iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,467 Blog Posts

US-CHINA TRADE WAR ESCALATES; FUTURES PLUNGE

Nasdaq fits are down nearly 100. I told YOOOO not to get involved with dat.

Here’s the top news on CNBC now.

Google has suspended business activity with Huawei that involves the transfer or hardware, software and key technical services.

That means Huawei will not be able to license the Android operating system complete with Google services and will instead have to use an open-source version.

Analysts said that could cause big problems for the company internationally, where nearly half of its smartphone shipments go.

Other Huawei suppliers, including Qualcomm and Intel, reportedly told employees they will not sell to the Chinese firm until further notice.

Bear in mind, we have the fucking CFO under house arrest in Canada.

And here is what the top talking heads for Beijing are up to on Twitter now.

I don’t want to get into the weeds of how much money I stand to make in my short bets now, but instead would prefer to express how disappointing the Game of Thrones finale was last night.

What in the fuck was that?

Here is a few scenes with a much needed laugh track attached.

Happy Monday.

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3 comments

  1. fidel cash grow
    fidel cash grow

    The market is not happy with the selection of Bran the Broken as King of the Andals. And neither am i

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  2. ferd

    I’m sure the strategic thinkers in DC have played this out several moves and have done stuff like stockpile rare earths and such.

    Chinese stocks have given up about 60% of the gains made since Dec/Jan lows while the SPX is off only about 20%. Time for us to play catch up.

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  3. metalleg

    I don’t care what anyone says about you Fly.

    You’re okay in my book.

    Great call today.

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