Stocks Rise After China Says it Wants ‘to Meet the US Halfway’ on Trade

Stock futures moved higher Thursday morning after China took a more conciliatory tone on trade, saying it hopes “to meet the U.S. halfway.” Futures had been sinking earlier in the morning after China threatened retaliation, saying it would take “necessary countermeasures” if the U.S. follows through with the latest round of tariffs set to go … Read more

Wall Street: Lower Rates Incoming; Morgan Stanley Predicts ZIRP

With trade tensions between the world’s two largest economies waging and the global economy slowing, Wall Street is indicating more interest rate cuts from the Federal Reserve, and Morgan Stanley says it will return to zero interest-rate policy (ZIRP). Economists are pointing to three quarter-point reductions by the end of this year in addition to … Read more

Kolanovic: Don’t Fear the Trade War and Buy This Dip

JPMorgan’s market-moving quant guru Marko Kolanovic and chief U.S. equity strategist Dubravko Lakos-Bujas said late last week that investors need not worry about more trade war bombshells, and should instead buy the dip as the market continues  to sink. “We see this sell-off as a medium-term buying opportunity,” Kolanovic and Lakos-Bujas wrote in a note … Read more

Tiwari: Invest in These 3 Assets to Shield Your Wealth During Volatility

Editor’s Note: Stocks are on shaky ground. The S&P 500 fell nearly 3% last Monday before recovering some ground. The volatile moves have investors on edge. So today, we’re turning to Teeka Tiwari. A study last year by Bitwise Asset Management concluded that allocating just 1-10% of your portfolio to bitcoin gives better risk-adjusted returns than … Read more

Brodrick: Cannabis’ High-Powered Painkillers Will Generate High-Powered Profits

Scientists recently discovered that cannabis contains a pain-killing compound 30 times STRONGER than aspirin. The compounds are known broadly as flavonoids, plant metabolites that are thought to provide antioxidant effects and other health benefits. “These molecules are non-psychoactive, and they target the inflammation at the source, making them ideal painkillers,” said the study’s corresponding author … Read more

Howard Marks Slams Fed for Inflating Stock Prices, Growing Wealth Inequality

Oaktree Capital Founder Howard Marks took aim at the Federal Reserve, saying it was wrong to lower interest rates while the economy is strong, further inflating stock prices and making the already rich richer while hurting lower-income people trying to save money. The U.S. economy is in its tenth year of expansion, the longest ever, … Read more