Markets News 

This market rally is on ‘borrowed time’: Strategist

“The strategist believes that two key factors could eventually turn the market rally on its head” writes unknown author for cnbc.com. Furthermore, while global economic growth has been in a tailwind, if that were to reverse, then Stone would be “more concerned.”. According to the global chief investment strategist at PNC Asset Management, the market as of Tuesday had spent 281 trading days without a 5 percent pullback and 375 trading days without a 10 percent correction.However, Stone stresses that in the meantime, U.S. economic growth looks strong and the…

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A new $702 Nokia high-end smartphone unveiled ahead of Apple, Samsung launches

“Nokia is also stealing a march on Samsung which is gearing up to reveal the Galaxy Note 8 smartphone next month” writes Arjun Kharpal for cnbc.com. HMD Global, the start-up that licenses Nokia’s brand, launched a flagship smartphone on Wednesday, as it looks to establish itself as a major mobile player using the iconic brand. Source: cnbc.com Share This:

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One US factory is going global, while Trump shrinks the world

“In the world economy as depicted by President Trump, a product made in Mexico and sold on American shelves represents a theft” writes Peter S for cnbc.com. In outlining its goals for the Nafta renegotiation, the Trump administration listed as a priority shrinking American trade deficits with Mexico and Canada.Big Ass Fans could wind up paying more for motors it imports from Mexico. Source: cnbc.com Share This:

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U.S. Factory Goes Global as Trump Shrinks the World

“He has accused his predecessors of destroying American factory jobs by assenting to a series of abominable trade deals” writes Peter S for nytimes.com. A growing body of research has concluded that a surge of imported goods produced in low-wage countries — especially China — has indeed eliminated millions of American jobs in recent decades. Source: nytimes.com Share This:

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Even A ‘Minor’ Nuclear War Would Be An Ecological Disaster Felt Throughout The World

“Supporters of the treaty argue that even a limited, regional nuclear war would produce a catastrophic and global humanitarian crisis” writes Follow The Conversation for huffingtonpost.co.uk. Nuclear war is also a war on the environment The greatest concern derives from relatively new research which has modelled the indirect effects of nuclear detonations on the environment and climate.This is why so many medical and public health organisations have been campaigning to make nuclear weapons illegal.A large-scale nuclear war between the US and Russia would be far worse.Continued adversarial rhetoric from both…

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Crypto Markets News 

Bitcoin Price Sustains Momentum, Moving Closer to $4,200 as Demand Surges

“Although bitcoin price surpassed the $4,200 mark across many US-based exchanges, global bitcoin exchange market index providers including BraveNewCoin show that on August 13, bitcoin price peaked at $4,163” writes unknown author for cryptocoinsnews.com. After experiencing a minor correction and dipping below $3,850, bitcoin price has started to sustain its upward momentum, recovering beyond $4,150 and moving closer the $4,200 mark.Hence, today, on August 14, bitcoin price established its new all-time high at $4,195, based on the global bitcoin exchange market index.Bitcoin price overwhelmingly surpassed the maximum target of Goldman…

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Markets News Stocks 

Jeff Reeves: Why ‘America first’ isn’t your best investment idea

“Strong second-quarter results included 22% earnings growth in Japan and 13% earnings growth in Europe” writes Jeff Reeves for marketwatch.com. According to a recent report from J.P. Morgan Cazenove, global earnings growth should hit double digits in 2017 — the first such occurrence since 2011.One big headwind to emerging markets over the past couple of years has been the strong U.S. dollar DXY, +0.25% which increases borrowing costs significantly for emerging markets.Global growth is looking up Aside from regional specifics, it’s important to remember that no country or continent can…

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Factory farming in Asia creating global health risks, report warns

“But the growth is driven by a boom in factory farming that creates problems like emissions and epidemics, abuse of antibiotics and abuse of labour” writes Fiona Harvey for theguardian.com. Factory farming of poultry in Asia is also increasing the threat of bird flu spreading beyond the region, with more deadly strains taking hold, according to a new report from a network of financial investors. Source: theguardian.com Share This:

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Even a ‘small’ nuclear conflict would be a worldwide ecological disaster

“This is why so many medical and public health organisations have been campaigning to make nuclear weapons illegal” writes David Mccoy for businessinsider.com. Supporters of the treaty argue that even a limited, regional nuclear war would produce a catastrophic and global humanitarian crisis.Continued adversarial rhetoric from both Donald Trump and Kim Jong-un about the use of nuclear weapons is not making this possibility any smaller.The “ban treaty” will make nuclear weapons illegal for ratifying countries, and many see it as an opportunity to kick start a renewed effort towards multilateral…

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