Archives for December 2016

December 2016 - Page 21 of 25 - Money Morning - Only the News You Can Profit From

World Stock Markets Firmer Tuesday, Led By Wall Street and Dow's Record High

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Global stock markets were mostly firmer overnight, following the lead from New York's higher close Monday, where the Dow Jones Industrial Average hit another record high. European and Asian financial shares showed some recovery from recent losses, amid Italy's "no" vote on constitutional reforms.

Asian stock markets were also lifted on relief that the Italian no vote did little to rile the world marketplace. U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.

In overnight news, the Euro zone third-quarter gross domestic product was reported at up 0.3% from the second quarter and was up 1.7%, year-on-year.

When the Next "Batch" of Pot Stock Millions Hits, Thank These Voters

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Legalized marijuana has been unstoppable in 2016.

You might have missed it thanks to the presidential upset, but following the Nov. 8 election, fully 28 states now have legalized medical marijuana. Eight of those states have approved it for recreational and medical use.

That's great news for enthusiasts, but for investors, it's nothing short of amazing.

You see, marijuana advocates aren't finished with their fight. In fact, they're stepping up the pressure.

They're now eyeing the opportunities that could arise in 2017 – and beyond.

That's why today, as 2016 comes to an end, I thought it would be fun to look at voters in the remaining states – and predict which ones will attempt to legalize marijuana next.

While petition groups are working on marijuana initiatives for 2017 in almost all those remaining states, four currently "lead the pack" in the race to nationwide legalization...