Excellent music by Prep Dolla

Artist name:Prep Dolla

FB: Prep Dolla Lacoste Don
IG: prep_dolla_hwg4life
Twitter: @Prepdolla311
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S E O Keyword- #AllIn
Music Link- www.reverbnation.com/prepdollalacostedon


Bio- Born in Houston, Texas as a younger kid I was intrigued musically around childhood friends and younger brother. As I grew in Yellowstone area I’ve connected with childhood friends Dizzy D and Say Snap. Where I attended Whidby Elementary and fell in love with instantly with band and music. During this time in life I’ve experience broken home which the responsibilities of that was drugs from my father which my late grandmother invested more time with me in sports as well as church. During this time in high school I begin to be heavily involved in sports and after graduating from Jack Yates High School and entering my freshman year in college University of Houston is when I met three influential people who impacted me musically through Dizzy D and Say Snap who also played a part. I met these people Scoopastar who gave me the name “Prep Dolla because of Preppy Clean Cut Schoolboy image”

Da Original AJ and Senistar. Around the camp that consisted of myself, Senistar, Dizzy D, President and B-Chills I’ve always felt like felt at home with the music side of the game and in life general. As a fly on a wall I became instantly in love with music and watching my peers rock shows four nights out a week. Then one day Senistar came up with an idea to write songs and told us refine our craft and image. Every since I’ve always felt like old “College Dropout Kanye” of the clique. Now it is time to reveal the real talent and make my mark in the industry. I vow to become a better than I ever was and stay true to my followers and real supporters.

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How can one US company block another in China?

Qualcomm and Apple have been embroiled in a years-long legal dispute over patent royalties.

Both companies are based in California, but generate a significant portion of their revenues from China. For the fiscal year that ended in late September, Apple reported that 19.6 percent of net sales came from greater China.

Qualcomm said revenues from China, including Hong Kong, accounted for 67 percent of total consolidated revenues for fiscal year 2018, which also ended in late September. The chipmaker also said in the report it has not recorded any revenues for royalties due on sales of Apple products since the third quarter of 2017.

It is relatively cheaper and quicker for one party to bring a case against another in China compared to the U.S., said Eileen Li, head of research at Shanghai-based market intelligence firm Red Pulse. The environment for high-end industries is also more favorable in China given Beijing’s efforts to produce more technology at home through Made in China 2025, she added.

“In general, China is known for having what industries would call copycats. (Most of these are in) consumer and retail areas,” Li said. “With tech, China is tightening a lot of its policy and becoming more serious about IP protection.”

It remains to be seen whether a preliminary injunction from a municipal court in China will have a lasting, nation-wide effect. The ban does not cover Apple’s latest iPhone models and the company said all versions of the smartphone remain available for customers in China.

France, Germany are uprooting pillars of the European Union-Commentary

And that’s the Germany that the beleaguered French President Emmanuel Macron set out to imitate. He introduced radical, painful and highly controversial labor market reforms, and a slew of fiscal changes in response to German pressures to keep the budget deficit below 3 percent of GDP, and to rapidly move toward the budget balance — a French “schwarze Null” command performance.

Legislating a liberal hiring and firing did not help the French labor market. The unemployment rate last October stood at 8.9 percent, the fourth-largest in the EU (after Greece, Spain and Italy) and roughly unchanged from the year earlier, with the youth unemployment at a devastating 21.5 percent – nearly four times larger than in Germany.

Oblivious to his free-fall rating of 21 percent, Macron then tried to move closer to Germany by raising the fuel taxes to prevent the budget deficit running over the mandated limit. The move was ostensibly defended as a sound environmental policy, but it opened up the floodgates of a deep-seated social discontent, spanning the cohorts of high-school students, middle-class people and battle-hardened trade union militants.

To quell the gathering avalanche of “yellow vests” (the vests French motorists must wear in case of a road accident), the government has temporarily rescinded the fuel taxes, but that left open all sorts of other claims, one of them being what French commentators call “a violent rejection of Macron and his government.”

