Illinois becomes 11th state to legalize recreational pot – Article – BNN
— Read on www.bnnbloomberg.ca/illinois-becomes-11th-state-to-legalize-recreational-pot-1.1267095
Pattie Lovett-Reid: Here’s what the rich do differently than the rest of us – BNN Bloomberg
Pattie Lovett-Reid: Here’s what the rich do differently than the rest of us – BNN Bloomberg
— Read on www.bnnbloomberg.ca/pattie-lovett-reid-here-s-what-the-rich-do-differently-than-the-rest-of-us-1.1265727
Global recession fears grow as factory activity shrinks – Reuters
Factory activity contracted across Asia and Europe last month as an escalating trade war between Washington and Beijing raised fears of a global economic downturn and heaped pressure on policymakers to roll out more stimulus.
— Read on www.reuters.com/article/us-global-economy/global-recession-fears-grow-as-factory-activity-shrinks-idUSKCN1T40EI
10-year yield continues collapse, now just 2.10%
Debt yields fell to fresh lows not seen since September 2017 as intensifying trade tensions fostered demand for safer assets.
— Read on www.cnbc.com/2019/06/03/us-bonds-treasurys-tick-lower-as-investors-await-data-auctions.html
Yield curve is no longer a reliable recession predictor: Wells Fargo
Yield curve inversions have historically been good indicators of oncoming U.S. recessions, but Wells Fargo Securities’ global head of rate strategy says that may no longer be the case.
— Read on www.cnbc.com/2019/05/31/yield-curve-is-no-longer-a-reliable-recession-predictor-wells-fargo.html
Everyone still relies on a stock’s P-E ratio to invest, but a study shows it’s bunk
Evaluating the price-to-earnings ratio is a deeply ingrained practice for investors. But it isn’t a metric that delivers positive results.
— Read on www.cnbc.com/2019/05/31/everyone-still-relies-on-a-stocks-p-e-ratio-to-invest-but-a-study-shows-its-bunk.html
This is the income required to own a home in Canada’s 13 hottest real estate markets
Warren Buffett’s advice for a stock market crash
Stock market crashes are inevitable. But there’s no reason to fear them.
— Read on www.msn.com/en-ca/money/savingandinvesting/warren-buffetts-advice-for-a-stock-market-crash/ss-AAC5VFT
Personal Investor: I’m retiring at 55 – here’s how I did it – BNN Bloomberg
Personal Investor: I’m retiring at 55 – here’s how I did it – BNN Bloomberg
— Read on www.bnnbloomberg.ca/personal-investor-i-m-retiring-at-55-here-s-how-i-did-it-1.1266840
China: Trade War Has Not ‘Made America Great Again’ – Bloomberg
The U.S. bears the full responsibility for the collapse of trade talks, according to China’s government, adding that any further discussions need to be based on sincerity, mutual respect and equality.
— Read on www.bloomberg.com/news/articles/2019-06-02/china-says-it-doesn-t-want-u-s-trade-war-but-won-t-shy-from-one