Maybe this is still a healthy correction, and not the first sign of coming recession. But jeez.
This detention of the Huawei exec could be a rather major escalation...the Chinese may well see it as an insult to their honor. I don't really understand how the United States has jurisdiction here...presumably she can't be charged for violating US laws, because she is a Chinese national not covered by the sanctions. It doesn't make sense, based on what we know so far.
will take off. As for Employment/unemployment that still appears strong, though from what I have read the millenniels are not doing well employment wise, the theory being that they are coming out of school not as well prepared as in the past. One thing they do seem to do when hired is put money away more than so many did not do before them.
4G network is such a disappointment in U.S. If comparing to south Korea's internet speed, we're the 3rd world country. We had a big improvement/jump in 2017, advanced to #10 in the world. But we're still much slower than south Korea's internet speed.
5G is another priority of Trump admin that I'm sure you never heard since your focus is always on fake news stuff.
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Trump does know that 5G will get his 3 am tweets out even faster. So there...
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The U.K., NZ, and Australia recently announced they will pull all Huawei equipment from 5G networks. Canada actually arrested this woman (at our request). She is subject to an extradition hearing there before being sent here. But, they are not dopes. I’m sure they considered this very carefully before granting the request. Has big implications for Canadian foreign policy, too.
Check out this article on Chinese server motherboards. Not directly related to Huawei, but intelligence services have been warning about Huawei phones for months.
Link: https://www.bloomberg.com/news/features/2018-10-04/the-big-hack-how-china-used-a-tiny-chip-to-infiltrate-america-s-top-companies
Believe what you wish.....
Link: Apple retort
Arresting the head honcho's daughter is not something done on a whim, one would think.
Economic cycles are as normal as the changing of the seasons.
Link: https://www.bloomberg.com/news/articles/2018-12-06/the-relentless-flattening-in-treasury-yield-curve-has-stalled
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Heh.
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Two trading days and that Trumpo’s blatant lies about a deal with China are at least partially to blame as well as his terrible tariff policy.
What’s next ? Many seem to think Trumpo has fucked up our energy policy and the price of oil will increase.
A good strategy seems to be to figure out how to invest in the opposite of whatever Trumpo targets or tweets about.
Ignoring the problem, as Obama and GWB did, or getting paid by them such as Clinton did is not working. They are stealing technology, hollowing out our economy, and refusing to open their market to foreign competitors. Trump may be a grade A moron, but this is one of the few topics he is correct on.
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Sure, the market is speculative and on a day to day basis reacts to the news of the day. But it isn't the President's job to buoy the stock market and over the long haul, presidents have a limited and very indirect effect on stock markets and the economy broadly.
For being able to out cheat, and out fraud, HRC to “win” the Presidency so he could out loot the office even more than the Clintons
No wonder you're so upset. But Trump has little to do with the market rising or falling.
But yes, Trump is a better scam artist than the Clintons a point that is irrelevant to this discussion.
Especially in the short term.
They have less influence on the broader economy, which is much more complex. They always take credit for good times and blame others in bad times...but the truth is that the business cycles is more powerful than the president.
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....didn't imply this was all political, didn't doubt the system.
I just said that, based on what we know so far, it makes no sense. There has to be more to it, and we will find out soon.
I mean, just look at the Epstein thing from a few days ago.