The French Interior Ministry reported that the four-week old country-wide demonstrations gathered last Saturday 125,000 people, resulting in 1,385 police arrests and 975 people jailed. The interior minister called it “mission accomplished,” and the president congratulated some 90,000 army and police personnel, operating in full combat gear and armoured vehicles, for the job well done.

The former investment banker is indignantly branded as “the president of the rich,” disconnected from the ordinary people and disdainfully indifferent to their plight.

Macron’s chances of political survival and recovery seem heavily compromised. But even if he somehow beats the odds and remains in office, the ill-fated French-German couple is already condemned as a terminally dysfunctional engine of EU management.

That leaves Germany alone, with possibly some smaller northern allies, to exercise a European leadership — a totally unacceptable prospect to France, Italy, and the Visegrad Group (Poland, Hungary, Czechia and Slovakia).

US and China discuss next stage of trade talks

President Donald Trump (R) and Chinese President Xi Jinping (L) shake hands during dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017.

Jim Watson | AFP | Getty Images

President Donald Trump (R) and Chinese President Xi Jinping (L) shake hands during dinner at the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017.

China and the United States discussed the road map for the next stage of their trade talks on Tuesday, during a telephone call between Chinese Vice Premier Liu He and U.S. Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer.

Earlier this month in Argentina, U.S. President Donald Trump and Chinese President Xi Jinping agreed to a truce that delayed the planned Jan. 1 U.S. hike of tariffs to 25 percent from 10 percent on $200 billion of Chinese goods.

Lighthizer said on Sunday that unless U.S.-China trade talks wrap up successfully by March 1, new tariffs will be imposed, clarifying there is a “hard deadline” after a week of seeming confusion among Trump and his advisers.

China’s Commerce Ministry, in a brief statement, said Liu had spoken with Mnuchin and Lighthizer on Tuesday morning Beijing time on a pre-arranged telephone call.

“Both sides exchanged views on putting into effect the consensus reached by the two countries’ leaders at their meeting, and pushing forward the timetable and roadmap for the next stage of economic and trade consultations work,” the ministry said.

It did not elaborate.

The Harvard-education Liu, Xi’s top economic advisor, is leading the talks from China’s end.

Global markets are jittery about a collision between the world’s two largest economic powers over China’s huge trade surplus with the United States and Washington’s claims that Beijing is stealing intellectual property and technology.

The arrest of a top executive at China’s Huawei Technologies has also roiled global markets amid fears that it could further inflame the China-U.S. trade row.

Janet Yellen says excessive corporate debt could prolong a downturn

Former Federal Reserve Chair Janet Yellen is worried about excessive leveraged lending and the level of corporate debt across Wall Street.

“Corporate indebtedness is now quite high and I think it’s a danger that if there’s something else that causes a downturn, that high levels of corporate leverage could prolong the downturn and lead to lots of bankruptcies in the non-financial corporate sector,” Yellen told economist and New York Times columnist Paul Krugman at the City University of New York on Monday.

“I think a lot of the underwriting of that debt is weak. I think investors hold it in packages like the subprime packages … the same thing has happened. It’s called CLOs, or collateralized loan obligations,” she added.

The comparison to the infamous practice of securitizing large amounts of subprime mortgage loans into bundles may spook some investors who recall the consequences of the housing crisis between 2007 and 2010. Corporate indebtedness has ballooned in recent years, with companies now carrying a $9.1 trillion debt load compared to just $4.9 trillion in 2007.

Such a large tab could become a financial headache should interest rates continue their 2018 trek higher and effectively boost the cost of borrowing. Some market participants have also voiced concern over companies on the edge of the investment-grade universe losing their standing and turning into high-yield or junk. That, in turn, could usher rates significantly higher.

Though many have recognized the growing malcontent surrounding the high levels of corporate indebtedness, Yellen and others are quick to point out that interest rates have remained historically low in recent years despite recent increases to the overnight lending rate. The former Fed leader also noted that the current holders of corporate debt do not appear to be overleveraged, mitigating the risk of any credit ripple effects.

