U.S. Markets Ripe for a Correction? IMF Issues a Warning

U.S. Markets Ripe for a Correction? IMF Issues a Warning

There are many signs pointing to disruption in the U.S. market. The International Monetary Fund (IMF) issued a strong message of an impending correction in a report, which was pointed out by global economist Steen Jakobsen on CNBC. Then, Guggenheim chief investment officer, Scott Minerd, said the same thing because of a combination of the Fed’s actions and because corporate America is over-leveraged.

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Investors Urge GE to find that Reset Button

GE is in the middle of one of its roughest years in a decade. Once a member of the founding elite of the Dow Jones, the stock has dropped 35% since this time last year, to a market cap hovering around $100 billion. This week alone, GE stock experienced a one-day 4% drop towards a low it hasn’t seen since 2009, during the recession.

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Is Marijuana the Next Bitcoin?

Is Marijuana the Next Bitcoin?

The trading frenzy around Tilray’s legal marijuana is being compared to the bubble from earlier in 2018 for bitcoin and the dot.com craze of the late 90’s. It’s early days in this industry, and analysts say it’s not a bubble—yet.

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Exxon: Talk Among Yourselves

Exxon: Talk Among Yourselves

Analysts in the oil and gas sector are in two camps of opinion on Exxon these days, debating out loud – and often – whether the oil icon’s long-term strategy will or will not continue to be the long-term easy bet it always has been. Think about that for a second,...

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