Harvest Health Is an Overlooked, Undervalued Cannabis Stock

The once over hyped cannabis sector is now under pressure as results from the Canadian LPs fail to meet forecasts and the U.S. struggles to approve cannabis at the federal level. Most of the U.S. multi-state operators (MSOs) are down similar amounts this year as the cannabis trade falters in both Canada and the U.S. with one big difference. The company still looks like a minor player in the industry with Canadian companies reporting revenues topping C$100 million and constantly discussing big global expansion plans.

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  Aurora Cannabis CCO on company's hemp push as sector remains volatile

  Yahoo Finance Video
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  CannTrust: Why Has the Stock Fallen Today?

  Market Realist

Household Debt—How Much Money Does Everybody Owe? Q2 2019 Edition

How Much Money Does Everybody Owe? Q2 2019 Edition Every quarter, the Federal Reserve Bank of New York releases data on how much household debt Americans are accumulating. Here's everything you need to know about American debt in Q2 2019.

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  How You -- and Your Kids -- Can Make Smart Student Loan Decisions

  Kiplinger
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  The Best Books to Help You Pay off Debt, According to Finance Experts

  Money

Kyle Bass on where the global economy is headed: ‘This is insane’

When rates eventually reach zero in the U.S. amid slowing growth in Europe and China, Bass warns, it will only fan the flames of inequality in America. “The unintended consequences of central bank printing are that it makes the rich even richer, it makes the middle class stay where they are and it makes the poor stay poor,” Bass explained to CNBC.

Denmark’s Jyske Bank Sets Negative-Rate Mortgage Milestone

Jyske Bank A/S, Denmark's third-largest lender, announced in August a mortgage rate of -0.5%, before fees. Mikkel Hoegh, Jyske Realkredit housing economist, explains the dynamics behind the offering on "Bloomberg Markets: European Close."

• Jyske becomes first Danish bank to impose negative deposit rates

  Financial Times
• Denmark’s Jyske Bank imposes negative interest rates

  Financial Times

As trade war drags on, new Bunge CEO looks to avoid 'stroke-of-the-pen' risk

A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge Ltd is facing an even more uncertain business environment, with a new chief executive who is determined not to get burned again. Gregory Heckman, who joined Bunge's board late last year and took on the CEO role in January, told Reuters in an interview on Tuesday improving risk management at the 200-year-old company is a key focus as he oversees a portfolio review that is expected to last through the middle of 2020. As the trade war enters its second year with no sign of a resolution, White Plains, New York-based Bunge and other grain traders are also navigating weather-reduced crops in the United States, a herd-culling hog disease in China that has slashed demand for soybeans and currency gyrations that have fueled uncertainty in top soymeal exporter Argentina and elsewhere.

AUD/USD Price Forecast – Australian dollar continues to consolidate

The Australian dollar has gone back and forth over the last several sessions, and of course the 0.68 level has offered a lot of resistance. We continue to pull back from that area on short-term charts, but I think at this point it's obvious that the 0.67 level should offer a lot of support. Given enough time, I do think that we roll over and we are starting to go to the bottom of the hammer.

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  Gold Price Forecast – Gold markets dip to find buyers

  FX Empire
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  EUR/USD Price Forecast – Euro continues to hang on by its fingernails

  FX Empire

High-Dividend Stocks on Historic Discount as Yields Plunge, says Goldman

The S&P 500's highest yielding dividend stocks are selling at their biggest discount in nearly 40 years as bond yields across the globe are plunging. Despite mounting fears concerning global trade, weak economic data coming from economic powerhouses like China and Germany, and the brief inversion of the U.S. Treasury yield curve last week, Goldman Sachs recommends a basket of dividend stocks with high growth potential and which are trading at bargain prices. The basket is comprised of stocks from a range of sectors, offering impressive expected dividend yields (DY) for the year and attractive forward-looking price-to-earnings ratios (P/E ratios), including, AT&T Inc.

• 
  Here's What Chinney Investments, Limited's (HKG:216) P/E Ratio Is Telling Us

  Simply Wall St.
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  Despite Its High P/E Ratio, Is Amkor Technology, Inc. (NASDAQ:AMKR) Still Undervalued?

  Simply Wall St.

How one millennial managed to save almost $1 million in 10 years without ever earning a salary of more than $75,000

FIRE refers to the “financial independence, retire early” movement bubbling up in the younger generation these days as a pathway out of the grind — slash expenses, save a bundle and enjoy the freedom that approach ultimately allows. Using the name FluffayPenguin, one anonymous thirtysomething took to Reddit to illustrate his FIRE blueprint, which allowed him to graduate college in 2008 and build a small chunk of change all the way up to $930,000 in savings. Well, for starters, he lived at home half of that time, a choice many millennials are making as housing costs skyrocket.

