The Safe Banking Act is proposed legislation aimed at bridging the gap for cannabis companies at the state and federal levels. And with Congress right in the thick of its lame-duck session, the cannabis industry is practically holding its breath to see if federal banking reform will happen. It’s exciting to see the Senate pass… Continue reading This Week in Cannabis Investing: Safe Banking Act in Focus During Lame-Duck Session
Kiplinger’s Weekly Earnings Calendar (Nov. 28-Dec. 2)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. Please check back often. This earnings calendar is updated weekly. Monday (11/28)Tuesday (11/29)Wednesday (11/30)Thursday (12/1)Friday (12/1) (Editor’s Note: Earnings dates in tables are tentative. “Earnings Spotlights” will return next week.) Subscribe to Kiplinger’s Personal Finance… Continue reading Kiplinger’s Weekly Earnings Calendar (Nov. 28-Dec. 2)
Here’s how a Russian oil price cap could flop – and instead benefit China and India
A price cap on Russian crude is set to begin December 5, with the aim of limiting Moscow’s revenue while keeping supplies flowing. But it could a have minimal effect on its intended target and instead help China and India. Oil historian Gregory Brew and Energy Aspects analyst Livia Gallarati explain what it means for… Continue reading Here’s how a Russian oil price cap could flop – and instead benefit China and India
Oil prices edge higher despite the West’s Russian price cap talks and more Chinese lockdowns
Oil benchmarks crept higher Friday, with Brent crude at $86.68 a barrel and WTI at $79.76. Discussions about western countries capping Russian crude at between $65 and $70 a barrel continue. China reported a record number of COVID-19 infections on Friday, sparking fears of slowing demand. Loading Something is loading. Thanks for signing up! Access… Continue reading Oil prices edge higher despite the West’s Russian price cap talks and more Chinese lockdowns
US stocks will slump, inflation will cool, and a recession will hit as a global downturn takes hold, top UBS strategist says
US stocks could rally in the short term but haven’t bottomed yet, Bhanu Baweja said. The top UBS strategist sees underlying inflation cooling, and the US economy suffering a recession. Earnings pressure, higher bond yields, and a global downturn will likely weigh on stocks, he said. Loading Something is loading. Thanks for signing up! Access… Continue reading US stocks will slump, inflation will cool, and a recession will hit as a global downturn takes hold, top UBS strategist says
31 stocks that mutual funds are heavily betting on, driving their best-performing year since 2007 according to Goldman Sachs
Mutual funds are set to have their best year of outperformance relative to benchmarks since 2007. An actively managed fund proved beneficial during a year of economic uncertainty. Fears of a recession caused funds to rotate to stocks with strong balance sheets. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading 31 stocks that mutual funds are heavily betting on, driving their best-performing year since 2007 according to Goldman Sachs
Brace for ‘violent’ shocks that may reshape the global economy forever, warns top economist Mohamed El-Erian
The global economy is headed for a severe recession, Mohamed El-Erian has warned. The economist expects “more uncertainty in the future as shocks grow more frequent and more violent”. The recession will be drawn-out rather than “short and shallow”, he added. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Brace for ‘violent’ shocks that may reshape the global economy forever, warns top economist Mohamed El-Erian
Long-term rate hikes effects will be ‘more powerful’ than people think: Stephen Poloz
Former Bank of Canada governor warned today’s economy is more sensitive to interest rates than it was 10 years ago Author of the article: The Canadian Press Nojoud Al Mallees Publishing date: Nov 24, 2022 • 8 hours ago • 2 minute read Join the conversation Stephen Poloz, former governor Bank of Canada, during the 2022… Continue reading Long-term rate hikes effects will be ‘more powerful’ than people think: Stephen Poloz
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