“I don’t see a shock in the offing that’s likely to cause that kind of financial crisis,” Yellen added, referring to the downturn a decade ago. “There’s much less leverage in the financial sector now as far as I can see relative to before the crisis. I think that most of those risky loans are owned by investors that are not leveraged. So they may suffer losses, but they’re unlikely to turn around and start selling other assets that can lead to fire sale contagion.”

Yellen was replaced as Fed chair in February by President Donald Trump’s nominee, Jerome Powell. The new Fed chair has overseen three increases to the federal funds rate since joining the central bank, which is expected to hike rates again later this month.

— CNBC’s
Jeff Cox
contributed reporting.

Apple’s stock tells you all you need to know about this market

As investors try to square conflicting reports on the state of the U.S. economy and U.S.-China trade relations, the action in shares of Apple has become a microcosm of the broader stock market, CNBC’s Jim Cramer said Monday.

“In a way, Apple’s the perfect metaphor for this moment,” Cramer said as stocks swung higher after a wild trading session. Shares of the iPhone maker traded lower intraday on worries that a legal move by Qualcomm would stymie Apple’s sales in China, but managed to launch a small rebound into the close.

Cramer, host of “Mad Money,” argued that Apple’s moves perfectly captured how flighty investors have become as they struggle to keep their conviction intact in this volatile market.

For example, Apple’s stock dropped from $168 to $164 a share on the Qualcomm news. Then, on CNBC’s “Halftime Report,” all four panelists, including Cramer, said that Apple’s shares had hit an interesting level to consider buying.

All of a sudden, “the stock turned on a dime, rallying $4 bucks from its lows while the show was on. Now, I’ve scoured the wires — nothing else happened during that period,” Cramer said. “I think it’s a sign, a sign that jittery, insecure, underconfident traders will take their cue from anything.”

“Don’t get me wrong, everyone on that panel is worth listening to,” he continued. “But the action here is a sign that the market’s become way too mercurial for many people.”

Speaking more broadly, Cramer pointed to some intriguing patterns in the stock. Apple’s shares peaked on Oct. 3 at $233, which amounted to a $1-trillion-plus market cap. On Monday, Apple’s market cap dipped below $800 billion.

Oct. 3 happened to be the same day that Federal Reserve Chair Jerome Powell said that interest rates were “a long way” from neutral, which told Cramer that Powell was considering essentially sacrificing economic success for the sake of curbing inflation with a series of rate hikes.

“In retrospect, his statement was such a confidence buster that Oct. 3 may have marked the peak of the entire business cycle,” Cramer said Monday.

The next day, Vice President Mike Pence gave a hardline speech on China at the Hudson Institute in which he cast the ongoing trade dispute as a way to curb China’s geopolitical ambitions, signaling a split in the White House between those who genuinely want a better trade deal and those who want to dismantle China’s position as a global superpower.

“Between Powell’s comments and Pence’s speech, Apple’s stock got hit with a one-two punch that, frankly, until today, I [didn’t] think it was going to recover from,” Cramer said. “Even though the company reported a darned good quarter at the beginning of November, it hasn’t been able to get much traction.”

Also weighing on Apple’s shares was the company’s choice to stop breaking down the quarterly sales results for its individual products, a move that many on Wall Street assumed was a sign that iPhone sales were slowing.

Add to that continuing analyst downgrades and reports of slowing demand for iPhones, and not only has Apple’s stock been struggling, but so have its investors, Cramer said.

“It’s very hard to have conviction in Apple when there’s so much uncertainty and the only thing we know for sure is that the company’s not going to disclose the number of iPhones it sells. I’m even hearing people fret that Apple may pre-announce to the downside because the previous guidance was too bullish,” he said.

And while Cramer stood by his longtime opinion that Apple creates “the finest consumer products in history,” even he admitted that he didn’t know what will happen with its stock, which is owned by his charitable trust.

“Right now, Apple, the stock, sells at a dramatic discount to the [average stock in] the S&P 500,” he said. “Analyst after analyst has slashed their price targets.”

That’s because, just like with the rest of the market, “it’s hard for anyone to have conviction when there’s so much negativity,” the “Mad Money” host concluded.

Shares of Apple ended the day up 0.66 percent at $169.60, rising slightly in after-hours trading.

