China has offered for Trump to meet Xi in Macau as alternative to Chile

Fox News report

Edward Lawrence from Fox News reports that China has offered that the Trump travel to Macau to sign the Phase One trade deal, rather than the planned meet-up in Santiago, Chile.
Earlier today, Chile cancelled the APEC summit planned for November because of huge protests that have hit the country related to the high cost of living.
Markets wobbled on the initial announcement of the cancellation of the APEC summit but I don’t see it as any true obstacle to a Phase One deal. It’s a logistical problem but no reason to walk away from an agreement that — by all accounts — is very close to completion.

Corporate Lessons


A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. The wife quickly wraps herself in a towel and runs downstairs. When she opens the door, there stands Bob, the next door neighbor. Before she says a word, Bob says, ‘I’ll give you $800 dollars to drop that towel.”

After thinking for a moment, the woman drops her towel and stands naked in front of Bob. After a few seconds, Bob hands her $800 dollars and leaves. The woman wraps back up in the towel and goes back upstairs. When she get to the bathroom, her husband asks, “Who was that?”

“It was Bob the next door neighbor” she replies.

“Great!” the husband says. “Did he say anything about the $800 he owes me?”

Moral of the story: If you share critical information pertaining to the credit and risk with your shareholders in time, you may be in a position to prevent avoidable exposure.


A sales rep, an administration clerk, and the manager are walking to lunch when they find an antique oil lamp. They rub it and a Genie comes out. The Genie says, “I’ll give each of you just one wish.”
“Me first! Me first!” says the admin. clerk. “I want to be in the Bahamas, driving a speedboat, without a care in the world.” Poof! She’s gone.
“Me next! Me next!” says the sales rep. “I want to be in Hawaii, relaxing on the beach with my personal masseuse, an endless supply of Pina Coladas and the love of my life.” Poof! He’s gone.
“OK, you’re up,” the Genie says to the manager. The manager says, “I want those two back in the office after lunch.”
Moral of the story: Always let your boss have the first say. (more…)

Gasparino Says Goldman Settlement Likely To Be Between $1-$5 Billion (GS)

Fox Business News’ Charlie Gasparino is reporting that Goldman Sachs (NYSE: GS) will likely settle the civil fraud case brought against the firm by the SEC for between $1 billion and $5 billion.

Goldman (GS) has been accused of misleading clients with regard to a synthetic CDO that the firm structured at the behest of hedge fund Paulson & Co. and subsequently sold to a German bank. Paulson took the short side of the trade.

Above is the 5 minute Line chart ,Just while updating look its freefall in stock.

Just see my targets for these stock ,I had written last week.Search now.

Updated at 20:36/6th May/Baroda

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