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
19,675 Blog Posts

The $CSCO for $ACIA Deal Speaks Volumes For China Trade Expectations

Roughly 30% of ACIA’s business is with China’s ZTE. The fact CSCO was willing to pay such a premium for that piece of shit means they think the US-China trade riff will be resolved in short order.

Do the catamites at CSCO know anything?

Maybe. They certainly know more than you.

This out today, regarding trade war news.

U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke to Chinese Vice Premier Liu He and Commerce Minister Zhong Shan on Tuesday, a U.S. official said.

They are working toward ironing out a trade agreement between the world’s two largest economies.

The official said the sides will continue talks “as appropriate.”

If the trade war gets resolved, I’m thinking some Chinese sensitive plays will pop the fuck off. You’ll want to be long pretty much anything in tech, especially semis. Markets rebounded, as predicted, today and now we’re coasting. I just stepped in and made a purchase and I am just about 100% invested — no fucks given.

I had a long day, an arduous one, and it’s only really just beginning. Perhaps this wretched market can give me a glimpse of happiness and pleasure in all of this black somber pablum existence.

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7 comments

  1. omfgitsjd

    Well, you made some damn good calls the last few week, fucker.

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  2. juice

    “black somber pablum existence”?

    what’s wrong, young man?

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    • acehood

      It’s his nature, he’s been over this.

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    • ferd

      He’s moving. Likely he’s encouraging the wife to downsize and prep for an emptier nest. So he’s a tad frustrated. But he’ll have some success in getting her to Salvation Army stuff.

      But just wait until after the move when she’s spends all day refeathering the new nest with a lot of the same, but newly REpurchased, stuff. I will then have my schadenfreude on …as misery loves company.

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  3. it is showtime
    it is showtime

    Sequels Reboots Rehashing Shopworn Regurgitating: ….America….

    The Lego Movie 2: The Second Part
    John Wick: Chapter 3 – Parabellum
    The Secret Life of Pets 2
    Avengers: Endgame
    Toy Story 4
    Men in Black: International
    Spider-Man: Far from Home
    The Angry Birds Movie 2
    It Chapter Two
    Shaft
    Frozen II
    Mary Poppins Returns

    .

    I await Big Short 2.
    & Lehman 2.

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  4. flea

    “in all of this black somber pablum existence.”

    Guess he didn’t get his asking price on the house.

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