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Bonds It’s Time to Short the Bond Market
By Shah Gilani, Chief Investment Strategist, Money Morning • @ShahGilani_TW •
The Fed’s backstopping of the bond market was an effort to save the U.S.stock market, but it’s clear now that saying it and actually doing it are two very different things.Our Shah Gilani’s takeaway from it is that it’s time to short … Read more » -
stocks Markets Live Recap: Stocks Close Down Despite Powell's Statement
By Money Morning Staff Reports, Money Morning •
The S&P 500 and Dow Jones were both down in early market trading as investors continued yesterday's sell-off. Then, Jerome Powell said the U.S. Federal Reserve intends to keep interest rates near zero through 2022. And he … Read more » -
IPOs When Is the Carvana IPO Date?
By Jack Delaney, Sr. Cannabis Editor, Money Morning •
When is the Carvana IPO date? That's what anxious investors have been asking us since the car company filed paperwork for a public offering on March 31, 2017. Read more » -
Stocks Top Marijuana Stocks to Watch This Week (March 13)
By Jack Delaney, Sr. Cannabis Editor, Money Morning •
The top marijuana stocks are skyrocketing because of increased sales in cannabis. That's why each week, we provide Money Morning readers with marijuana industry news that could move pot stock prices. Read more » -
Washington Man Fails to Buy $60K BMW with Food Stamps, Returns to Steal Car
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke •
A Florida man tried to buy a $60,000 BMW X-6 SUV with his Electronic Benefits Transfer (EBT) card and credit card on Thursday. The auto dealership in Pompano Beach "declined 36-year-old Nicholas Jackson's business" when he offered to pay with food … Read more » -
Stocks Meet the One-Man Profit Catalyst Behind the "Car of the Future"
By William Patalon III, Executive Editor, Money Morning •
No one is reporting on what Ford just did to claim its piece of the "car of the future" market. It just hired a one-man profit catalyst; a game-changing, game-winning executive who's going to see that Ford gets the job done right … Read more » -
Stocks Tesla (Nasdaq: TSLA) Still "Head and Shoulders Ahead in the Electric Car Front"
By Jack Delaney, Sr. Cannabis Editor, Money Morning •
After several delays, Tesla (Nasdaq: TSLA) started deliveries of the Model X on Sep. 29. This was the first delivery for those who placed reservations back in 2012. But who is going to sink money into a vehicle exceeding $130,000 moving … Read more »