Tag: fed
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![Wednesday Recap: Fed Gets the Devil’s Advocate]()
Wednesday Recap: Fed Gets the Devil’s Advocate
Stocks Fall, Stocks Rise US and China are moving closer to agreeing on the amount of tariffs that will be rolled back the phase-one deal, despite tensions over Hong Kong and Xinjiang. You can almost know for certain that you will never know for certain when it comes to Trump. Insider sources suggested that the…
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![Wednesday Recap: MedMen’s Woes and Trading The Trade War]()
Wednesday Recap: MedMen’s Woes and Trading The Trade War
Deal or No Deal? We’ve heard major news about the “phase one” deal being finalised and markets have traded up on looming optimism. But let’s not forget that Hong Kong is in the midst of a violent pro-democracy protest. Today, President Donald Trump signed legislation that expresses US support for protestors, a move that threatens…
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![Monday Recap: Cracks in the Canadian Economy, Aramco IPO, Powell Meets Trump]()
Monday Recap: Cracks in the Canadian Economy, Aramco IPO, Powell Meets Trump
Aramco IPO Oil giant Aramco is gearing up for a valuation between $1.6 – $1.7 trillion for its initial public offering. While this is short of the initial $2 trillion mark the crown prince hoped for, it still boasts the world’s largest IPO offering. The firm released a statement on Sunday aiming that it had…
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![Friday Recap: Cannapocalypse™, Dow Record, and Fed Report]()
Friday Recap: Cannapocalypse™, Dow Record, and Fed Report
Aurora CEO: “We will be profitable before others” Aurora Cannabis Inc. Chairman Michael Singer made a statement today that the firm will reach profitability before “any of its peers”, however, declined to comment by when this will happen. We spoke yesterday about the bloodbath that was Canopy and Aurora earnings. The chairman saying Aurora will…
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![Thursday Recap: Return of the Cannapocalypse, Walmart, and Powell]()
Thursday Recap: Return of the Cannapocalypse, Walmart, and Powell
Cannapocalypse: Version 2 I think Canopy Growth ($CGC) and Aurora Cannabis ($ACB) should notify the makers of the Oxford English Dictionary that the word “earnings” has been redefined to mean “losses”. Both firms have been supposed “leaders” in the industry, and have let stakeholders down in the past quarter. My disappointment in these two companies…
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![Long and Short (Ep 2): The rate cut and what it means]()
Long and Short (Ep 2): The rate cut and what it means
For the first time since 2008, the Fed cut rates by 25 basis points to boost economic growth. In a perfect world, a lower cost of borrowing would’ve made the market soar. But stocks fell yesterday, and they fell today. It’s complicated. Let’s get into it: Interest rates and the economy The interest rates set…
