Archives for December 2016

December 2016 - Page 8 of 25 - Money Morning - Only the News You Can Profit From

World Marketplace Quieter As the Christmas Holiday Approaches

Global markets were subdued overnight, on this week before the Christmas holiday. Trading in many markets is likely to get quieter as the week progresses. Many world stock markets are trading near multi-year and/or record highs and it would not be surprising to see those stock indexes at least pause, if not see some profit-taking, into the end of the year.

World bond markets were also quieter to start the trading week and may be stabilizing after several weeks of rising yields

Here's How Trump Should Approach Banking Deregulation

Donald Trump campaigned on taking the axe to what he sees as the main impediments of America's growth prospects.

During the campaign, two industries were cited as being ripe for deregulation: banking and energy.

But judging by the sheer number of banking executives Trump has tapped for cabinet positions, it's banking's sprawling regulatory regime that's likely first on the chopping block.

What Trump said on the campaign trail versus what he's saying now – and what his cabinet picks are likely telling him – will have a huge impact on how this goal is achieved, and what – if any – upside there is for investors.

Here's how I see "Government Sachs" playing it...

Legal Marijuana Is a Chance for Bitcoin to Shine

You can buy legal marijuana in more states than ever now, but there's one problem – you need to bring cash.

Because cannabis is still illegal at a federal level, banks and credit card companies won't do business with marijuana dispensaries.

With the feds showing no sign of budging on this, the door is open for alternatives from an unorthodox source: the digital currency Bitcoin.

Here's how Bitcoin can solve the marijuana industry's biggest headache...