The Federal Reserve is preparing to cut interest rates for the first time in a decade because it sees a cooling global economy and no sign of overheating in the jobs market at home.
— Read on www.bloomberg.com/news/articles/2019-07-10/powell-signals-openness-to-rate-cut-as-uncertainty-dims-outlook
Category: Blog
Infographic: How Consumers Are Shaping Cannabis Consumption
Cannabis consumers could spend up to $10.5B on concentrates by 2022—and they’re increasingly relying on the influence of branding to make their choices.
— Read on www.visualcapitalist.com/how-consumers-are-shaping-cannabis-consumption/
Fearful of an economic slowdown, Americans are losing sleep over their finances – MarketWatch
A strong U.S. economy and record-low unemployment are not enough for many people to get a good night’s sleep.
— Read on www.marketwatch.com/story/more-americans-are-having-trouble-sleeping-and-the-reason-may-keep-you-awake-too-2019-06-27
If the S&P 500 hits this level, it could signal a market top
Stocks’ record run has hit a wall over the Independence Day holiday stretch. This is how much higher the S&P 500 can go, says Mark Newton of Newton Advisors.
— Read on www.cnbc.com/2019/07/08/if-the-sp-500-hits-this-level-it-could-signal-a-market-top.html
Bitcoin near two-week highs, fueled by hopes for Facebook’s Libra – Reuters
Bitcoin held on Tuesday near its highest for two weeks after surging as much as 9% overnight, a move analysts said was probably driven by hopes that cryptocurrencies are gaining wider acceptance after Facebook disclosed plans for a digital coin.
— Read on www.reuters.com/article/us-crypto-currencies/bitcoin-near-two-week-highs-fueled-by-hopes-for-facebooks-libra-idUSKCN1U40U3
Nine companies set prices for listings on China’s Nasdaq-style tech board – Reuters
Nine Chinese companies, among the first to float on China’s red-hot Nasdaq-style tech board, announced prices of their new share offers on Tuesday, taking advantage of investor fervor to market themselves at valuations some view as lofty.
— Read on www.reuters.com/article/us-china-ipo-techboard/nine-companies-set-prices-for-listings-on-chinas-nasdaq-style-tech-board-idUSKCN1U400T
Kevin O’Leary says you need to have all your debts paid off by age 45 — including your mortgage – MarketWatch
This is a significant hurdle on the road to financial freedom
— Read on www.marketwatch.com/story/kevin-oleary-says-pay-off-your-debts-by-this-age-2019-02-01
BlackRock downgrades second half growth, but US stocks should do well
BlackRock sees a weaker global growth outlook for the second half, and while it still sees a good environment for U.S. stocks, it no longer favors emerging market equities.
— Read on www.cnbc.com/2019/07/05/blackrock-downgrades-second-half-growth-but-us-stocks-should-do-well.html
How much money do you need to retire? Try $1.7 million
Americans believe they need $1.7 million, on average, to retire, according to a recent survey from Charles Schwab. That’s a pretty good number if they can get there.
— Read on www.cnbc.com/2019/07/05/how-much-money-do-you-need-to-retire.html
Milan Real Estate Prices Surge as Billionaires, Funds Buy In
(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.Real estate investors from Azerbaijan’s sovereign wealth fund to Blackstone Group Inc. and UBS Group AG are cashing in on a surge in demand for prime Milan offices that’s pushing prices to new
— Read on ca.finance.yahoo.com/news/milan-real-estate-prices-surge-083323513.html