineering regulations, or property buyers frequently prefer houses over other housing types. As houses typically require a certain amount of land, those closer to city centres command higher prices.

Furthermore, infrastructure development costs in residential areas are high, and housing construction costs are also elevated. Labour costs are high relative to productivity, and recently, supply chain issues have also driven up construction and civil engineering material costs.

Recently, North America has also seen a growing preference for apartments and condos, and it is evident that housing preferences are shifting, influenced by immigrants arriving from Asian countries.

Should the popularity and demand for detached houses decline in the future, the profitability of material-related companies such as Home Depot (HD:US) is likely to decrease, and demand for related construction and civil engineering materials, including timber, may also fall.

However, as demand for flats and condominiums increases, so too may the need for rail and public transport services traversing city centres. This urbanisation trend is fostering a preference for public transport due to increased road congestion, alongside a growing demand for saloon cars and SUVs over pick-up trucks.

Urban transformation reshapes consumption patterns and structures, bringing about shifts in economic and financial flows.

How about travelling while closely observing the cities listed above? :)

https://www.visualcapitalist.com/mapped-the-worlds-most-unaffordable-housing-markets/

08/26/2025

─ South Korea's HD Hyundai × Hanwha Ocean consortium: KSS-III Batch II
─ Germany's Thyssen Krupp Marine Systems (TKMS): Type-212A

Canadian Government Requirements:
→ Aim to deliver the first new-generation submarine by the mid-2030s … Need to ensure conversion of existing Victoria-class vessels
→ Target acquisition of up to 12 vessels
→ Capable of deployment in the Arctic region, featuring stealth, long-range navigation and submerged endurance capabilities, etc.

08/25/2025

─ Emphasizing the importance of the US-South Korea-Japan security alliance and promoting “pragmatic diplomacy”
─ South Korea's diplomacy toward China: “No hostility” ... Continuing diplomatic relations in line with national interests
─ “MASGA” mentioned at US-South Korea summit ... High praise for US-South Korea cooperation on shipbuilding investment and security

08/18/2025

Preparing for an economic recession?
If interest rates remained high relative to growth, there was a high probability of an economic depression.

07/09/2025

“LNG Canada's first export destination is South Korea”
Natural gas produced in British Columbia was exported to South Korea from Kitimat. This is the first export.

Today, LNG Canada successfully loaded a first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export facility.

Read more: https://www.lngcanada.ca/news/first-cargo-puts-canada-on-the-map-of-lng-exporting-nations/

07/03/2025

True North,
Strong and Free.
Canada day 🇨🇦
July 1st

06/23/2025

The Strait of Hormuz will be closed.
South Korea, China, and Japan receive a significant amount of crude oil through this strait. Oil prices are expected to rise, and it is time to pay close attention to what choice the United States will make regarding the safety of the strait.