Post by AggieGroove on Oct 31, 2018 6:54:40 GMT -5
I do believe that we have a recession coming in 2019, fully realize within the next 3-6 months.
Corporate earnings are good bolstered by the tax cuts but housing is beginning to slow down, consumer debt is rising again and inflation is just around the corner....hence the reason the fed is raising rates so often.
I hope I’m wrong but I’m preparing for a 20% dip in the Dow...lining up my funds to buy additional stocks.
As I have always shared, all my thoughts are speculative and if not I would be the winner of the mega millions last week...😎
Post by AggieGroove on Nov 7, 2018 10:13:43 GMT -5
Michigan legalized recreational use last night but Noth Dakota did not.....brings the total to 10 states for recreation.
Utah and one other state legalized for mediacal use.....making most of the US legal for medical use.
News from the mid terms concerning MJ includes the house under Dems control moving to pass legislation about the financial measures for banks and MJ....making it easier to bank and giving banks the ability to invest in MJ businesses....a major hurdle. These pending bills have been introduced before the mid terms and now expect to proceed quickly thru both chambers.
MJ stocks are up early this morning.....I'm still trading around my long position on Tilray and Canopy Growth...