Monday, March 21, 2022

WAGING INDIRECT WARS WITH THE RUSSIAN FEDERATION: Deploying Intelligence, Surveillance and Reconnaissance

Intro: The balance relies on the assumption that Russia will recognize and respect the United States’s compliance with its self-imposed rules.
As hawkish members of both parties and the press call on President Joe Biden to pursue military involvement in Ukraine, including by implementing a “no-fly zone,” a complicated tightrope act by U.S. intelligence is receiving relatively little public attention. Current and former U.S. officials knowledgeable about the operations told The Intercept that the U.S. military has deployed extensive ISR, or intelligence, surveillance and reconnaissance, assets to countries neighboring Ukraine to monitor developments within the embattled nation

U.S. Quietly Assists Ukraine With Intelligence, Avoiding Direct Confrontation With Russia

When a Russian drone briefly crossed into Poland, NATO allies threatened to shoot it down. What if the United States made a similar mistake?

 President Joe Biden delivers remarks on Ukraine, with Secretary of State Antony Blinken, not pictured, Deputy Secretary of Defense Kathleen Hicks, left, and Chair of the Joint Chiefs of Staff Gen. Mark Milley, in Washington, D.C., on March 16, 2022.

Can the US avoid direct war with Russia? | The Bottom Line

LAST WEEK TODAY: Torrid Stock Rally...It was the largest weekly gain for all three major U.S. indexes since November 2020

Intro: Some one at BofA calls this “the bear market ceasefire rally.” However, at the same time
The bank’s financial stress indicator has had the fourth-largest spike of the past 20 years
>
Find the latest Barron's stories on MW for well-rounded coverage and more expert financial advice you can trust.

The Stock Market Just Had Its Best Week Since 2020. Enjoy It While It Lasts.

<div class=__reading__mode__extracted__imagecaption>It was the largest weekly gain for all three major U.S. indexes since November 2020.
            Michael Nagle/Bloomberg

These days, bad situations not getting worse count as good news. The Federal Reserve raised interest rates by a quarter of a percentage point, but at least it wasn’t a half-point hike, and the Fed didn’t start winding down its balance sheet, either. Russia’s invasion of Ukraine slogged on, but the fact that the two adversaries were talking seemed to lift investor spirits. Even China recognized that the panic in Chinese stocks was getting out of hand.

With that, what had been bad became good—and the worse it was, the better.

Alibaba Group Holding (ticker: BABA), Baidu (BIDU), and JD.com (JD) soared 25%, 25%, and 36%, respectively, this past week, after losing more than a quarter of their values this year through March 14.

The ARK Innovation exchange-traded fund (ARKK) jumped 18% after dropping 44% to start off the year, . .

Tesla (TSLA), Teladoc Health (TDOC), and Roku (ROKU) experienced double-digit gains.

Conversely, the Energy Select Sector SPDR (XLE), the only sector ETF to have a positive gain in 2022, dropped 3.9% and was the only one to finish the week lower.

If you’re a trader, you have to love the setup. Just 6% of semiconductor stocks are trading above their 200-day moving average, a sign they’re about as “oversold as they come,” writes John Kolovos, chief technical strategist at Macro Risk Advisors, who likes the charts on Advanced Micro Devices (AMD), Nvidia ( NVDA ), and Broadcom (AVGO), among others.

History suggests a short-term bounce is in the offing. On Monday evening, just after the S&P 500 had dropped 0.7%, Stifel strategist Barry Bannister told investors to expect a “relief rally” by April 30, but one that would weaken again starting in May. He cited the fact that November through April is usually stronger than the prior May through October. That hasn’t been the case so far, which makes the market “ripe for a rally,” Bannister says.

Similarly, the folks at Bespoke Investment Group note that when the Nasdaq gains 2.5% for two days in a row, it’s gone on to gain a median 3.4% over the next month, more than three times the median 1% rise over all periods going back to 1996. Unfortunately, those gains peter out over three months, suggesting that investors need to be more cautious than traders. “[More] often than not, these kinds of rallies have occurred during bear markets,” Bespoke notes.

Is this a bear market? Not yet. The S&P 500 is in a correction, defined as a drop of more than 10% but less than the 20% that defines a bear, and is down just 6.4% in 2022 after this week’s rally. BofA Securities Chief Investment Strategist Michael Hartnett calls this “the bear market ceasefire rally.” The bank’s financial stress indicator has had the fourth-largest spike of the past 20 years, but unlike prior episodes, the Fed has little leeway to act, given that inflation is just too hot, and rates are still far too low.

Can the Fed prop up the market? “Not this time,” Hartnett writes.

We’ll find that out soon enough."

UNDERSEA WARFARE SYSTEMS

Intro:

US Navy selects Leidos for Undersea Warfare Systems contract

Leidos (NYSE: LDOS), a FORTUNE® 500 science and technology leader, today announced it has been awarded a prime contract by the U.S. Navy’s Naval Information Warfare Systems Command (NAVWAR) to support the service’s undersea warfare systems. This single-award, Seaport Next Generation (NxG) task order has a total estimated value of $84 million. It includes a one-year base period, as well as four one-year options. Work will be performed in Virginia and Japan.

