News 

U.S. held global summit to isolate Iran, America isolated itself instead

“The discord on the issue of Iran dates back most recently to last May when the U.S. withdrew from the 2015 Iran nuclear deal, and European allies like France and Britain agreed to remain in the accord” reports tehrantimes.com. Their reason was simple: Although Trump said Iran tried to obtain a nuclear bomb, European nations saw no indication that Tehran sought one.That allowed Europe to keep the nuclear deal on life support while curbing the damage America’s sanctions could wreak on Iran’s economy.Asking Europe to do something it clearly doesn’t…

Read More
News 

Survey: 41% of Institutional Investors to Invest in ICOs Within Five Years

“The survey was conducted in December 2018 and January 2019 by market research company PollRight, and included responses from 71 global institutional investors, including private equity, hedge funds and pension funds” writes Max Yakubowski for cointelegraph.com. According to a survey of institutional investors conducted by the Global Blockchain Business Council (GBBC), 19 percent believe that digital assets will be regularly invested in and traded by 2021. Recently, cryptocurrency assets management fund Grayscale Investments presented their Q4 2018 report, noting that institutional investors were responsible for the majority of digital assets…

Read More
Crypto Markets News 

Report: Global Blockchain in Energy Utilities Market to Grow 60% by 2024

“The global blockchain in energy utilities market is expected to grow by 60 percent by 2024, according to a new report from Infoholic Research LLP published on Feb. 15” writes Ana Alexandre for cointelegraph.com. Per the report, the global blockchain in energy utilities market was assessed to be $210.4 million in 2018, and is expected to reach $3.4 billion by 2024.To prepare the report, Infoholic Research reportedly analyzed the deployment of blockchain in the energy utilities market on a global scale by components, services, application, and regions.Infoholic Research thus predicts…

Read More
Markets News Stocks 

After strong 2019 start for U.S. stocks, trade verdict looms

“Investors are increasingly hopeful about a positive resolution as a March 1 deadline for trade talks nears” reports businessinsider.com. “Risk assets across the spectrum would see severe selling pressure if trade talks completely collapsed and tariff rates rose,” Saglimbene said.But a trade deal that avoids more severe tariffs could help, since many companies prepared investors for the worst.And if the United States and China reach a deal, market professionals say clarity after the lengthy dispute should continue to push shares higher. Source: businessinsider.com

Read More
Markets News Regulators Stocks 

Get used to wild swings for this stock market, and thank the Fed for that, says analyst

“Our call of the day, from Seema Shah, global investment strategist at Principal Global Investors, is less sanguine” writes Markets Reporter for marketwatch.com. A big data dump awaits, on the heels of that dismal retail sales data.Or, if the Fed was simply propping up markets, renewed fears of inflation and rising interest rates are likely.Shah worries that the market has swung from “excessively pessimistic to excessively optimistic,” and may be underestimating coming headwinds from a global slowdown.Investors have been haunted by three big themes this week: trade talks, U.S. politics…

Read More
Markets News 

Asian markets fall as global economic uncertainty grows

“According to the Commerce Department, December retail sales fell 1.2% from the previous month, its biggest drop since September 2009” writes Associated Press for marketwatch.com. Traders are wondering if the latest retail sales figures are a harbinger of more bad news to come,” said Song Seng Wun, an economist at CIMB Private Banking.U.S. crude CLJ9, +0.24%   added 6 cents to $54.47 per barrel in electronic trading on the New York Mercantile Exchange.Asian shares were broadly lower on Friday, tracking a weak Wall Street session as traders awaited the conclusion…

Read More
News 

Lyft to woo investors with fast U.S. growth in IPO race with Uber

“Given that both Uber and Lyft are still losing money, investors will be focused on their growth and potential for future profitability” reports businessinsider.com. So Lyft will be seeking to assure IPO investors it represents an attractive bet compared to its more established competitor, people familiar with its marketing strategy said.Lyft plans to tell investors its U.S. market share is approaching 40 percent, up from 35 percent in early 2018, the people said. Source: businessinsider.com

Read More
News Oil 

BP warns war on plastic will help cut global oil demand

“The oil major predicted a peak in global oil demand for the first time last year, and in its latest outlook report warned that a crackdown on plastic waste, which is made from fossil fuels, could play a role in slowing oil demand” writes Ben Marlow for telegraph.co.uk. The war on single-use plastics could cut demand for oil faster than previously expected over the next two decades, BP has warned.BP expects demand for oil to rise 0.3pc a year before plateauing in the 2030s.The “much slower” growth forecast is well below…

Read More
News 

Climate disasters cost $650 billion over 3 years — Americans are bearing the brunt: Morgan Stanley

“Climate-related disasters have cost the world $650 billion over the last three years, and North America is shouldering most of the burden, according to a new report from Morgan Stanley” writes unknown author for cnbc.com. At $650 billion, the three-year price of climate disasters totals just over a quarter of a percent of global gross domestic product, the analysts say.”We expect the physical risks of climate change to become an increasingly important part of the investment debate for 2019,” Morgan Stanley equity strategists Mark Savino, Jessica Alsford and Victoria Irving…

Read More