The September jobs report was one of those perverse examples of “good news is bad news” as far as the market was concerned. Although payroll growth moderated somewhat, hiring was still more robust than the Federal Reserve would like. Furthermore, the unemployment rate fell to 3.5% – a 50-year low – from 3.7%, and average… Continue reading The September Jobs Report: What the Experts Are Saying
3 Pot Stocks to Buy After Biden’s Marijuana Pardons
If you work in the cannabis industry, Joe Biden’s latest move is a possible godsend for a segment of the economy that’s struggled to gain traction. On Oct. 6, President Biden granted pardons to approximately 6,500 people who have been charged by the federal government for possession of marijuana. Subscribe to Kiplinger’s Personal Finance Be… Continue reading 3 Pot Stocks to Buy After Biden’s Marijuana Pardons
This Week in Cannabis Investing: Canopy Growth Slims Down
The first generation of cannabis operators in Canada, including Canopy Growth (CGC (opens in new tab), $3.75), made a number of unreasonable and costly investments during a frothy period of cannabis capital markets. Canada’s so-called “Green Rush” was mischaracterized and most of those transactions failed to provide accretive value. We’re continuing to see significant write-downs… Continue reading This Week in Cannabis Investing: Canopy Growth Slims Down
Nasdaq plunges nearly 4% as US stocks sell off after strong jobs report solidifies outlook for another big rate hike
Matthew Fox Spencer Platt / Getty Images US stocks plunged on Friday after a strong September jobs report solidified an outsized Fed rate hike in November.The US economy added 263,000 jobs last month, and the unemployment rate fell to 3.5%.”Today’s job report indicates the job market keeps chugging along – and the Fed has more… Continue reading Nasdaq plunges nearly 4% as US stocks sell off after strong jobs report solidifies outlook for another big rate hike
Good news is still bad news for the stock market, but there is a silver lining to Friday’s strong jobs report
The strong September jobs report confirmed that good economic news is still bad news for the stock market.But there is a silver lining to the jobs numbers, according to investment manager Louis Navellier.The continued economic strength “should lead to a better earnings season,” he said. Loading Something is loading. Thanks for signing up! Access your… Continue reading Good news is still bad news for the stock market, but there is a silver lining to Friday’s strong jobs report
ENTER THE DIGITAL REALM WITH CELEBRATED ARTIST ALEXANDER CALDER
First-of-its-kind Educational NFT Collecting Experience Now Open Learn about Calder’s art and legacyCompete in online quizzes and assembly challengesUnlock access to exclusive rewards and in-person art eventsAcquire limited-edition NFTs created in collaboration with award-winning motion designer and artist Raoul MarksProceeds To Support New Conservation Fund for Calder Sculptures , /PRNewswire/ — Calder Foundation and TRLab, an… Continue reading ENTER THE DIGITAL REALM WITH CELEBRATED ARTIST ALEXANDER CALDER
A Russian oil price cap would fundamentally shift the balance of power between OPEC and the West, analyst says; ‘the rules of the game are changing’
Efforts to cap Russian oil prices would fundamentally shift the balance of power between OPEC and the West, according to an oil analyst. A scheme that tilts pricing power to the US and Europe “shifts the unspoken red lines,” tweeted Karim Fawaz, director for energy advisory at S&P Global. “The more tools consumers have in… Continue reading A Russian oil price cap would fundamentally shift the balance of power between OPEC and the West, analyst says; ‘the rules of the game are changing’
Spain’s energy minister says EU leaders are nearing a consensus on a gas-pricing system
European leaders were close to a consensus on a gas-pricing system that should lead to price caps, Spain’s Energy Minister said. Consensus may be reached around an alternative benchmark price to the Dutch Title Transfer Facility. EU leaders may reach some agreement by the time they meet later in October. Loading Something is loading. Thanks… Continue reading Spain’s energy minister says EU leaders are nearing a consensus on a gas-pricing system
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