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Title : Wall Street Banks Are Sending Warning Signals
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Wall Street Banks Are Sending Warning Signals

1) We Could Be Close to a Downturn

The rally looks like it’s about to peter out, say analysts at banks like HSBC Holdings Plc, Citigroup Inc., and Morgan Stanley. They’re looking at the relationships between stocks, bonds, and commodities—and they’re worried people may be ignoring fundamentals. “Just like they did in the run-up to the 2007 crisis, investors are pricing assets based on the risks specific to an individual security and industry, and shrugging off broader drivers,” Bloomberg’s Sid Verma and Cecile Gutscher report.

2) The New iPhone Won’t Blow You Away

Not with anything revolutionary, anyway. There’s still a lot of sizzle and improved features in the iPhone 8. The device will be more powerful, the cameras will work better, and you’ll even be able to unlock it with your face. Some of the other stuff, however, is already on rival phones: wireless (inductive) charging, an almost all-screen front, an OLED screen. “We don’t feel an impatience to be first,” Apple CEO Tim Cook told Bloomberg. “Our thing is to be the best and to give the user something that really makes a difference in their lives.”

3) To Track Climate Change, Listen to the Frogs

This company is like Shazam for animal sounds. Wildlife Acoustics Inc., based in Massachusetts, sells devices that record bird arias, frog croaks, whale songs and more. There are 36,000 of them out there all over the world, from North America to the North Pole, used by scientists to listen in on the environment. One lesson? Pay attention to the frog. “Its disappearance from a habitat is an early warning that the place is becoming deforested, drier, or simply hotter,” Bloomberg’s Kyle Stock reports. READ MORE

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