Markets News Stocks 

Morgan Stanley identified 12 trades to protect you from a stock market meltdown

“UST-Bunds 10y and long vol strategies in UST 10y, US HY and USDJPY are cheap assets with a negative correlation to global equities.”” writes Akin Oyedele for businessinsider.com. “In fact, we find that sectors like staples,utilities and telecom and value versus growth equities are cheap relative to MSCI ACWI and have negative correlation to global equities.”Over the last 25 years, bonds have been an effective portfolio diversifier,” Wanting Low, a cross-asset strategist at Morgan Stanley, said in a note on Sunday.Given where global bond yields stand currently, the ability of…

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Crypto Markets News 

Investing in cryptocurrencies? Understand how to diversify your portfolio

“When I first started investing in cryptocurrencies, I decided to go all in on Ether, the native currency of the Ethereum blockchain” writes Trond Vidar Bjor for venturebeat.com. The basic idea is that investing in a decentralized application (dapp) token can be compared to investing in a startup company.Investing in a protocol token, on the other hand, means you diversify across all applications that will be built on the protocol, drastically increasing your winning chances.Perhaps you prefer to diversify vertically, in various dapps and protocols living on the same blockchain.Or…

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News Oil 

What’s happening in Saudi Arabia is ‘extraordinary,’ says Blackstone CEO

“The private equity billionaire was referencing Vision 2030, the Saudi government’s state-led initiative to diversify its economy away from oil, invest in innovative industries and create new jobs for a fast-growing youth population” writes Natasha Turak for cnbc.com. “It’s orderly, but it is a rush to enter the 21st century and position the country to diversify away from oil. Source: cnbc.com Share This:

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Crypto News 

‘Crazy’ ICOs are driven by Bitcoin millionaires who need to diversify but don’t want to pay tax

“And it can be cashed out for Bitcoin or regular fiat “real world” currency if you don’t want it anymore” writes Jim Edwards for businessinsider.com. In Liew and Smith’s opinion, a lot of it is coming from Bitcoin millionaires who want to diversify their exposure. Source: businessinsider.com Share This:

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News 

How ex-NFL LB Shawne Merriman is working to diversify NASCAR and its fan base

“NASCAR has been working to diversify its drivers and crews, particularly with the launch of the Drive for Diversity program in 2004” writes Michelle Is A for usatoday.com. We had plenty of opportunities to play football and basketball and other sports because that was there, but never had an opportunity to go out to a NASCAR race.We would never have the opportunity to go out to a NASCAR track – ever. Source: usatoday.com Share This:

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News 

Bill to diversify Md. medical marijuana industry fails in final seconds of session

“On Tuesday, Glenn said she would call on legislative leaders to hold a one-day special session to pass the medical marijuana bill” writes Fenit Nirappil Covers for washingtonpost.com. A group representing the 15 cultivation companies approved last summer by the Maryland Medical Cannabis Commission celebrated the legislation’s defeat.Cheryl D. Glenn (D-Baltimore) made diversifying the state’s new medical marijuana industry a top priority for the largest caucus in the General Assembly, and the issue is personal.Members of the 16-member Maryland Medical Cannabis Commission also were fighting for their jobs because the…

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News 

Manulife’s new China license targets outward-focused investors

“As Chinese investors look to diversify their holdings, Manulife could benefit” writes Nyshka Chandran for cnbc.com. Earlier this month, the Canadian giant became the first financial institution to secure an investment company wholly foreign-owned enterprise (WFOE) licence in China, which allows it to launch investment products on the mainland via a wholly-owned local subsidiary.”We have investment products that are manufactured around the world, allowing people access to global investment opportunities, and we’ll be able to sell them to qualified institutional investors here in China,” CEO Donald Guloien told CNBC at…

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