Which innovations will dominate headlines in 2019? According to Bill Gates, watch for these 10 breakthrough technologies to change the world.
— Read on www.visualcapitalist.com/the-10-breakthrough-technologies-that-will-define-2019/
3 Reasons Why BlackBerry (TSX:BB) Is Soaring
Find out why BlackBerry Ltd (TSX:BB)(NYSE:BB) stock is back off to the races again, posting gains of nearly 9% so far in this week’s trading.
— Read on ca.finance.yahoo.com/news/3-reasons-why-blackberry-tsx-192142146.html
Canadians took on less debt in first quarter of 2019 — but total amount they owe is still growing | CBC News
While Canadians are finally easing up on their credit debt, their mortgage commitments continue to push overall debt levels up.
— Read on www.cbc.ca/news/business/statscan-debt-data-1.5173538
The Allure of Craft Cannabis, and Why Investors Should Care
Craft products are taking the retail world by storm. Find out why investors should be paying close attention to craft cannabis and its potential impact.
— Read on www.visualcapitalist.com/the-investor-appeal-in-craft-cannabis/
China’s Father of Electric Cars Says Hydrogen Is the Future [Video]
Jun.12 — Wan Gang, China’s father of electric cars, says hydrogen will be the next big push for the Chinese government. He speaks exclusively with Bloomberg’s John Liu.
— Read on ca.finance.yahoo.com/video/chinas-father-electric-cars-says-233036462.html
A new study has found Canadians between the ages of 25 and 34 are stuck in a market where earnings aren’t rising enough to keep pace with housing prices. The report said the chasm between money made and money needed is widest in B.C. and Ontario, particularly in Vancouver and Toronto.
— Read on www.cbc.ca/news/canada/british-columbia/home-prices-vancouver-twice-what-millennials-can-afford-1.5172388
The ‘Buffett Yardstick’ may be signaling the worst risk-reward setup ever
Warren Buffett of Berkshire Hathaway says it’s “probably the best single measure of where valuations stand at any given moment.” The “Buffett Yardstick,” as longtime money manager Jesse Felder of the Felder Report calls it, plots the total value of the stock market against the overall size of the economy, and it’s sounding an alarm.
— Read on www.msn.com/en-ca/money/topstories/the-buffett-yardstick-may-be-signaling-the-worst-risk-reward-setup-ever/ar-AACP491
Quebec cannabis sales totalled $71 million in first year
MONTREAL — Quebec’s provincially operated cannabis shops made $71 million in sales in their first year and sold the most cannabis in the country in terms of dollars and volume, but they still posted a $4.9-million loss to be covered by the provincial government. The provincial cannabis corporation — known as the SQDC — said in a statement that the provincial government revenues from consumption and excise taxes totalled about $21.7 million…
— Read on www.msn.com/en-ca/money/topstories/quebec-cannabis-sales-totalled-dollar71-million-in-first-year/ar-AACN1yj
Oil could fall to $45 per barrel on US-China trade war, says investor
Oil demand is at risk of declining further if the U.S. and China fail to resolve trade tensions, which will cause the global economy to weaken even more, said Rainer Michael Preiss, executive director at Taurus Wealth Advisors.
— Read on www.cnbc.com/2019/06/13/oil-could-fall-to-45-per-barrel-on-us-china-trade-war-says-investor.html
Colorado passes $1 billion in marijuana state revenue
Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannabis in 2014.
— Read on www.cnbc.com/2019/06/12/colorado-passes-1-billion-in-marijuana-state-revenue.html