Markets News Stocks 

Emerging markets are red hot right now. Three investments for the rest of 2019

“This is one of the best times to diversify into emerging markets,” said Luca Paolini, chief strategist at Pictet Asset Management” writes unknown author for cnbc.com. Emerging markets have been one of the hottest trades of the year thus far.Investors thinking about betting in emerging markets should look at Brazilian stocks, Mexican bonds and banks in the space, according to strategists and analysts. “Everything is pointing to outperformance in emerging markets.”.  Source: cnbc.com

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Kamala Harris admits she smoked marijuana in college even though she didn’t support legalization until recently

“Kamala Harris admitted she smoked marijuana in college and said the drug “gives a lot of people joy,” despite remaining mum on legalizing weed until last year” writes Eliza Relman for businessinsider.com. Last May, Harris reversed course, co-sponsoring the Marijuana Justice Act, which would end the federal prohibition on marijuana.Harris added that the drug, which the majority of 2020 Democratic presidential candidates support legalizing, “gives a lot of people joy.”.  Source: businessinsider.com

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Chipotle enlists Oscar-winner Errol Morris for documentary-style ads

“See: Chipotle’s digital sales and marketing initiatives could finally put illness outbreaks in the past Have breaking news sent to your inbox” writes Tonya Garcia for marketwatch.com. CMG, -0.51% said Monday that it has brought on documentarian Errol Morris to create digital and television ads that showcase the fast-casual chain’s operations over the past quarter century. Source: marketwatch.com

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Central banks are buying the most gold since the end of the Second World War — here’s why

“Central banks have been buying up gold at a rate not seen since the Second World War as concerns about geopolitics and the strong dollar see a shift in appreciation for the quintessential risk-free asset” writes Callum Burroughs for businessinsider.com. Bernstein also point out that beyond the conversation about central bank’s holdings of gold is its increase in use over jewellery. Both private and public “monetary” holding of gold have overtaken jewellery demand as the primary source of demand growth for gold in recent years, according to Bernstein.As well as…

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Markets News Stocks 

Stocks are rallying before fresh trade war talks between the US and China kick off

“Global stocks are rallying sharply Monday ahead of a busy week for markets in which investors are bracing for significant volatility” writes Will Martin for businessinsider.com. With trade talks between Washington and Beijing kicking off Monday, as well as China’s markets reopening after a week off, it is set to be a busy week for stocks.US stocks also look set to climb when markets open stateside later in the day. Source: businessinsider.com

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Shaftesbury’s biggest shareholder threatens legal action after failing to oust bosses 

“The largest shareholder in West End landlord Shaftesbury is threatening to sue the company after failing to oust its bosses at its annual meeting on Friday” writes Jack Torrance for telegraph.co.uk. Mr Lee, who owns a 26pc stake in Shaftesbury, has been locked in a war of words with its directors for the past year, accusing them of deliberately trying to dilute his stake to prevent a possible takeover attempt in the future. Source: telegraph.co.uk

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Wreck discovered of first Japanese warship lost in Second World War

“US researchers have confirmed that a wreck discovered off the Solomon Islands last year is the Imperial Japanese Navy battleship Hiei, the first Japanese warship lost in the Second World War” writes Damien Phillips for telegraph.co.uk. The images also show a large breach in the hull that it sustained during the November 1942 First Naval Battle of Guadalcanal with US Navy warships and aircraft.Underwater craft remotely controlled from the R/V Petrel explored the wreck in late January, revealing the warship’s 6-inch guns in the debris field, crates of anti-aircraft rounds…

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Gold holds firm on trade, growth worries; heads for weekly fall

“Stocks pulled back sharply around the world on fears of a global growth slowdown spreading to Europe and uncertainties around U.S.-China trade tensions” writes unknown author for cnbc.com. The two countries had taken a 90-day hiatus in their trade war to work out a deal.Gold held steady on Friday on worries that a prolonged Sino-U.S. trade war could worsen global economic slowdown, but a strong dollar put bullion on track for its first weekly loss in three.”People are still not sure in what direction the trade war might go,” Sharma…

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