Bandit Logic, Adversity Score, Generation Alpha, Headline Porn, Contemporary Art, PGA Championship

Marc Ross Daily May.png

What I am watching today = May 16, 2019
Curation and commentary from 
Marc A. Ross

Reporting from Alexandria, Virginia 


Bandit Logic, Adversity Score, Generation Alpha, Headline Porn, Contemporary Art, PGA Championship

TOP FIVE

✔️ Trump’s tariff strategy began with 1980s Japan

✔️ Generation Alpha = swiping before they can read

✔️ Cuban says Dem proposals are “headline porn”

✔️ How contemporary art became a fiat currency

✔️ Today: PGA Championship begins at Bethpage Black Course

GLOBALIZATION

ABC News: US suspends all flights to Venezuela citing safety and security

Trump’s tariff strategy for China began with 1980s Japan
: NYT reports, few issues have defined Donald J. Trump’s presidency more than his fondness for tariffs. Allies and historians say that it comes from his experience doing business with Japan, then perceived as a threat to America’s economic dominance.

China’s most influential newspaper accused the US of relying on “bandit logic” in trade negotiations, in the latest sign of hardening rhetoric in Beijing.

US targets Huawei as it seeks to revive China trade talks: WSJ reports, Trump signed an executive order that would let the US ban telecommunications gear from “foreign adversaries,” underscoring tensions with China even as the US said it would likely resume trade talks soon in Beijing.

Bloomberg: Trump’s Huawei threat is the nuclear option to halt China’s rise

Trump administration cracks down on giant Chinese tech firm, escalating clash with Beijing: WP reports, Huawei is going on the Commerce Department’s “Entity List” — known to some as the “death penalty” — which makes it virtually impossible for companies to survive once US firms are discouraged from doing business with them.

FT: Trump puts Huawei on export blacklist

US companies will need to apply for licenses to sell to the Chinese telecom equipment maker.

Tim Culpan: Trump hands Huawei a stick to beat the US with: The president’s order gives the Chinese technology giant more fodder to argue it’s being persecuted.

FT: China dumps US Treasuries at fastest pace in two years

March government bond sales by China came to $20.5bn ahead of fractious trade talks.

Chinese immigrants emerge as key bloc in Australian election: WSJ reports, Australia’s main parties are treading a fine balance as they work to woo Chinese immigrants who could swing the outcome of Saturday’s election, amid lingering concerns about influence efforts by Beijing.

Bloomberg: Donald Trump still has Germany and the EU in his sights

Delaying a tariff war in the car sector wouldn’t be the same as brokering peace.

Brexit pun becomes EU campaign slogan for biggest Finnish party: Bloomberg reports, making fun of Brexit has become a campaign slogan for Finland’s biggest party. As the Finnish Social Democrats prepare for European Union elections on May 26, the party has plastered English-language placards across the country that riff off the notion that the EU exit sought by Britain is something to be avoided at all costs. “We don’t Brexit. We fix it,” the slogan reads.

Bloomberg: UK's Theresa May faces new push to oust her as Brexit heads to endgame

PM will meet 1922 committee executive on Thursday.

Former adviser Timothy tells her it’s time to stand down.


The UK prime minister will meet with rank-and-file Conservative Party members who want her to set a roadmap for quitting.

Guardian: No 10 hints Commons Brexit vote is make or break for Theresa May

No 10 said the key piece of Brexit legislation would be voted on in the week beginning 3 June, and talks with Labour would continue in the meantime.

The lira = spend everything: Italy is up to its old tricks again: Milan’s main stock market index slipped Wednesday after Deputy Premier Matteo Salvini said the country will “spend everything that we have to spend” in order to slash unemployment, spurring fresh concerns that it could break EU rules on deficits and government debt.

Ferdinando Giugliano: Italy's options all look terrible: Bond investors are right to seek a higher risk premium. Even a new general election wouldn’t make much difference to the markets. 

DISRUPTION

SAT to give students ‘adversity score’ to capture social and economic background: WSJ reports, the College Board plans to assign an adversity score to every student who takes the SAT to try to capture their social and economic background, jumping into the debate raging over race and class in college admissions. 

Leonid Bershidsky: Why the modern workplace needs punch clocks: A European court ruling that requires companies to track employees’ exact hours could yield useful productivity data.

Vice: Your unborn kids are going to be known as Generation Alpha

Vice hears from parents and marketers about the children of millennials, born from about 2011 and swiping touchscreens before they can read.

