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Cannabis Can Be An Accelerator For Economic Recovery
Tuesday, December 29, 2020 - 11:12am | 1146By Ryan G. Smith, co-founder and CEO of LeafLink. As the ongoing COVID-19 health crisis reaches the six month mark in the United States,, policymakers and business leaders alike are increasingly shifting their focus toward economic recovery. According to the Bureau of Economic Analysis, real GDP...
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Economic Recovery Could Slow In Q4, JPMorgan Chief Global Strategist Warns
Thursday, October 22, 2020 - 5:51am | 409The economic recovery in the fourth quarter could slow once the stimulus fades off, JPMorgan Asset Management’s David Kelly told CNBC. Interview Highlights: "It looks like an economic recovery, but it's actually a steroid kind of recovery," said Kelly. America's...
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Cramer: Wait For Next Pullback Before Buying Shares
Wednesday, April 8, 2020 - 6:28am | 336The one and only solution to the coronavirus (COVID-19) pandemic is scientific and it's impossible for businesses to merely "snap their fingers" and expect customers to flock back, Jim Cramer said Tuesday on his daily "Mad Money" show. What Happened The iconic notion of the...
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Is the Phone Company the Best Way to Profit from Growth in the Philippines?
Tuesday, November 26, 2013 - 3:35pm | 415Before Typhoon Haiyan hit, the Philippines' economy was outperforming others in Asia. Capital Economics expects the country's third quarter gross domestic product (GDP) growth to be 7.5 percent. The economy is also expected to recover quickly from the storm's devastation, making Philippine Long...
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Bloomberg Poll: Only 1 In 7 Americans Believes A Lasting Economic Recovery Has Taken Hold
Thursday, March 10, 2011 - 10:57am | 318According to a Bloomberg National Poll, only one in seven Americans believe that a lasting economic recovery has taken hold. The bad news doesn't stop there. Nearly half of respondents say that the U.S. is in a “‘fragile' rebound and could fall back into recession.” Meanwhile, more than one-third...
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Alan Greenspan On QE2, Foreclosures And The Economic Recovery (F, V, MA)
Friday, March 4, 2011 - 7:53am | 369During an interview with CNBC this morning, Alan Greenspan spoke about QE2, foreclosures and the economic recovery. “I am assuming that the foreclosures will begin to slow down,” he said. “But the problem we've had is such a large proportion of sales are distressed sales.” Greenspan also said that...
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Stocks Take A Nosedive
Friday, August 6, 2010 - 3:31pm | 117The United States economy gained just 71,000 private sector jobs in the month of July. The low jobs number caused the Dow (DJIA) to plummet as investors fears of a jobless recovery resurfaced. Investors sold off stocks and the Dow was down 145 points most of the day. A late buying frenzy led to a...
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Unemployment Rate Is Dropping In Most States
Saturday, June 19, 2010 - 6:33pm | 103Even though the unemployment rate is near 10% nationwide, surprisingly unemployment is dropping in most states. The Department of Labor's statistics show that 37 states have seen their unemployment rate go down. 41 states have seen a net increase in jobs for the month of May. According to Standard...
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Commercial Real Estate Week in Review
Saturday, June 12, 2010 - 5:00am | 440Commercial Real Estate Week in Review-June 6-12 -Obama to Congress: Get reform bills reconciled before G-20. -GE Capital to cut real estate portfolio by 50%. -Cassidy Turley looking to compete with Jones Lang LaSalle (NYSE: JLL) and CB Richard Ellis in commercial real estate. -JP...