will the "N" factor hammer all equity markets?

U.S. intelligence agencies believe that North Korea has increased its production of fuel for nuclear weapons at multiple secret sites in recent months — and that Kim Jong Un may try to hide those facilities as he seeks more concessions in nuclear talks with the Trump administration, U.S. officials told NBC News.

The intelligence assessment, which has not previously been reported, seems to counter the sentiments expressed by President Donald Trump, who tweeted after his historic June 12 summit with Kim that "there was no longer a nuclear threat from North Korea."

Analysts at the CIA and other intelligence agencies don't see it that way, according to more than a dozen American officials who are familiar with their assessments and spoke on the condition of anonymity. They see a regime positioning itself to extract every concession it can from the Trump administration — while clinging to nuclear weapons it believes are essential to survival.

In recent months, even as the two sides engaged in diplomacy, North Korea was stepping up its production of enriched uranium for nuclear weapons, five U.S. officials say, citing the latest intelligence assessment. North Korea and the U.S. agreed at the summit to "work toward" denuclearization, but there is no specific deal. On Trump's order, the U.S. military canceled training exercises on the Korean peninsula, a major concession to Kim.

While the North Koreans have stopped missile and nuclear tests, "there's no evidence that they are decreasing stockpiles, or that they have stopped their production," said one U.S. official briefed on the latest intelligence. "There is absolutely unequivocal evidence that they are trying to deceive the U.S."

Four other officials familiar with the intelligence assessment also said North Korea intended to deceive the U.S.

U.S. intelligence agencies have stepped up their collection against North Korea in recent years, and it appears to be paying off with greater insights into a country that has long been the world's hardest spying target, officials say. NBC News agreed to withhold some details of the latest intelligence assessment that officials said could put sources at risk.

"There are lots of things that we know that North Korea has tried to hide from us for a long time," a U.S. intelligence official said.

It's long been understood that North Korea had at least one undeclared facility to enrich nuclear fuel, aside from Yongbyon, its main nuclear site.

   These will develop "unrest" in equity markets around the world and this will also give a massive chance to "Bears" to mint money from share market.

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