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from Mark Jones:

Rob Cox: Crazy valuations not only sign of bubble http://t.co/TmIffaQwDH

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Rob Cox: Crazy valuations not only sign of bubble http://t.co/TmIffaQwDH

from Mark Jones:

Revising Obama’s ‘deporter in chief’ policy http://t.co/0vuVCcQ5iP

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Revising Obama’s ‘deporter in chief’ policy http://t.co/0vuVCcQ5iP

from Sujata Rao:

Buying back into emerging markets

After almost a year of selling emerging markets, investors seem to be returning in force. The latest to turn positive on the asset class is asset and wealth manager Pictet Group (AUM: 265 billion pounds) which said on Tuesday its asset management division (clarifies division of Pictet) was starting to build positions on emerging equities and local currency debt. It has an overweight position on the latter for the first time since it went underweight last July.

Local emerging debt has been out of favour with investors because of how volatile currencies have been since last May, For an investor who is funding an emerging market investments from dollars or euros, a fast-falling rand can wipe out any gains he makes on a South African bond. But the rand and its peers such as the Turkish lira, Indian rupee, Indonesian rupiah and Brazilan real -- at the forefront of last year's selloff --  have stabilised from the lows hit in recent months.  According to Pictet Asset Management:

from Global Investing:

Buying back into emerging markets

After almost a year of selling emerging markets, investors seem to be returning in force. The latest to turn positive on the asset class is asset and wealth manager Pictet Group (AUM: 265 billion pounds) which said on Tuesday its asset management division (clarifies division of Pictet) was starting to build positions on emerging equities and local currency debt. It has an overweight position on the latter for the first time since it went underweight last July.

Local emerging debt has been out of favour with investors because of how volatile currencies have been since last May, For an investor who is funding an emerging market investments from dollars or euros, a fast-falling rand can wipe out any gains he makes on a South African bond. But the rand and its peers such as the Turkish lira, Indian rupee, Indonesian rupiah and Brazilan real -- at the forefront of last year's selloff --  have stabilised from the lows hit in recent months.  According to Pictet Asset Management:

from Breakingviews:

Trendy new buyout clubs may let down eager patrons

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By Jeffrey Goldfarb
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Trendy new buyout clubs may disappoint their eager would-be patrons. Blackstone Group is enlisting some of its fund investors to help buy auto-parts maker Gates for $5.4 billion. Such collectives are increasingly displacing teams of private equity firms in bigger deals. Returns from so-called co-investing, though, could make it a passing fad.

from Mark Jones:

Buying back into emerging markets http://t.co/AWF17sRqY2

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Buying back into emerging markets http://t.co/AWF17sRqY2

from Breakingviews:

Russia would pay steep price for Ukraine invasion

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By Pierre Briançon

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Vladimir Putin wants to destabilise Ukraine, but he may balk at the economic price Russia would pay for a full-blown invasion. The seizure of government buildings in several eastern Ukrainian cities has rekindled fears of military intervention in the mostly Russian-speaking parts of the country. A major consideration before sending in troops would be the price paid by Russia’s economy. Putin can expect to be severely punished by both markets and Western governments.

from Reuters FYI:

App accidents, creepy leather and clowns galore

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A baby pushes on the nose of Diana Ciepiela as he is held by his father at the World Clown Association's annual convention, March 26, 2014. REUTERS/Jim Young

Gallery: Coulrophobes need not apply

Bows, wigs, floppy shoes and more: Presenting the most compelling images from this year's World Clown Association convention.

from Global Markets Forum Dashboard:

Russia/Ukraine tensions rising again

 Tension is rising again in Ukraine as the country accuses its eastern neighbour of orchestrating the moves of Russian separatists in the region. Police detained 70 people occupying a regional administration building in the eastern Ukrainian city of Kharkiv overnight, but pro-Moscow protesters held out in a standoff in two other cities in what Kiev called a Russian-led plan to dismember the country.  In an article on the website of Britain's Guardian newspaper, Russia Foreign Minister Sergei Lavrov denied Russia was destabilizing Ukraine and accused the West of the "groundless whipping-up of tension". 

Breakingviews' Pierre Briancon told us that the West did not have too many options to counter the desire of Putin to destabilize eastern Ukraine. "They can only advise Kiev to go peacefully but firmly - it's a tough balancing act between maintaining legality and not clamping down too hard on protesters," he said. "The global question for the West is how to calm Russia and take the paranoia down a notch, while not giving in to Putin's current, outrageous demands on the future of the country." 

from Jack Shafer:

Dressing up the NYT with fins, chrome and glitter

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At the beginning of April, the New York Times launched its "Times Premier" digital offering, accessible to Times home delivery subscribers for another $10 every four weeks, on top of what they are already paying. A bewildering product, it seeks to up-sell existing Times customers to a more deluxe version of the Times.

But isn't the Times supposed to be the deluxe version of the Times in the first place? It's one thing for Scientology to charge you thousands and thousands of dollars to reach the highest level only to find out there is another level, and to reach it you have to pay again. But Scientology is selling transcendence, and the last time I looked the Times is selling only the news and a useful status chit.

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