News Items That are Positive for Markets
Ironically, two interesting items come from Bloomberg Media, and then additional news that Mike Bloomberg is running is cheering the market. Firstly, items out of China; "China said it will raise penalties on violations of intellectual property rights in an attempt to address one of the sticking points in trade talks with the U.S." Cynics like yours truly don't believe China will ever change its ways solely to please the U.S. I still think that these announcements are lip service. However, the truth is protecting intellectual property is