“Ensuring our sailors have the most advanced capabilities to defeat advancing threats is a top priority for our company”, said Will Johnson, Leidos Senior Vice President, Logistics and Mission Support. “We look forward to continuing our longstanding support of the Program Executive Office Undersea Warfare Systems as they work to keep the seas open and free.”

Through this contract, Leidos will provide operations and maintenance (O&M) crews aboard United States Naval Ship (USNS) Tactical Auxiliary General Ocean Surveillance (T-AGOS) platforms and contract vessels. Additionally, the company will provide a cadre of Field Support Team (FST) engineers to provide engineering, logistics and technical support to the Surveillance Towed Array Sensor System (SURTASS) fleet and IUSS (Integrated Undersea Surveillance System) Operations Support Center (IOSC).

Global Naval Sensors - Market and Technology Forecast to 2029

Global Naval Sensors - Market and Technology Forecast to 2029

Market forecasts by Region, Platform, and Product. Country Analysis, Market Dynamics, Market and Technology Overview, Trends overview, Opportunity and COVID-19 Analysis, and Leading Company Profiles

Published: February 2021 - Pages: 320 pages

Download free sample pages

Source: Leidos
Date: Mar 18, 2022
View original News release 


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Cyberwar Is Coming - Is The World Ready?

INTELLECTUAL PROPERTY RIGHTS CONCERNS?? Ukrainian Soldier Moves To Trademark ‘Russian Warship, Go Fuck Yourself”

A story from Snake Island that Timothy Geigner in a report from Techdirt didn't see coming

Ukrainian Soldier Moves To Trademark ‘Russian Warship, Go Fuck Yourself”

Because Of Course

<div class=__reading__mode__extracted__imagecaption>The illustration by the artist Boris Groh received the most votes in a competition held by the Ukrainian postal service. Photograph: Ukrposhta<br>The illustration by the artist Boris Groh received the most votes in a competition held by the Ukrainian postal service. Photograph: Ukrposhta</div> 

Trademark

from the licensing-bravery dept

from the licensing-bravery dept

"Thanks to Vladimir Putin and his one-man show designed to educate the world on just what can happen when a murderous dictator decides to throw a fit, the news is chock full of Ukraine. This has included Techdirt’s pages, which really shouldn’t be that big of a surprise. Still, I will admit that I didn’t see the possibility of trademark-related stories coming out of the war.

Yet here we are. You may recall the name Roman Gribov. He was one of several soldiers stationed on Snake Island in the Black Sea. When Russian warships began their part of the assualt of their sovereign neighbor, those warships communicated with Gribov, demanding that he and his fellow soldiers surrender. While staring down the barrel of the Russian Navy, Gribov offered up what is now an iconic response: “Russian warship… go fuck yourself!

From there, the rebuttal took on meme status. Other attacks on Russian military assets were punctuated with versions of the phrase. Ukraine’s postal service created a commemorative stamp consisting of a sketch based on the quote. And thorughout the Western world, the phrase began showing up on t-shirts and other items.

Which perhaps partially explains why Gribov, through his family, is attempting to trademark the now iconic verbal middle finger.

WTR has learned that the soldier who uttered the ‘f*ck yourself’ phrase – with permission obtained from his family and the Ukrainian military – is seeking an EU trademark for the term (in both Cyrillic script and English). It was filed yesterday by Taras Kulbaba, founder and lawyer at Bukovnik & Kulbaba, and covers a variety of goods and services from clothing and bags to entertainment and NFTs.

With the safety of the soldier and his family in mind, Kulbaba took a relatively unusual approach when filing for the mark. “When we got in touch with both the military and his family with the idea for a trademark, they all approved but were also concerned that if the application had the family address, it would be dangerous and lead to people making their life hell,” he told WTR. “So after discussing it with both parties, we decided to file the application with the Snake Island address, because it was his place of domicile for quite a long period of time.”

A couple of comments on this. This Ukranian soldier is at the very least a badass and, for me frankly, something of a vulgar hero who perfectly fits my personal sensibilities. And it seems a great many people agree and wanted to spread his iconic message around. And, sure, some of those people are trying to make money off of the phrase.

But is any of this really deserving of trademark protection? You see this sort of thing with athletes sometimes, but at least they tend to have plans to use their marks in actual commerce. In this case, there was no plan to do so until others started making money off these words first...

[.  ] I want to see this soldier and his family get good things coming to them, now more than ever. But the above still isn’t the purpose of trademark law. The idea here isn’t that you say something that goes viral and then you trademark it to turn it into a licensing business. Instead, trademarks are supposed to keep customer confusion at bay when it comes to a source of a good. I find it hard to believe that anyone is out there buying these t-shirts thinking that a Ukrainian soldier previously stationed on Snake Island made them in his off-time.

It’s all just kind of a depressing coda to an otherwise inspiring story. Ukrainian Soldier Moves To Trademark ‘Russian Warship, Go Fuck Yourself” Because Of Course

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READ MORE DETAILS >> https://www.techdirt.com/2022/03/18/ukrainian-soldier-moves-to-trademark-russian-warship-go-fuck-yourself-because-of-course/

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