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Trading Ideas

Marijuana Legality by State: Projected Market Sizes in 2024

We’re not here to dwell on the past. We’re here to look to the future.
So this week we’re looking for the 10 largest American marijuana markets of 2024.
And the data shows we’re about to see a major continental shift.
By that I mean none of the top five cannabis markets in the U.S. are east of the Mississippi River right now.
But that’ll soon change…

First, this is one of those situations where size does matter…
So it shouldn’t come as a surprise that the most populous state in the country is currently and will continue to be the largest cannabis market five years …read more […]

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Trading Ideas

Two ETFs for a Looming Bear Market

Slowing global growth and increasing economic uncertainty have led to a fair amount of investor panic lately.
Today, Nicholas Vardy shares two investment strategies that investors can use to protect themselves and grow their ETF portfolios.

Slowing global growth… the escalating trade war with China… the ever-looming threat of yet another market-crushing Trump tweet… The uncertainty surrounding global financial markets has hit investor sentiment hard.
The CNN Fear & Greed Index has slipped back near 20, signaling extreme fear.
Investors have pulled $18 billion from stock-related exchange-traded funds (ETFs) over three weeks.
While there are reasons to be cautious… it’s best to think through the …read more […]

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Business News

Mercedes Benz Brazil to invest 1.4 billion reais for new trucks, but exports still weak

The Brazil unit of Mercedes Benz, the local market leader in trucks and buses, said on Tuesday it will invest 1.4 billion reais ($340 million) to launch of a new line of trucks as it expects the domestic market to grow in 2020, even if exports could fall.

…read more […]