By David Randall | NEW YORK

Fund managers have begun to ditch so-called FANG stocks that powered the U.S. stock market to record highs in January and are slowly rotating into commodity-related shares and other value stocks which typically outperform in late-cycle recoveries.

Portfolio managers holding shares of Facebook Inc, Amazon.com Inc, Netflix Inc, and Google-parent Alphabet Inc say they are increasingly concerned that the data scandal that has sent shares of Facebook down nearly 15 percent year-to-date will spill over into all of the FANG stocks, imperiling the broad market's momentum at a time when there are no clear companies or sectors to take their place.

TOKYO

Japan has sounded out the North Korean government about a bilateral summit, and Pyongyang has discussed the possibility of a leaders' meeting with Japan, Japan's Asahi newspaper said on Thursday.

The government of Kim Jong Un has informed leaders of North Korea's ruling Korean Workers Party of the possibility of a summit with Japan, the newspaper said, citing an unidentified North Korean source and briefing papers.

"The Japanese government has expressed a wish to host a leaders meeting, via the General Association of Korean Residents in Japan," or Chongryon, Pyongyang's de facto embassy in Japan, the Asahi quoted the North Korean briefing papers as saying.

The Japanese government said it had been in touch with the North but declined to offer specific comment on the report.

"We have been communicating with North Korea through various occasions and means such as a route via our embassy in Beijing, but I would like to refrain from going into specifics," Chief Cabinet Secretary Yoshihide Suga told a regular news conference.

A Chongryon spokesman in Tokyo declined to comment on the Asahi report.

Sorry if already posted

Just as America and the U.S.S.R once stalked each other in a sectarian battle between allegedly good and bad ideology, All-Being-All-Knowing Microsoft now informs us we're under threat from a neo-Stalinist-Leninist cult bent on world domination.

"You've got to remember that Google is run by Russians, and that affects the viewpoints and values of the company," said Ty Carlson, director of technical strategy for Microsoft (and my dining partner for the evening) in reference to Sergey Brin's status as a Russian immigrant. "They've made conscious references to Google co-founder Sergey Brin's status as a Russian immigrant."

https:// archives

.sfweekly.com/sanfrancisco/russian-sergey-brin-and-google-a-kgb-style-propaganda-and-spying-machine/Content?oid=2164530

>>829563

The Rhine ;)

>>829615

SAN FRANCISCO (AP) — A family that gained attention for an emotional photograph of an African-American boy hugging a white police officer at a 2014 protest was killed when their SUV plunged off a scenic California highway, authorities said Wednesday as they asked for help figuring out what happened.

>>829658

Could be Anon

>>829846

Apple?

Tesla?

SpaceX?

Ratzvi Traverse?

…..?

Too little too late…