St. Louis Fed Chief: The Yield Curve Hasn’t Lost Its Power to Predict Recessions

Some argue the dreaded yield curve inversion doesn’t hold the same power to predict recessions that it once had, but St. Louis Federal Reserve President James Bullard isn’t in that camp. The phenomenon known as the “inverted yield curve” happens when demand for long-term bonds (i.e. 10-year U.S. Treasurys) push yields below their short-term counterparts … Read more

Global Finance Leaders Vow to Combat Weakest Economic Growth in 10 Years

Global finance officials wrapped up their fall meetings on Saturday with a pledge to “employ all appropriate tools” to combat the weakest global growth in a decade, but there was little evidence of progress in easing trade tensions, a major source of the slowdown. “Growth is slowing, investment is sluggish, manufacturing activity is soft and … Read more

Delay? New Deal? Brexit Impasse Enters Frenzied Week Before Oct. 31 Deadline

British Prime Minister Boris Johnson is still at odds with Parliament over how to break the Brexit impasse, and the European Union is considering Johnson’s halfhearted request for a delay to the Oct. 31 deadline. There are things to look for in the coming days. JOHNSON’S PUSH IN PARLIAMENT The prime minister has endured a … Read more

3 Ways to Boost Your Chances of Financial Rebirth After a Disaster

In 2018, 68% of Americans admitted to suffering a financial disaster according to a survey from the National Endowment for Financial Education (NEFE). This showed a 5% increase year over year and with more and more American workers living paycheck to paycheck, it’s safe to say many adults are finding themselves in a vulnerable position financially. … Read more

Planas: Marijuana Markets: A POTcast, Saturday, Oct. 19

Marijuana Markets: a POTcast features Banyan Hill Publishing analyst Anthony Planas, bringing you the latest cannabis industry news and investment advice. On this week’s episode, Hexo blames Canadian regulators for poor performance, Aphria delivers another strong quarter with growing sales and profitability, my prediction for The Green Organic Dutchman came true with the company scrapping … Read more

IMF, World Bank Leaders: Stop With All the Trade Wars

The leaders of the International Monetary Fund and the World Bank appealed to their 189 member countries on Friday to resolve widening disagreements on trade and other issues, warning that the divisions threatened to make the consequences of a global slowdown even worse. IMF Managing Director Kristalina Georgieva said a variety of factors were taking … Read more