Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

First Data Corp (NYSE: FDC)

Opportunities

Does Trump want to Increase U.S. Trade with China?

Trump’s first trade deal; the U.S.-China Comprehensive Economic Dialogue, might increase the American trade deficit with the People’s Republic, Forbes contributor Gordon G. Chang wrote. That might occur because the deal would allow Chinese companies to sell cooked poultry and financial services in the United States.

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Opportunities

Alipay Comes to America

Tim Cook’s worst nightmare then would be Walmart accepting Alipay but saying no to Apple Pay.

That would be a real coup for Ant because Walmart operates 4,672 stores in the United States; including 3,522 supercenters and 660 Sam’s Clubs. It might also force Apple and Alphabet to add QR code to their mobile wallets.

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