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Trading Ideas

Vaping Health Crisis, Corporate Drama Contribute to Pot Stock Pullback

For weeks we’ve been covering the national “vaping crisis.”
And it just continues to gain steam.
The Centers for Disease Control and Prevention announced that the number of victims from the vaping-related illness is now over 530. Unfortunately, it has also claimed its eighth victim – a Missouri man in his 40s.
In response to the growing epidemic, the Food and Drug Administration launched a criminal probe last week. The agency has collected more than 150 samples for forensic analysis. Though the majority of illnesses appear to come from THC vape pens.
Meanwhile, two states – New York and Michigan – have banned all …read more […]

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Business News

Fed’s Bullard: U.S. policy now ‘considerably’ looser, but markets may demand more

The Federal Reserve’s policy shift since last year has made monetary policy “considerably more accommodative” than a year ago, but world markets are likely expecting more to come, St. Louis Federal Reserve bank president James Bullard said on Monday.

…read more […]