Category: Stocks

This little-known but spot-on economic indicator says recession and lower stock prices are all but certain

This little-known but spot-on economic indicator says recession and lower stock prices are all but certain

An obscure and arcane economic indicator suggests that Federal Reserve Chairman Jerome Powell was wrong when he said at his Nov. 30 news conference that “There is a path to a soft, a softish landing” for the U.S. economy. This indicator traces to the large divergence between consumers’ views about the economy in general and […]

RIV Capital sees ‘operational challenges,’ opportunities in uncertain New York cannabis market

RIV Capital sees ‘operational challenges,’ opportunities in uncertain New York cannabis market

RIV Capital, the cannabis-investing company backed by Scotts Miracle-Gro Co., has cited regulatory uncertainty and market dynamics in New York in a big impairment on its pending acquisition of Etain. RIV Capital CNPOF, +25.16% RIV, +30.36% said Tuesday that regulatory uncertainty and other factors caused a drop in the estimated fair value of Etain by […]

5 things not to buy on Black Friday

5 things not to buy on Black Friday

It’s a year for shopping prudently. Americans will spend between $942.6 billion and $960.4 billion this holiday season, according to projections from the National Retail Federation. That’s up from last year when holiday sales hit a record $889.3 billion, the trade association said. However, people are not willing to go as crazy this Black Friday […]

Gold, TIPS, bitcoin and alternative ETFs haven’t been the inflation hedges they were supposed to be

Gold, TIPS, bitcoin and alternative ETFs haven’t been the inflation hedges they were supposed to be

You may want to consider selling your inflation hedges. This coming Thursday’s report on the Consumer Price Index is projected to show U.S. inflation continuing its recent moderating trend (to 7.9%, according to economists surveyed by the Wall Street Journal — down from the previous month’s 8.2% annual rate and June’s 9.0% rate). Moreover, inflation […]

For EVs, solar tax breaks and climate change, here are the midterm elections that matter

For EVs, solar tax breaks and climate change, here are the midterm elections that matter

Climate change may not top inflation when it comes to burning midterm election issues, but the younger the voter, the more important the topic grows. Clean-energy jobs are at stake, as are a handful of popular tax incentives in favor of electric vehicles and efficient home energy upgrades, passed just a few months ago. No […]

BizToc

BizToc

Hurricane Lisa developed in the Caribbean as the storm churned toward Belize on Wednesday, while Tropical Storm Martin is also forecast to become a short-lived hurricane. #storm #caribbean #hurricanelisa #belize #hurricane #tropicalstormmartin

250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says

250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says

Benchmark U.S. Treasury bonds are facing their worst annual returns since 1788, but a big bounce is likely in the new year, along with a stock rout. That’s according to a team of strategists at Bank of America led by Michael Hartnett, who looked at 250 years of history to conclude that bonds are headed […]