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Investmenthouse.com news digest
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5 years
Cannabis Corner: Still a Little Crowded
Pulling the plug on CannTrust Holdings Inc. (OTCMKTS: CNTTQ) has given surviving cannabis distributors a little relief.
Admittedly, CTST never accounted for even $80 million in annual sales, but simply relinquishing that slice of the global market gave the survivors the fuel to rally 4% this week. Aurora Cannabis Corp. (NYSE:ACB) and Canopy Growth Corp. (NYSE:CGC) did... -
5 years
A Health Crisis Makes Health Stocks Uniquely Crash Resistant
This week saw the continuation of the pattern we’ve seen throughout April, with stocks gradually digesting truly horrific economic data as the COVID-19 crisis unfolds.
The economic data remains nebulous. We’ve seen 22 million people laid off and early indications of a 12% decline in gross domestic product (GDP) in the current quarter.... -
5 years
Theme Park Stocks Ride a Wild Market Rollercoaster
A flicker of hope for theme park stocks was ignited in early April amid news of the COVID-19 pandemic beginning to slow in Europe and Asia, along with reductions in the rate of infection and death in major parts of the United States.
Certain amusement and theme park stocks jumped sharply with the renewed sense of optimism spreading through the states. With governors around the country now possessing White House guidelines for reopening their states as the threat of COVID-19 is reined... -
5 years
A World Turned Upside Down: Are We Heading for Inflation or Deflation?
“It’s a World Turned Upside Down” — Theme of the Ruff Times Convention, 1979.
Back in the late 1970s and early 1980s, I was part of a big debate in the hard-money movement. Were we headed for more inflation ahead or a massive deflationary depression?
I collect rare books from that crisis era. One is “Survive and Win the Inflationary Eighties,” by Howard Ruff, published in 1981. Howard Ruff, the editor of The Ruff Times, made the case for runaway inflation in the 1970s and 1980s. His motto was “Buy...
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| Web host: | DigitalOcean, LLC |
| Registrar: | CSC Corporate Domains, Inc. |
| Registrant: | Domain Administrator (Salem Media Group, Inc.) |
| Updated: | October 21, 2020 |
| Expires: | February 09, 2030 |
| Created: | February 09, 1999 |
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