News 

Investors want radical change to get Hammerson back on top

“Shopping centre owner Hammerson faces a backlash from shareholders on plans to trim its portfolio of properties, amid simmering frustration over its handling of takeover bids earlier this year” writes Liam Halligan for telegraph.co.uk. Activist investor Elliott Advisors, which recently ­increased its stake in Hammerson to almost 5.3pc, has spent the past few weeks rallying other shareholders to call for a more radical shake-up than the one due to be proposed this week by David Atkins, the chief executive. He is expected to outline plans to sell some ­under-performing properties…

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News Stocks 

Stocks end slightly lower as traders shrug off trade talk

“That helped banks because bond yields are used to set interest rates on many kinds of loans including mortgages” writes Marley Jay for seattletimes.com. Stocks wobbled all week as investors reacted to solid company results as well as heightened trade tensions.NEW YORK (AP) — U.S. stocks inched lower Friday as bond yields jumped, a shift that helped banks but hurt companies that pay big dividends.Companies including Microsoft and Honeywell rose as investors were pleased with their quarterly reports, but General Electric stumbled.Investors have worried that the trade war and other…

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The CEO of the first marijuana company to IPO in the US reveals why this was the right time to go public

“Two other marijuana companies, Cronos Group and Canopy Growth trade on US public exchanges, though both were already public in Canada” writes Jeremy Berke for businessinsider.com. The marijuana industry has suffered from capital constraints as these big-money organizations have generally sat on the sidelines.Kennedy is also the CEO of Privateer Holdings, a Seattle-based holding company that invests in marijuana brands.”Nasdaq is where global disruptors list, and we consider Tilray to be a pioneering company,” Kennedy said.Tilray, a Canadian-based company, became the first marijuana producer on Thursday to conduct an initial…

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Source: GV has for years been using an algorithm, dubbed The Machine, to help make investment decisions

“When venture capitalists at GV do it, they go to something called “The Machine.”” reports axios.com. When most venture capitalists want approval to make a new investment, they go to their partners.The first is that some GV investors have been known to try gaming the machine, manipulating inputs to get the desired results. Source: axios.com Share This:

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for years has used an algorithm that effectively permits or prohibits both new and follow-on investments

“When venture capitalists at GV do it, they go to something called “The Machine.”” reports axios.com. When most venture capitalists want approval to make a new investment, they go to their partners.The first is that some GV investors have been known to try gaming the machine, manipulating inputs to get the desired results. Source: axios.com Share This:

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Markets News Regulators 

The ECB’s bond-buying program could have masked major risks

“She was talking about the effects of the ECB’s bond buying program as part of a broader warning that investors are no longer seeing risks” writes Wolf Street for businessinsider.com. When credit risk is not being priced at all – when it’s free – this most important gauge of the credit market is worthless.Credit risk wasn’t priced in at all.That’s when investors will begin to discover, as Erdoes put it so elegantly, that they have “a bunch of walking-zombie companies.”.  Source: businessinsider.com Share This:

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Gold inches higher as US dollar eases

“Gold prices rose slightly early Thursday, after hitting a one-year low in the previous session, as the U.S. dollar eased off a three-week high” reports cnbc.com. Spot gold was up 0.1 percent at $1,227.55 an ounce at 0058 GMT. The metal fell to its lowest since mid-July 2017 at $1,220.81.The dollar index, which measures the greenback against a basket of six major currencies, was down 0.1 percent at 95.022 after hitting a three-week high of 95.407 on Wednesday.U.S. gold futures for August delivery were little changed at $1,227.40 an ounce. Source:…

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Crypto News 

Are You an Investor or a Gambler?

“As investors, we must combat our tendency to miscalculate probabilities by relying on fundamentals, not price movement” writes Matthew Blume for nasdaq.com. Most of us have fallen victim to this cognitive bias at one time or another, whether with coin flips, dice rolls, or other activities in which chance plays a role.Valuations matter for securities, and price moves can affect valuations, but price moves are, by themselves, irrelevant.Imagine this scenario: you’ve just flipped a coin in the air 10 times, and somehow, all 10 flips came up heads. Source: nasdaq.com Share…

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Crypto News Regulators 

Fed Chairman Powell says cryptocurrencies present big risks to investors

“Bitcoin, the world’s most popular cryptocurrency, traded 1.5 percent higher at $7,430.01 on Wednesday, according to data from CoinDesk” writes Yuri Gripas for cnbc.com. The head of the Federal Reserve raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors.The Fed chairman also said cryptocurrencies are not real currencies because they have no intrinsic value.”There are investor and consumer protection issues as well,” Powell said in front of the House Financial Services Committee.Powell previously commented on crypto last November, when he said that a drop in cryptocurrency…

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Blackstone’s Gray says this is the biggest mistake investors can make amid trade-war worries

“Gray said Wall Street investors should instead focus on the economy’s strength” writes Markets Reporter for marketwatch.com. “Waiting for an all-clear [on the trade issue] is a mistake,” he said at CNBC’s Delivering Alpha conference.Jonathan Gray, the president of alternative investment manager Blackstone Group L.P. BX, +1.37% on Wednesday encouraged investors to look beyond the short-term volatility that has at times rattled markets amid heightened trade tensions between the U.S. and its major trading partners. Source: marketwatch.com Share This:

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