The Traderszone Network

Alcoa’s last results before its split into two disappointed markets, but there’s some upside in the new structure.

The latest from Moody’s, titled:
Australia’s economy displays resilience to commodity price declines,
but external financing risks linger

– Australia will be the fastest growing Aaa-rated commodity exporting economy in 2016
Moody’s assumes that commodity prices will remain well below their previous peaks over the next few years.

JPMorgan Chase & Co has announced its second entrant into the blockchain fray, this time utilizing the smart contract enabled ethereum blockchain in creating a system called Quorum.

Bloomberg with this piece on potential bond defaults in China
– China’s economic slowdown is weighing on revenue at regional governments
– Hampering their ability to support the 5.3 trillion yuan ($789 billion) of outstanding onshore notes from local-government financing vehicles, which have yet to suffer nonpayments.

The former partner at Ackman’s hedge fund is in the planning stages to launch Mantle Ridge LP.