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THE CHINA TRADE WAR RATCHETS UP, WITH TRUMP IMPOSING 25% TARIFFS ON $200 BILLION MORE IN IMPORTS. IT SEEMS THAT THE NEGOTIATIONS WERE NOT GOING AS WELL AS ADVERTISED. THE STOCK MARKET WON’T LIKE THIS ONE BIT. THE HEAT IN THE KITCHEN IS GETTING TOO HOT. THE HEADLINE SHOULD READ “25% TAX TO HIT US CONSUMERS.” GOING TO 100% CASH.
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PREVIEW OF THE NEXT CORRECTION OR BEAR MARKET. WATCH WHAT’S GOING DOWN TODAY AND YOU HAVE A PREVIEW OF THE NEXT CORRECTION OR BEAR MARKET. LEAD THAT LED THE UPSIDE WILL LEAD THE DOWNSIDE TOO, WITH NASDAQ OPENING DOWN 200 POINTS THIS MORNING.
SOFTBANK TO RAISE $100 BILLION IN VISION FUND IPO. IT MAY BE A PIPE DREAM BUT IF MASAYOSHI SON PULLS IT OFF STOCKS WILL REALLY GET EXPENSIVE. AND CAN YOU SQUEEZE ANOTHER $100 BILLION INTO THE SAN FRANCISCO BAY AREA? ME THINKS NOT.
UBER TO GO PUBLIC THIS WEEK, LIKELY AT A $90 BILLION VALUATION WHICH WILL SUCK $10 BILLION OUT OF THE MARKET. THE QUESTION IS, WHAT OTHER STOCKS WILL PEOPLE SELL TO GET A PIECE OF THE BIGGEST RIDE SHARING COMPANY?
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