Tag: recession prediction
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![Vapen MJ (VAPN.C) – cannabis still a better biz than clothing (GOOS.T) (ANF.NYSE) (AEO.NYSE) (M.NYSE)]()
Vapen MJ (VAPN.C) – cannabis still a better biz than clothing (GOOS.T) (ANF.NYSE) (AEO.NYSE) (M.NYSE)
The fluorescent red kelp you see floating in today’s ocean of rouge (DJIA -774 points) is the plummeting share price of big-cap clothing companies. Shares of Canada Goose (GOOS.T) Abercrombie & Fitch (ANF.NYSE), American Eagle (AEO.NYSE) and Macy’s (M.NYSE) all tanked, shedding a combined $1.6 billion in market cap. Canada Goose warned shareholders about slowing…
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Martini-time for gold investors as the U.S. treasury yield curve inverts
This week the 3-month U.S. Treasuries are yielding more than 10-year notes. For the last 50 years, a yield curve inversion, has been an infallible predictor of recessions. The spread between 3-month bills and 10-year Treasuries has inverted before each of the past seven recessions. Bianco Research determined that historically, a recession arrives 12-18 months…
