Top Marijuana Stocks on the NASDAQ

Top Marijuana Stocks on the NASDAQ

Although the majority of U.S.-based cannabis companies and many foreign American Depository Receipts (ADRs) trade over the counter (OTC), a few marijuana companies are traded on the NASDAQ. Some investors prefer stocks that are listed on the NASDAQ to other exchanges due to their increased liquidity and tighter spreads compared to the over-the-counter markets. For example, as the cannabis industry has grown in recent months and years, uplisting from an OTC market to a reputable U.S. exchange has become a banner achievement for many rising marijuana companies. An increasing number of marijuana companies…

Assessing The Issues With An American Agribusiness ETF

Amid global trade tensions, fertilizer prices are again getting some attention as China balks at previous promises to purchases more American farm products. A more focused agribusiness equity play is the Global X Fertilizers/Potash ETF (SOIL B-). SOIL, which is more than eight years old, “seeks to provide investment results that generally correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Fertilizers/Potash Total Return Index,” according to Global X. Fertilizer companies have suffered from lower profits in recent years after crop nutrient prices…

Will the Fed Cut Rates Again?

By J.P. Morgan Asset Management via Iris.xyz When the Fed cut rates in July 2019 for the first time since 2008, it went to great lengths to emphasize that it was an “insurance cut” – necessary to length the expansion but not the start of a prolonged easing cycle. The challenge for the Fed is that the economic data does not seem to be fitting its narrative. Below are a few concerning developments from the last few weeks: Global growth looks to be slowing: Global manufacturing PMI fell to 49.3, the…

Trump gives businesses environmental deregulation, even when they beg him not to

Donald Trump campaigned on a promise to ease the grip of environmental rules he said were throttling businesses. But time and again, his deregulatory moves as president have drawn the ire of the very companies that were expected to benefit. In the latest instance, the Environmental Protection Agency unveiled a proposal Thursday to eliminate mandates paring methane leaks from oil wells — despite major oil companies insisting they don’t want the relief. Similarly, automakers and the nation’s top business lobbying group are begging the White House to alter course in…