News 

Duke and Duchess of Sussex seek own team to build their global royal brand

“The Duke and Duchess of Sussex are to bring in their own team to shape their future work in the Royal Family, as they build a new Sussex brand on a global platform” writes Harry Mount for telegraph.co.uk. Their recent appearances, in front of cheering teenagers and on a panel for International Women’s Day, have suggested they hope to build a profile as global philanthropists, speaking of “humanitarian issues” and feminism to Commonwealth youth. Source: telegraph.co.uk

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News Stocks 

S&P 500, Nasdaq close at 5-month high on China trade, global growth optimism

“Consumer sentiment rose in March to 97.8 from 93.8 in February, according to a preliminary reading of the University of Michigan consumer sentiment index” writes Markets Reporter for marketwatch.com. The S&P 500 index SPX, +0.41% climbed 14 points, or 0.5%, to 2,822.48 and the Nasdaq Composite Index COMP, +0.76% advanced 57.62 points, 0.8%, to 7,688.53.U.S. stocks closed higher Friday, with the S&P 500 and the Nasdaq finishing at five-month highs, as market sentiment was buoyed by encouraging headlines on U.S.-China trade negotiations and Chinese assurances of forthcoming economic stimulus. Source: marketwatch.com

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News Stocks 

Stocks gain on China trade, global growth optimism; Boeing shares lift Dow

“Consumer sentiment rose in March to 97.8 from 93.8 in February, according to a preliminary reading of the University of Michigan consumer sentiment index” writes Markets Reporter for marketwatch.com. The gains would mark the biggest weekly gain since the period ended Feb. 15, according to FactSet data.BIOS, -24.93% shares sank 26% after the company announced a deal to merge with privately held Option Care Enterprises Inc.U.S. stocks rose Friday as major benchmarks aimed for their most robust weekly gains in a month with sentiment buoyed by encouraging headlines on U.S.-China…

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News 

Lawrence Hamtil: The Global Portfolio’s Rough Three Decades

“Indeed, currency had a material impact over the last three decades: Perhaps, then, the fairest comparison is the U.S.-only compared to a currency-hedged global portfolio?” writes Lawrence Hamtil Is for fortunefinancialadvisors.com. Given a greater max drawdown and lower Sharpe ratio (which measures risk-adjusted returns), it is hard to argue that a global portfolio offered any value to American investors at all.Similarly, foreign equity portfolios with factor tilts such as momentum and minimum volatility offer value to investors.In addition, investors may find better value in foreign small caps as I have discussed…

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Markets News 

Don’t look now, but global economic reports are starting to surprise investors in a good way

“Economic data continued to disappoint in early 2019, though more recent readings have shown signs of stabilization” writes Deputy Markets Editor for marketwatch.com. It’s worth watching, however, because it picks up changes much more quickly than the 12-week window (captured by the black line) which is similar to what’s used in most economic surprise indexes, he noted.Efforts by China to boost its economy, which is facing cyclical headwinds as well as trade-related worries, have also cheered investors.At the same time, worries over the outlook for global growth have at times…

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News 

Global horror…

“British Prime Minister Theresa May offered deepest condolences “after the horrifying terrorist attack in Christchurch” reports yahoo.com. “It is clear that this can now only be described as a terrorist attack,” said Prime Minister Jacinda Ardern, describing it as “one of New Zealand’s darkest days.”. “The brutal attack… will never diminish the tolerance and decency that New Zealand is famous for.”. The world reacted with horror to the New Zealand mosque attacks Attacks on two mosques in New Zealand which left at least 49 people dead on Friday have sparked…

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News 

Students around world begin ‘climate change’ walkout…

“On climate change, we have to acknowledge that we have failed,” Thunberg told the global ruling class in Davos in January” writes News Wires for france24.com. A global day of student protests aimed at spurring world leaders into action on climate change to protect the planet for future generations kicked off in Australia and New Zealand Friday.The UN’s climate science panel warned in October that only a wholesale transformation of the global economy and consumer habits could forestall a climate catastrophe. Source: france24.com

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News Oil 

Here’s what may shake OPEC’s commitment to production cuts

“The Joint Ministerial Monitoring Committee, which monitors compliance with output cuts, will hold its next gathering on Monday, March 18” writes Markets Commodities Reporter for marketwatch.com. However, the cuts eventually may run head-on into the effects of increased U.S. shale production and more output from other sources.Year to date, U.S. CLJ9, +0.46%  and global oil futures LCOK9, -0.55%  have rallied by more than 20% as of Thursday after dropping by 20% or more in 2018.The 11 OPEC members under the quotas achieved 79% of their committed cuts in February, with…

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Futures News Oil 

Oil pressured amid uncertainty over U.S.-China trade talks

“Oil futures headed higher on Thursday as recent data revealed a weekly decline in U.S. crude supplies and global production continued to decline” writes Markets Commodities Reporter for marketwatch.com. On Wednesday, the Energy Information Administration reported that U.S. crude supplies unexpectedly fell by 3.9 million barrels for the week ended March 8.The report also left the global demand growth forecast for 2019 unchanged from the previous month, at 1.24 million barrels a day, for total demand expectations of 99.96 million barrels a day.The EIA also reported that total domestic crude…

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