- There is still a lot of volatility in the market especially pointed toward the trade negotiations between Trump and Xi regarding the tariffs.
- Futures are up after being down yesterday yet still seeing volatility.
- Meng Wanzhou who was arrested by US authorities in Canada accused of breaking US sanctions on Iran. Reportedly Ms Meng, the Huawei CFO was involved in a cover up over the sale of certain equipment while in Iran.
- China has warned Canada that is she is not released there will be trouble. It is unclear what is meant specifically yet China has issused a statement that she should be released “or face consequences”.
- The Chinese ministry has described her arrest as “very nasty”.
- CNBC has claimed that Qualcomm has won an injunction over the sale of some Apple iPhones by a Chinese court. Apple says that these are false claims.
they have released Meng Wanzhou on bail now so we will see what she will do, if she runs and hides in the Chinese embassy
I do have to wonder about the state of the stock market, It does seem close to crashing.
If I wake up tomorrow and the dow jones has lost 2000 points I would not be surprised. What is to come next?