that's what it sounds like
Huawei chairman says company willing to sign ‘no-spy’ agreements with world govts
Huawei chairman Liang Hua has stated that his company would be willing to sign “no spy” agreements with governments, while vehemently denying any Chinese laws forcing companies to spy on foreign countries.
Hua said he has not met with any British government officials on this current trip to the UK but claimed his company has long-cooperated with Britain’s National Criminal Intelligence Service (NCIS) and established good cybersecurity measures.
The businessman called for industry-wide, technical solutions to improve cybersecurity while calling on world governments to adopt an “evidence-based approach” to cybersecurity risks.
He denied the existence of any Chinese laws which compel companies to gather intelligence on other countries or plant backdoors in equipment installed outside of China, but added that Huawei would be willing to sign “no-spy” agreements with governments around the world, including Britain.
This echoed similar statements made by the company’s vice-president for Western Europe, Tim Watkins, who said that Huawei founder Ran Zhengfei “made it clear that he has never been asked to hand over any customer data or information” adding that “he would refuse and if it was attempted to be enforced he would shut the company down.”
Huawei is currently embroiled in a major scandal in the UK over whether it should be allowed to operate the country’s 5G network technology amid US concerns that it could be exploited by the Chinese government for large-scale spying purposes.
At a meeting in April, the UK’s National Security Council (NSC) agreed in principle to allow Huawei to supply “non core” technology. Gavin Williamson was fired from his role as defence secretary as a result of a leak from said meeting.
https://www.rt.com/news/459305-huawei-no-spy-agreements/
REIT (Annaly Cap Mgmt) CIO buys shares, his last name-kek
Annaly Capital Management, Inc. is a mortgage real estate investment trust (REIT). The Company owns a portfolio of real estate related investments. Its investment groups primarily consist of Agency, which invests primarily in various types of Agency mortgage-backed securities and related derivatives to hedge these investments; Residential credit, which invests primarily in non-Agency mortgage-backed assets within securitized products and residential mortgage loan markets; Commercial real estate, which originates and invests in commercial mortgage loans, securities, and other commercial real estate investments, and Middle market, which provides customized debt financing to middle-market businesses. Its business operations consist of Annaly Commercial Real Estate Group, Inc., which is its subsidiary that specializes in originating or acquiring, financing and managing commercial loans and other commercial real estate debt; Annaly Middle Market Lending LLC, and RCap Securities, Inc.
Number of employees : 152 people.
https://www.marketscreener.com/ANNALY-CAPITAL-MANAGEMENT-13744/company/
Much activity in the REIT space as property value has topped out-this is mostly in the commercial sector-but some residential area's do this too.
What Is a Real Estate Investment Trust?
Congress established real estate investment trusts (REITs) in 1960 as an amendment to the Cigar Excise Tax Extension of 1960. The provision allows individual investors to buy shares in commercial real estate portfolios that receive income from a variety of properties. Properties included in a REIT portfolio may include apartment complexes, data centers, health care facilities, hotels, infrastructure—in the form of fiber cables, cell towers, and energy pipelines—office buildings, retail centers, self-storage, timberland, and warehouses.
What Is a Real Estate Investment Trust?
Most REITs specialize in a specific real estate sector, focusing their time, energy, and funding on that particular segment of the entire real estate horizon. However, diversified and specialty REITs often hold different types of properties in their portfolios.
https://www.investopedia.com/terms/r/reit.asp
Dow Rebounds 300 Points After Trade-inspired Rout
DOW
Volume 136,855,775*
Avg. Volume 298,243,606
*as of 12:45pm EST, not going to make it to average-will be just under.
The Dow Jones Industrial Average DJIA, +1.13% added 330 points, or 1.3%, to 25,654, while the S&P 500 index SPX, +1.16% rose 36 points, or 1.3%, to 2,849. The Nasdaq Composite Index COMP, +1.35% gained 115 points, or 1.5%, to 7,762.
See cap#2 for black circled volume bars-burning shorts.-cap #5
What’s driving the market?
Investors are worried that an escalating fight between the two could harm the U.S., Chinese and global economies.
Tuesday morning, the president took to Twitter to defend his trade strategy, and mollify U.S. farmers whose exports have collapsed amid the dispute, writing that “When the time is right, we will make a deal with China. My respect and friendship with President Xi is unlimited but, as I have told him many times before, this must be a great deal for the United States or it just doesn’t make any sense.”
The president also kept up public pressure on the Federal Reserve to lower interest rates, as a means to help the U.S. economy cope with the affects of the trade spat.
What’s on the economic calendar?
Small business optimism rose to a four-month high in April, gaining 1.7 points to 103.5, according to the NFIB Small Business Optimism index, released Tuesday morning.
U.S. import prices rose just 0.2% in April, below the 0.7% consensus estimate, according to FactSet.
Export prices, meanwhile, rose 0.3% last month.
Investors will look out for a small batch of Federal Reserve officials speaking on Tuesday.
New York Fed President John Williams, speaking in Zurich, said early Tuesday that governments can play a role in changing the post-financial crisis environment where short-term rates are lower than they have been historically.
