Stocks & Equities

Coca-Cola Hints At Cannabis Product

Posted by Charles Benavidez

on Wednesday, 19 September 2018 15:36

weed

Less than a month away from the official launch of legalized recreational marijuana in Canada, some of the biggest names in beverages are scrambling to get on board, as drink gives way to smoke and future profits promise to quench the big thirst…. CLICK for complete article

It’s The Most Important Subject But No One Wants To Talk About It

Posted by MoneyTalks Editor

on Tuesday, 18 September 2018 17:00

oldgraph

Politicians hate talking about the implications of the aging population. You won’t find one of them talking about the fact that there are 20% more seniors than just 5 years ago. The implications for healthcare spending, Old Age Security payments and pensions are profound.

How Millennials Are Shifting the Housing Market

Posted by Wolf Richter

on Tuesday, 18 September 2018 16:43

moneyhouse

It’s tough being a millennial. Millennials are accused of killing entire industries: casual dining chains that should have been killed off by a prior generation, beer (sez Goldman Sachs), napkins, homeownership, Harley Davidson, banks, diamonds, and brick-and-mortar retailers. OK, things change. But there’s one thing the largest US generation ever is not killing off: urban centers. They’re flocking to them, in some case they’re gentrifying them – for better or worse – and they’re often paying sky-high rents…. CLICK for complete article

Tesla EVs Still In The Lead After Audi Launch, UBS Says

Posted by Elizabeth Balboa

on Tuesday, 18 September 2018 16:31

ev

Audi’s first battery electric vehicle, which launched at $74,800, is comparable to Tesla in price — but little else.

“The e-tron underscores that catching up with Tesla is more difficult than expected by many,” UBS said in a note. “It delivers [about] 30-50 miles less range than the (more expensive and larger) Model X, in spite of having almost the same battery capacity (vs. the 100D), and accelerates significantly slower.”

At the same time, Tesla leads in powertrain efficiency ratios, which may, as UBS anticipates, help keep Tesla at the top in EV sales…. CLICK for complete article

Is A Market Meltdown Looming?

Posted by Frank Holmes

on Tuesday, 18 September 2018 16:26

bearish

Florence, now a tropical depression, made landfall in North Carolina on Friday, bringing with it destruction and calamity, the cost of which could top $170 billion, according to analytics firm CoreLogic. If so, that would make it the costliest storm ever to hit the U.S. To date, 2005’s Hurricane Katrina holds the top spot, costing an estimated $160 billion, followed by last year’s Harvey ($125 billion) and Maria ($90 billion).

Not to minimize the impact Florence will have on millions of Americans’ lives, but storms, even of this size, have rarely triggered major equity selloffs. According to research firm CFRA, in the last 15 years, the S&P 500 Index declined an average 0.2 percent in the month after a hurricane but was up an average 3.9 percent in the subsequent three months. Home improvement companies such as Home Depot and Lowe’s could be beneficiaries, while insurance companies might take a hit.

Markets are subdued right now, with the S&P 500 having gone more than 55 days without a 1 percent move in either direction. Trading volumes are also lower-than-average, suggesting Wall Street is in wait-and-see mode before making major adjustments.

Could this just be the calm before the storm? CLICK for complete article