Investing

The major benchmarks failed to make big moves Monday as investors looked ahead to several potentially market-moving events this week.  Most notably is the outcome of tonight’s meeting between President Joe Biden and House Speaker Kevin McCarthy, who are desperately trying to negotiate the debt ceiling by the end of this month.  Biden and McCarthy… Continue reading Stock Market Today: Stocks Waver Ahead of Biden, McCarthy Debt Ceiling Talks

Inflation that reached four-decade highs in 2022 contributed to bear markets in stocks and bonds. Although inflation is slowing and markets have rebounded in 2023, demographics and climate change are among the factors likely to prevent inflation from staying consistently in check. Consequently, the portfolio strategies that worked well during recent decades in which inflation… Continue reading To Address Inflation, Consider Four Portfolio Adjustments

The headlines surrounding today’s markets are scary: stubborn inflation, rising interest rates, bank crises, a possible recession and other economic perils. However, the markets have proven to be resilient so far. While trying to time the market is never prudent, it makes sense to assume a defensive posture, given the current conditions. The risk of… Continue reading Making the Case for Covered Call Strategies

Safety tips for kids and investing go together like bread and butter. Every year, investors are treated to multiple reports detailing the stark losses suffered by grown adults in speculative forex, cryptocurrency, options and day trading. So just imagine how much trouble a kid could get into if they had full control of the brokerage… Continue reading Safety Tips for Kids and Investing

Stocks opened higher Friday but quickly reversed course after news emerged that Republican lawmakers and White House officials had reached an impasse in debt ceiling negotiations. These headlines overshadowed a relatively dovish speech from Federal Reserve Chair Jerome Powell, with the three main benchmarks ending the day in the red.    Heading into today, stocks… Continue reading Stock Market Today: Stocks Turn Lower Amid Debt Ceiling Setback

The dollar is one of the centerpieces of not just the U.S. economy but the world economy too, and our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe) for the dollar. You will get all the latest news first… Continue reading Is the dollar’s role as the top currency safe? Kiplinger Economic Forecasts

As investors in cannabis, Poseidon has a rich history of hitting the road and applying a boots-on-the-ground approach. We enjoy meeting with people, seeing local market dynamics, and investigating new opportunities.  This week’s trip to Washington, D.C. proved to be highly informative and productive as we met with various trade groups and senators. It’s been… Continue reading Cannabis Industry Updates From Capitol Hill: This Week in Cannabis Investing

Investors kept a cautious eye trained on the debt ceiling crisis Thursday, but with President Joe Biden not returning from the Group of Seven summit in Japan until Sunday, it’s unlikely any deal will be announced before then.  Still, there was plenty for market participants to take in today, including solid earnings reports from Bath… Continue reading Stock Market Today: Nasdaq Outperforms as Netflix Stock Soars