With Mexico on the brink of legalizing recreational marijuana, you would think it would be great news for the cannabis industry, but stocks are getting crushed, and some of the biggest industry darlings are even flirting with penny stock status at this point.
This industry is forecast for growth that could generate some $200 billion in annual sales by 2030. So what gives?
The general consensus is that cannabis–at large–is a great long-term bet, but….CLICK for complete article
Climate has ALWAYS changed from decade to decade. There were major swings (volatility) during the 1930s. You had the dust bowl during the summer and in 1936 you had record cold. The 1936 North American cold wave, which also hit Japan and China, still rank among the most intense cold waves in the recorded history of North America. You cannot blame this on soccer moms driving the kids around town burning fossil fuels. Cars were a luxury in the 1930s still.
There is just no evidence of human-induced climate change. There is nobody willing to call them out on this nonsense with just showing the dramatic swings in temperature over the centuries.
Here is a piece that appeared in the Weekend Australian on the covert issues behind the curtain….CLICK for complete article
This fascinating infographic from Visual Capitalist perfectly illustrates how early adopters in the construction sector are benefiting from emerging technologies ~ed.
The rate of digital disruption is escalating in almost every industry. However, despite being one of the fastest-growing industries globally—construction has been one of the last to get hit.
Today’s infographic from Raconteur ranks the adoption of emerging technologies that will have a major impact on the industry’s processes and bottom line. The technologies help solve four major challenge areas that the construction industry struggles with: productivity, safety and training, labor shortages, and collaboration.
Which technologies could improve the lives of industry workers, and which technologies may pose a threat to their…Click here for full article.
This past week was built for the “bulls” as just about every item on their “wish list.” was fulfilled. From a “trade deal” to more “QE,” what more could you want?
Trade Deal Near?
Concerning the ongoing “trade war,” our prediction that Trump would begin to back peddle on negotiations to get a “deal done” before the election came to pass.
Trump has once again delayed tariffs to allow the Chinese more time to position. China, smartly, is using the opportunity to buy soy and pork products (which they desperately need due to a virus which wiped out 30% of their pig population) to restock before the next meeting.
This is a not so insignificant point.
China is out for “China’s” best interest and will not acquiesce to any deal which derails their long-term plans. In the short-term, they may “play the game” to get what they need as a country, but in the long-run, they will protect their own interests….CLICK for complete article
U.S. President Donald Trump announced on Twitter on Aug. 23 a new round of tariffs on $550 billion worth of Chinese goods, and has told U.S. companies to move their operations out of China.
China expert Frank Xie believes that when the trade war has escalated to that level, it will bring devastating consequences to China’s economy, while not having a major impact on the United States.
In an interview with the Chinese-language edition of The Epoch Times, Xie, an associate professor at the University of South Carolina’s School of Business Administration, said that when this latest tariff increase is imposed, the United States and China will become completely decoupled economically.
“The Chinese communist regime has been trying to drag [the trade talks] out to give itself more time, and the Trump administration is fully aware of that. In addition, Beijing has broken its promises several times. They promised to buy agricultural products, but later changed their mind. At a certain point, they even promised to buy large quantities of agricultural products, but they did not make any purchase thereafter. They have certainly irritated the American people,” Xie said.
“President Trump doesn’t trust the Chinese communist regime anymore. That is why he keeps increasing tariffs on Chinese goods.” CLICK for complete article
The last few weeks marked a turning point in the global economy. It’s more than the trade war. A sense of vulnerability is replacing the previous confidence—and with good reason. We are vulnerable, and we’ll be lucky to get through the 2020s without major damage. Let’s talk about the risks facing us in the next year or so and the economic environment in which we will face those risks.
Supply Shocks Ahead
In a recent Project Syndicate piece, NYU professor and economist Nouriel Roubini outlined three potential shocks, any one of which could trigger a recession:
- A slower-brewing US-China technology cold war (which could have much larger long-term implications)
- Tension with Iran that could threaten Middle East oil exports
The first of those seems to be getting worse. The second is getting no better. I consider the third one unlikely. In any case, unlike 2008, which was primarily a demand shock, these threaten the supply of various goods. They would reduce output and thus raise prices for raw materials, intermediate goods, and/or finished consumer products. Roubini thinks the effect would be stagflationary, similar to the 1970s….CLICK for complete article