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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1533)12/9/2018 6:00:04 AM
From: elmatador  Read Replies (2) | Respond to of 13801
 
"...criminal charges as soon as next week against hackers linked to Chinese intelligence for allegedly stealing data from U.S. companies, according to people familiar with the matter.
...
The breaches by hackers associated with China’s Ministry of State Security have allowed China to gather large quantities of data on a wide range of American businesses, according to two U.S. officials who spoke on condition of anonymity because they were not authorized to discuss the investigations.
...
The charges may be followed by sanctions and other punitive measures, according to one of the U.S. officials. The official did not say exactly who might come under sanction."


https://www.reuters.com/article/us-usa-cyber-china/u-s-to-reveal-charges-against-chinese-hackers-sources-idUSKBN1O62D8







To: richardred who wrote (1533)12/23/2018 3:10:26 AM
From: elmatador  Read Replies (1) | Respond to of 13801
 
Sell off root cause? wage growth:

The Labor Department reported in October wages and salaries grew 3.1% in the 3rd quarter — the biggest increase in a decade. (Invesco's Kristina) Hooper predicted trouble if wage growth mounts, because Wall Street uses it to determine whether inflation is picking up momentum. “It means that the Fed has less flexibility to take its foot off the accelerator” on rate hikes...

(Wage growth) issue has hurt the market in the past. Last February, a higher than expected wage growth number panicked Wall Street. It sent the 10-Year Treasury yield above 3 percent and sparked a correction.

However, the market rebounded (after Febr. sell off) until running into more trouble in October, mainly on fears that the Fed will hike rates too aggressively, and potential impact of the U.S.-China trade war. Hooper is also watching these risks. Idem

cnbc.com