POLITICS

Trump, frustrated by advisers, is not convinced the time is right to attack Iran: WP reports, the president is not inclined to respond forcefully unless Iranians make a “big move,” a senior White House official said.

FT: Trump launches campaign to call out ‘bias’ online

Social media groups deny White House allegations that they censor conservatives.

Robocalls: Responding to widespread consumer complaints, the FCC says it will take steps to give phone companies permission to block unwanted robocalls.

Democrats adhere to Pelosi’s no-impeachment strategy despite Trump’s defiance: WP reports, several rank-and-file lawmakers want to begin impeachment proceedings. But instead of pushing back on House Speaker Nancy Pelosi, they’re following her lead.

Alabama abortion ban threatens to reshape 2020 election: WP reports, Democratic presidential contenders cast the nation’s strictest ban as a severe blow to women’s rights, while Republican leaders dodged questions about the law.

NYC Mayor Bill de Blasio will enter the 2020 presidential race.

#4thTierCandidate

Mark Cuban tells CNBC he hasn’t ruled out an independent run for the White House in 2020.

Cuban says most of the Democratic proposals are just “headline porn.”

Reuters/Ipsos poll: Biden expands lead over rivals for 2020 US presidential nomination despite lack of support from millennial

29% of Democrats and independents said they would vote for Biden in the state nominating contests that begin next year. That is up from 24% who said so in a poll that ran in late April.

Biden 29%
Don't Know 16%
Sanders 13%
Harris 6%
Warren 6%
O'Rourke 6%
Buttigiieg 4%
Booker 2%


COMMERCE

Nestle has entered exclusive talks to sell its skin-health business to private-equity firm EQT and the Abu Dhabi Investment Authority for $10.1 billion.

FT: Macy’s warns more Trump tariffs are threat to earnings

US department store says levies on a further $300bn of Chinese imports will affect profits.

How the promise of a $120 billion Uber IPO evaporated: Uber’s offering was supposed to be a crowning moment for the ride-hailing company. But it suffered setbacks and resulted in questions for all involved.

CULTURE

Jeff Koons’s ‘Rabbit’ sculpture sells for $91 million: WSJ reports, Jeff Koons’s metallic sculpture of a balloon-animal, “Rabbit,” sold for $91 million at Christie’s on Wednesday—setting a record for a living artist at auction.

How contemporary art became a fiat currency for the world’s richest: Boom by Michael Shnayerson traces the history of an art market out of control. https://bloom.bg/2HsJCDX

This was a topic at Brigadoon Sundance 2019 - just sayin'.

Georgetown University said it would expel two students implicated in the college-admissions scandal—hours after one of the students sued the school for allegedly depriving him of due process.

OTD: In 1929 the first Academy awards ceremony took place in Los Angeles in the US.

Classic Ferrari worth millions stolen on test drive: BBC reports, An opportunistic car "collector" used a test drive to make off with a Ferrari worth €2m (£1.7m; $2.2m). The suspect had expressed interest in buying a 1985 Ferrari 288 GTO, police in the German city of Düsseldorf say. He turned up by taxi to the dealership and two hours later, on a test drive, it was time to swap drivers. But when the seller stepped out of the car, the would-be buyer quickly hit the accelerator and vanished. The car was later found in a garage. https://bbc.in/2HnvThy

SPORT

Today: The PGA Championship begins at Bethpage Black Course, New York.

How Tiger Woods won the back surgery lottery: Surgeons cured Tiger Woods’s back on the fourth try, with plenty of help from Woods himself. But fusion surgery provides no guarantees of success. https://nyti.ms/2HtNkx4

If you want, I am happy to tell you about my anterior cervical discectomy and fusion (ACDF) - you know, a surgery to remove a herniated or degenerative disc in the neck.


Enjoy the ride + plan accordingly.

-Marc 

Marc Ross

Based in Washington, DC, I specialize in thought leader communications and global public policy for public affairs professionals working at the intersection of globalization, disruption, and politics.

Clients hire me to ghostwrite, engage influencer networks, manage media relations, produce events, audit their communications infrastructure, consult on hiring, provide issue briefs and news generating talking points, as well as manage end to end communications projects where I assume a role of project leader and general contractor.

I work independently but provided access to a substantial global network of collaborators with expertise in websites, graphic design, audio, video, polling, data analytics, and research.

Using the latest tactics of an American political campaign with expertise shaped by being a practitioner of global business communications, I help clients tell their story and build trusted relationships with all necessary stakeholders.

Successful communications are all about STOCK = strategy, tactics, organization, consistency, and know-how.

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