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Why China sees Myanmar’s Rohingya crisis as an opportunity

“Before the West started paying real attention to the Rohingya crisis, Myanmar’s democratic transition was something of a cause celebre” writes Tom Harper for businessinsider.com. So as far as China is concerned, the ongoing Rohingya crisis is just one of many developments in Asia where it has key interests at stake. Source: businessinsider.com Share This:

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Why any government shutdown will be short

“As attested by the screeching faux outrage of Democrats and their poster child, Jimmy Kimmel, the Left sees this shutdown as an easy opportunity for election year voter mobilization and donor fundraising” writes Tom Rogan for washingtonexaminer.com. First off, the key obstacle to a deal to keep the government running is partisan posturing, and not anything policy-related. Source: washingtonexaminer.com Share This:

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Crypto News 

TOM LEE: Bitcoin’s bloodbath was totally normal, and now offers ‘the biggest buying opportunity in 2018’

“Tom Lee doesn’t get all the fuss about bitcoin’s recent skid, which some experts characterized as a “bloodbath.”” writes Joe Ciolli for businessinsider.com. “We view this $9,000 as the biggest buying opportunity in 2018 — and we would be buyers at levels around here.”. Because bitcoin has repeatedly shown the ability to recover from similarly-sized drops in recent months, Lee sees depressed levels as offering an opportunity for bulls to increase exposure. Source: businessinsider.com Share This:

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Arsenal optimistic they can persuade Mesut Ozil to sign a new contract

“While manager Arsene Wenger has accepted it is highly unlikely Alexis Sanchez will extend his stay, negotiations are ongoing with Ozil over a new deal and the club is more optimistic now than they were at the start of the season” writes Jamie Carragher for telegraph.co.uk. With midfielder Jack Wilshere also out of contract in the summer, Arsenal could feasibly be left in a position where they need to replace three senior players in one window. “It looks like Sanchez will not extend his contract,” Wenger said. “But we want…

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Markets News 

Amazon is still in ‘early innings’ of its retail growth opportunity: Analyst

“Piper Jaffray reiterated its overweight rating for the internet company’s shares, predicting Amazon will generate strong sales growth this year” writes Peter Foley for cnbc.com. Olson increased his price target for Amazon shares to $1,400 from $1,200, representing 12 percent upside to Monday’s close.”Considering the U.S. is Amazon’s most penetrated market, we see this low-to-mid single digit market share as a significant positive,” he wrote.As a result, the analyst estimated that the company had 4 percent market share of U.S. retail holiday spending in 2017.”Most domestic internet users have a…

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Angie’s List parent ANGI Homeservices upgraded on opportunity in the home sector

“ANGI shares up nearly 48% for the last 12 months while the S&P 500 index SPX, +0.43% has rise nearly 20% for the period” writes Tonya Garcia for marketwatch.com. ANGI, +4.82% shares rose 5.3% in Wednesday trading after the company was upgraded to buy from neutral at MKM Partners due to the opportunity in the home services sector. Source: marketwatch.com Share This:

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Crypto News 

TOM LEE: Bitcoin just had a much-needed pullback and is quickly headed back to $20,000

“As bitcoin plunged, Lee turned even more bullish, raising his mid-2018 target to $20,000 from $11,500” writes Akin Oyedele for businessinsider.com. The number of wallets and transaction activity per wallet help explain about 93% of bitcoin’s rise since 2013, according to Lee.He also disagrees with the idea that speculation is the only explanation for bitcoin’s rise and says anyone who claims that hasn’t done the proper homework.”If someone says bitcoin’s a bubble, it’s the smallest, least held bubble I’ve ever met,” Lee told Bloomberg TV. “I don’t know very many…

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