Your daily source for trading strategies, tech news, and politically incorrect humor Oct 8, 2019 View in Browser Your daily source for trading strategies, tech news, and politically incorrect humor.
Your daily source for trading strategies, tech news, and politically incorrect humor.
Your Morning Bullets are here. Let’s dig in.
INVESTOR INSIGHTS – Market Update
Just 2 days before trade talks resume, 28 Chinese entities got blacklisted.
The reason for the crackdown?
China’s human rights abuses – focused in the Xinjiang region.
The focus of the controversy?
Detention camps. Thousands of Uyghurs (and other Muslin ethnic minorities) got locked up the last 2.5 years.
Former detainees liken them to re-education camps. There are reports of torture and threats of torture to modify beliefs and behaviors.
Some of China’s leading AI firms are taking the hardest hit.
The 28 blacklisted companies can no longer buy US products or import our technology. 20 are government and security bureaus and 8 are companies.
Two of the biggest names on the blacklist are Hikvision (which suspended trading after the move) and Meiya Pico.
Hikvision is a leading provider of AI-driven video surveillance. Meiya Pico is a top digital forensics firm.
They have now joined Huawei on the “Entity List.”
Early this morning, China slammed the move as groundless.
“This act seriously violates the basic norms of international relations, interferes with China’s internal affairs and damages the interests of the Chinese side, and China expresses its strong dissatisfaction and resolute opposition to this.”
The big question – how will this move affect upcoming trade talks?
For better or for worse?
Read more here.
YOUR SILICON VALLEY (LIBERAL) OVERLORDS
Silicon Valley tech companies are heading for Canada.
In a recent article in Venture Beat, Russ McMeekin explains why.
Canada has set themselves up with a dynamic tech startup ecosystem.
A recent $250 million funding round by Clio was just one milestone.
It the largest funding round in Canadian startup history. It was led by two top Cali-based VC firms. TCV and JMI were investors in Airbnb, Spotify, Netflix and even Facebook.
Toronto just earned the title of fastest-growing North American tech hub.
Vancouver and Montreal weren’t lagging far behind.
Curious why companies are making the move?
Read more here.
THE FUTURE OF ALL TECHNOLOGY
Five hundred miles outside of Silicon Valley…
This tiny company — trading under a code name — is about to unleash a radical, new $12 trillion technology.
Mark my words…
Fortunes will be made.
BlackRock, JPMorgan Chase and Deutsche Bank — to name just a few — have all started quietly scooping up shares.
Because they recognize the extraordinary potential here, as I do.
This stock may never be this cheap again. Now is the perfect time to grab as many shares as possible.
TRUMP DERANGEMENT SYNDROME
The charade is over. Well, at least part of it.
After months of denial, Rep. Ilhan Omar has filed for divorce from her husband Ahmed Hirsi.
Is she taking responsibility for her fling with Tim Mynett? Nope, she’s blaming the media. And her political opponents.
The “brotherly love” accusations remain unanswered.
And new questions emerge…
Did she violate federal ethics and election laws?
Her campaign paid Tim Mynett’s firm $230,000. $70,000 changed hands after his wife filed for divorce.
Hush money? Will the story get coverage?
Read more here
Trump has borrowed some time for releasing his tax returns to NY. He also locked down two big wins in CA.
Huge when you consider Trump is “their favorite party pinata.”
First, a federal judge gave Democrats the smack down. His ruling? Democrats can’t strong-arm the President to release tax returns to appear on the primary ballot.
Then, Governor Newsom sided with Trump in a water fight over salmon and other endangered species.
It wasn’t just a win for Trump.
It was a victory for California farmers.
And everyone who eats California produce.
Read more here.
CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD
Zombie Deer Invasion?
Nope, it’s not the latest B-movie.
It’s an actual invasion.
And states are busy trying to fight it off.
Photo Credit: St. Lucia News Online
But it’s a battle they may not be able to win.
According to a Nevada wildlife vet, “It’s not a matter of if, it’s a matter of when.”
There are growing fears the disease will cross into humans.
The chronic wasting illness causes permanent damage to brain tissue.
It’s like mad cow disease. But it affects deer, moose and elk.
The incubation period can last from 2-4 years.
Symptoms take 16+ months to appear.
Read more here.
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