Kansas City Fed President Esther George is scheduled to speak at the Economic Club of Minnesota in Minneapolis at 12:45 p.m. Eastern and San Francisco Fed President Mary Daly at Northwestern University in Evanston, Illinois, at 6 p.m. Eastern.
Which stocks are in focus?
Apple Inc. AAPL, +1.58% shares are in focus after the Supreme Court ruled Monday that consumers can sue the company for forcing them to buy apps exclusively through the company’s App Store. The stock is up 0.8% in premarket action, though it has fallen 7.5% month-to-date.
Shares of Ralph Lauren Corp. RL, -5.10% fell 5.3% Tuesday, even after the clothing retailer reported first-quarter sales and profits that surpassed Wall Street expectations, while raising its quarterly dividend by 10%.
Abercrombie & Fitch Co. ANF, -1.16% announced Tuesday that Chief Operating Officer Joanne Crevoiserat will leave the company, as the apparel retailer has decided to eliminate the COO role. Shares are unchanged in premarket action Tuesday.
Shares of Comcast Corp. CMCSA, +2.18% could be in focus after the cable giant announced that it has agreed to sell its 33% stake in Hulu in five years to Walt Disney Co. DIS, +2.16% for at least $27.5 billion, while immediately giving up its voting rights over the streaming company.
https://www.marketwatch.com/story/us-stock-futures-point-to-bounce-on-heels-of-trade-related-selloff-2019-05-14
https://finance.yahoo.com/quote/%5EIXIC?p=^IXIC
also see this:
Stock-market bears say don’t forget about this yield-curve signal as trade fears sink equities
A high-stakes tariff fight between the U.S. and China got the blame for Monday’s financial market turmoil, but long-term stock-market bears argued that a renewed signal from the yield curve might be the most important recent development for investors.
While Monday’s stock-market selloff “can be blamed squarely on retaliation by China in its trade war with the U.S., an accompanying ‘re-inversion’ of the Treasury yield curve suggests that the best days for U.S. equities may be over even if the two economies eventually resolve their dispute,” wrote John Higgins, chief markets economist at Capital Economics, in a recent research note.
https://www.marketwatch.com/story/stock-market-bears-say-dont-forget-this-yield-curve-signal-as-trade-fears-sink-equities-2019-05-13
See cap#3-broken record but it is the canary.
https://www.marketwatch.com/investing/bond/tmubmusd30y?countrycode=bx
OakTree Capital Mgmt LLC-Director buys shares-heavy in Collateralized Loan Obligations(CLO's)
This appears to be a similar situation as with Blackstone-buy it to prop it but for different reason's-see and article and "what is a CLO" after description of Oak Tree.
Oaktree Capital Group, LLC (Oaktree) is an investment manager specializing in alternative investments. The Company operates through investment management segment, which consists of the investment management services that the Company provides to its clients. The Company manages investments in a range of strategies within approximately six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities. The Funds managed by Oaktree include commingled funds, separate accounts and collateralized loan obligation vehicles (CLOs). The commingled funds include open-end and closed-end limited partnerships in which it makes an investment and for which it serves as the general partner. CLOs are structured finance vehicles in which the Company typically makes an investment and for which it serves as collateral manager. Its clientele includes the United States pension plans and corporations and/or their pension funds.
https://www.marketscreener.com/OAKTREE-CAPITAL-GROUP-LLC-10406211/company/
https://www.secform4.com/insider-trading/1403528.htm
Collateralized Loan Obligation (CLO)
A collateralized loan obligation (CLO) is a security consisting of a pool of loans organized by maturity and risk. A CLO is very similar to a collateralized mortgage obligation, except that the underlying debt is not mortgages, but rather, different types of loans. CLO’s are usually comprised of millions of dollars of loans to privately owned businesses.The loans underlying the CLO serve as collateral securing the loan debt. These loans are arranged into different pools (called tranches) by maturity and the risk profile of the borrowers. At creation, the CLO sets a very explicit set of rules for how interest and principal payments are to be distributed among the various tranches. Investors purchase an interest in the CLO, choosing bonds according to their risk tolerance and investment needs. For instance, one tranche may represent interest and principal payments from the first two or three years of the loans underlying the CLO. This tranche would be less risky than a later tranche that represent interest and principal payments for years 12 through 15 of the underlying loans. Usually, the lead bank that made the original loans retains an interest in the CLO. It then collects interest and principal payments and distributes those payments to the various investors in the CLO. The financial crisis of 2007 and 2008 nearly ended the market for CLO’s. But the market for them has rebounded. Currently, the total value of the CLO market is in the hundreds of billions of dollars.
https://www.investopedia.com/video/play/collateralized-loan-obligation-clo/
The Bomb That Blew Up in 2008? We’re Planting Another One
Collateralized loan obligations may look safe, but they pose risks that are poorly appreciated.
https://www.bloomberg.com/opinion/articles/2019-03-03/collateralized-loan-obligations-are-riskier-than-most-realize
been saying this for month's. If they try to sell them there is NO buyer. If they do sell a small % it will devalue the rest of the holding's. They are fucked.
that habbened near a family member's home. Put that together with sky-king a bit later and it did not even register with them. Brain-dead they are.
It may have had an affect with other's but certainly not anyone I know!
They know it all remember?
kek