Author Archives
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Investment Bank Predicts Investors Should Get Ready For A ‘Substantial’ Slowdown In The US Economy
The U.S. economy is expected to roll over as early as 2018, according to one investment bank and the bank is urging investors to prepare that roll over. “The US economy will in all likelihood slow down substantially: there is… Read More ›
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There Are More Billionaires In Asia Than The U.S.
With billionaires in Asia leading the pack, the world’s wealthiest individuals are on a roll. UBS Group AG and PricewaterhouseCoopers said in a report issued Thursday that after a decline 2015, billionaire wealth increased 17 percent to $6 trillion in… Read More ›
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Despite Booming, Bitcoin Sees Big Money Stays Away From It
As the value of all cryptocurrencies has surged tenfold this year to more than $170 billion globally, bitcoin is booming and digital currency hedge funds are sprouting at the rate of two a week. Yet for all the hype, taking… Read More ›
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Australian Assets Are Being Bought Up By The Wealthy Chinese, Here’s Why
From housing to ports to agriculture, Chinese investors are buying up assets very fast in Australia. From $300 million to more than $1 billion over the past year, Chinese investment in Australia’s agricultural sector has been very significant and this… Read More ›
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New Research Suggests That Economic Hypergrowth Could Result Due To Machine Learning
Artificial intelligence (AI) is already having a significant influence on everyday life, from Amazon’s Alexa learning which restaurants its users like, to Apple’s iPhone predicting the next word in a text message. What happens to economic growth if artificial intelligence starts generating… Read More ›
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Trump Official Says China’s Slow Reform Disappointed The U.S.
Ratcheting up the pressure on the world’s second-largest economy ahead of President Donald Trump’s visit to China next month, the U.S. has been disappointed this year at China’s lack of progress in pursuing market-oriented reforms, said a senior administration official…. Read More ›
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Fourth-Quarter Uncertainty Signaled By Top Oilfield Services
Activity could improve in the longer term as the global crude market comes into balance, said the world’s top two oilfield service firms on Friday but warned that weakness in offshore exploration and slower producer spending may weigh on current-quarter… Read More ›
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Traders Operating In Europe Should Be Ready To Give Up Their Passport Number
Traders of any European asset class would be forced to hand over personal identification such as passport numbers to every venue they trade on due to a seldom-discussed aspect of the looming MiFID II laws which is a potentially a recipe… Read More ›
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Lobbying For Immigrant ‘Dreamers’ To Remain In U.S. To Be Done By Tech Companies
With the demand for legislation that would allow young, illegal immigrants a path to permanent residency, nearly two dozen major companies in technology and other industries are planning to launch a coalition, according to reports by the media. The documents… Read More ›
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Could There Be A Repeat Of The 1987 Stock Market Crash?
Despite healthy corporate earnings and economic growth, investors are concerned that steep valuations may mean a correction is overdue, on the 30th anniversary of the 1987 stock market crash, when U.S. stocks are at a record high. However, is a… Read More ›