• Ready to fix climate change now? It's going to make the price of beer skyrocket

    1 month ago - By Fast Company

    Extreme weather could cause the global beer supply to drop by around 16%.
    You may soon be paying more for beer because of climate change. A new study looked at how extreme heat waves and droughts, driven by emissions, can decimate barley crops, the key ingredient in beer. Under the worst-case scenario in a year where there's both extreme heat and extreme drought at the same time, global beer supply could drop by around 16%-roughly as much as the total beer consumption in the U.S, driving up the cost of every six-pack that's left.
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  • 'Fixed income markets around the world are going to double': JPMorgan's Dimon offers a bold outlook and it's a sign bond trading may soar again

    'Fixed income markets around the world are going to double': JPMorgan's Dimon offers a bold outlook and it's a sign bond trading may soar again

    1 month ago - By Business Insider

    JPMorgan CEO Jamie Dimon made a comment on the company's earnings call Friday that should give bond traders some optimism that the good times may be coming back.
    Dimon made these remarks as JPMorgan's fixed income results lagged that of rival Citigroup by the biggest gap since 2009.
    Bond trading revenue has suffered since the financial crisis as new regulations made it more expensive to hold inventory and regulators placed limits on proprietary trading.
    They were words you may not have predicted back in 2015, when Wall Street was wringing its hands over cuts to its historically lucrative...
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