Years of solid sales for Canadian marijuana growers could be as easy as A-B-C — or, more likely, THC. THC. It flows off the tongue much more easily than “tetrahydrocannabinol,” the full name of the chemical. THC is the primary chemical responsible for marijuana’s psychoactive effects. And it may be the primary reason several marijuana […]
The stock market continues one of the best, longest bull runs in memory. And for a number of reasons, the market has also been “expensive” by more than one valuation measure for quite some time. While that doesn’t guarantee that any kind of crash or correction is imminent — the market has been pricey for […]
1. Market mayhem: Main Street is feeling good right now — maybe a little too good if you ask Wall Street. After years of stagnant wages, American workers finally got a legit raise in January. Wages grew at the fastest pace since 2009 — a strong signal of a healthy economy and a tight jobs market. But there […]
It’s been a good run for the US stock market, but it couldn’t go on forever. On Feb. 2, stocks fell by more than 2%, dragging the market to its worst week in two years. The VIX, which measures volatility in the market, climbed. The Dow had its worst day since Brexit. Even tech darlings […]
With the yellow stuff climbing more than 12% last year, gold investors, in general, had reason to rejoice. Usually, the movements in gold-oriented companies’ stocks are highly correlated. There are always outliers, though — gold stocks that far exceed (or lag) the price of gold. And in 2017 it was no different. Shareholders of several […]
Financial markets took a drubbing this week amid investor concerns about rising interest rates. The Dow Jones Industrial Average tumbled more than 660 points Friday, marking the worst week since January 2016. Meanwhile, the benchmark 10-year Treasury note hit a four-year high. One factor is Friday’s jobs report, which showed a strong United States economy […]
Wall Street’s worst week in two years is creating anxiety that more losses are ahead for investors. Russell Investments’ Douglas Gordon suggested recently that feeling may be justified. He contended an unusual phenomenon is creating near-term challenges for the stock market. “You’ve got late stage in the expansion where you’ve got tightening monetary policy. But […]
It was the exclamation mark to a lousy week in the stock market — a 666-point drop Friday that could scare many investors and prompt them to reassess their portfolios. But let’s get real. A blizzard of stories and commentaries warned that a correction, or 10% drop, was not only overdue, but normal and just […]
Investors have spent much of the last year shrugging off geopolitical and economic risks, from the threat of nuclear conflict with North Korea to a potential trade war with China. Instead, they have focused on the strength of the United States economy, driven by banner corporate profits and President Trump’s push to lower taxes and […]
Stocks had a jumpy start to February and could be at an inflection point, depending in part on the direction of interest rates. Both Apple and Amazon were higher after the bell Thursday, and that post-earnings strength could spill into Friday’s trading. Friday could also be affected by the jobs report, expected to show 180,000 […]
Alan Greenspan gave a stark warning about the financial markets Wednesday “I think there are two bubbles. We have a stock market bubble and we have a bond market bubble,” Greenspan said in an interview on Bloomberg Television. “I think [at] the end of the day the bond market bubble will eventually be the critical […]
After a year of an often unpredictable administration, CNBC’s Jim Cramer was heartened to see President Donald Trump deliver a measured, predictable State of the Union address. “It’s ironic, but this president does, indeed, know what the stock market wants from him: it wants cheerleading, more defense dollars, less regulation, especially when it comes to […]