Disclosure: Cramer’s charitable trust owns shares of Apple.

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Under Armour reportedly ousts two executives close to CEO Kevin Plank

Under Armour reportedly ousted two executives who are long-time associates of CEO Kevin Plank, The Wall Street Journal reported on Monday, citing people familiar with the matter.

Ryan Kuehl, senior vice president of global sports marketing, and Walker Jones, senior director of sports marketing, were both removed last week, but the company did not give a reason to employees. The removals come as the company conducted an internal review of the sports marketing department’s spending.

This investigation looked at whether the two executives’ spending was appropriate and how they ran the department. This included examining how money was spent at events, gifts to athletes and nights out, the sources told the Journal.

“Per company policy, we do not comment on specific personnel matters,” an Under Armour spokeswoman told the Journal.

Salesforce hires its first  Chief Ethical and Humane Use Officer

“We’re at an important inflection point as an industry, and I’m excited to work with this team to chart a path forward,” Goldman said in Salesforce’s statement on Monday.

While Benioff has been critical of other technology companies and has called for increased government regulation in certain areas, his company has faced some challenges of its own. More than 650 Salesforce employees signed a petition in June to Benioff over the software company’s contracts with the U.S. Customers and Border Protection Agency. Three months before that, Salesforce put out a press release announcing that the CPB is using Salesforce analytics and cloud products “to modernize its recruiting process, from hire to retire, and manage border activities and digital engagement with citizens.”

Protesters gathered at Salesforce’s massive Dreamforce conference in September, claiming that the company was complicit in the government’s immigration policy, including the separation of families at the U.S.-Mexico border.

Google and Microsoft have also faced internal dissent regarding bids for a contract with the Pentagon, particularly in regard to how their artificial intelligence technology would be used to aid in warfare.

Benioff has inserted in voice into other hot-button social and political debates of late. Ahead of the mid-term elections last month, he supported a measure that would force tech companies in San Francisco to pay a hefty tax that would go toward helping the city’s homeless population, putting him at odds with other tech leaders like Twitter CEO Jack Dorsey.

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Charts point to breakout for energy stocks

Oil made a comeback in the past week, rallying 3 percent, after major crude producers agreed to cut output.

Energy stocks didn’t get the memo. The XLE energy ETF slumped 3 percent in a week and pushed the group to the edge of a bear market.

Craig Johnson, chief market technician at Piper Jaffray, says that after the tumble, the likely path now is up.

“We’re overweight the energy sector at this point in time for one simple reason: It looks like a lot of the bad news is largely baked in,” Johnson, said on CNBC’s “Trading Nation” on Friday. “When you look at the decline in the oil price that we had seen and when you look at the XLE chart, you saw [the] oil price fall at a much faster pace than what you saw the stocks fall.”

West Texas Intermediate futures tumbled by around 35 percent from peak to trough over the last sell-off, says Johnson. However, the XLE fell by roughly half that amount.

“The XLE chart has come right back to clear identifiable support and you’re getting a positive divergence on the RSI so at this point in time it’s better to be buying the XLE in here than selling it, and that’s what we’ve been telling our clients,” he added.

The XLE hit its most oversold level in four years in October as its relative strength index tumbled to 18. Any RSI reading below 30 typically suggests oversold conditions.

Mark Tepper, founder and president of Strategic Wealth Partners, sees big upside for crude from here.

“With OPEC actually cutting production, we should see oil trade according to demand finally and it could have 20 percent upside from here,” Tepper said on “Trading Nation” on Friday.

A 20 percent gain from Friday’s close would take West Texas Intermediate crude oil up to roughly $63 a barrel. The commodity got a big boost on Friday after OPEC and non-member countries agreed to a 1.2 million barrel-a-day production cut beginning in 2019.

Tepper is neutral on energy stocks as a whole, though he does favor one name.

“Within the sector we prefer a company like Occidental Petroleum. It’s much more diversified, and I think those companies are going to be in favor,” he said.

Occidental Petroleum has fallen 13 percent in the past three months, lagging the 12 percent drop in the XLE ETF.