Nearly 2 years into early retirement, here’s all that I’ve gotten wrong

Studies have shown it is very difficult to predict recessions, interest rates or financial markets. We need to predict future political conditions that will affect tax rates, the health-insurance marketplace and Social Security. Most political “experts” couldn't accurately predict the outcome of our last presidential election the day before it occurred.

Epstein created trust with $578 million days before suicide: Morning Brief

Home Depot (HD) reported adjusted earnings of $3.17 per share on $31.03 billion in revenue, beating expectations of $3.08 per share on $30.96 billion in revenue, according to data compiled by Bloomberg. Home Depot has managed to beat earnings estimates every quarter since November 2012, but a couple of issues have been plaguing the home improvement giant in recent quarters, including the wetter-than-normal weather and lumber pricing pressures. Management has also previously said that Home Depot wouldn't feel much pressure from tariffs.

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  Home Depot shares surged, but concerns linger

  Yahoo Finance
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  Home Depot Gains as Sales Were Better Than Wall Street Feared

  Bloomberg

Mobius: Should Be Buying Gold on Any Level

Mark Mobius, co-founder and partner at Mobius Capital Partners, discusses demand for commodities and his outlook for gold. He speaks on “Bloomberg Markets: Asia.

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  Gold: Mark Mobius Thinks Golden Years Are Ahead

  Market Realist
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  Buy Gold ‘At Any Level,’ Mobius Says as Central Bankers Ease

  Bloomberg

The investing opportunity of a lifetime awaits us when the recession arrives

All these are just one downgrade away from being high-yield “junk bonds.” The best data I can find shows that there are roughly $3 trillion worth of BBB bonds and another roughly $1 trillion worth of lower-rated bonds that would still be called “high-yield.” If it happens like last time, the ratings agencies will wait until their fate is already sealed before they cut ratings on these zombies. This is a structural problem with mutual funds and ETFs. When the recession hits, we will see junk bonds — and the riskier end of corporate debt generally — go into surplus.

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  How Yield Curves Move Bond ETFs

  ETF.com
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  Is Vanguard Value Index Investor (VIVAX) a Strong Mutual Fund Pick Right Now?

  Zacks

CNBC’s Jim Cramer: It’s a trap!

If you're frantically buying or selling stocks based on what the inversion and the subsequent uninversion of the yield curve is signalling, Jim Cramer has a message for you: Calm down. That's Cramer questioning the wisdom of traders who seem to be reacting to every headline popping up in the financial news cycle these days. Specifically, the television personality and former hedge-fund manager was talking about how stocks were hit hard Wednesday after the 10-year Treasury yield (BX:TMUBMUSD10Y)briefly inverted and slipped below the 2-year yield for the first time since before the 2008 financial crisis.

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  Why the U.S. economy isn't doomed to go into recession

  Yahoo Finance
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  The Last Thing Banks Need Is Even Lower Rates

  Bloomberg

A US recession is probably coming so investors should just deal with it

You — yes, you the investor reading this — have nobody to blame but yourself if you lose your shirt ahead of what looks to be a mild U.S. recession that starts later this year and carries over into the first half of 2020. The logic is simple to grasp: U.S. consumers won't be able to handle tariff-related price increases, while mega corporations delay capital investment due to the high levels of fiscal uncertainty. Take the currently inverted yield curve — an indication of heightened nervousness in risk markets — for example.

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  How Yield Curves Move Bond ETFs

  ETF.com
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  Nomura Instinet says buy recession-proof internet stocks like Chewy

  Yahoo Finance Video

Most Americans are unprepared for retirement — here’s how to fix that

This certainly doesn't bode well for them saving enough money to be financially independent in retirement. Now, more than ever, retirement is built on personal savings and it's up to the individual — not the government or employers — to make that dream a reality. The notion of working your entire life while simultaneously stashing away money for your future is something I frequently refer to as, “the great retirement experiment.” Let's take a look at how we got here.

These 4 factors explain why 401(k) balances are so far below their potential

We recently completed a new study that explains a discrepancy that has bothered me for years: the difference between what people could have in their 401(k) plan and the amount that they actually hold. For example, a 25-year-old median earner in 1981 who contributed regularly would have accumulated about $364,000 in combined 401(k)/IRA assets by age 60, but the typical 60-year-old in 2016 had less than $100,000. Four aspects of the U.S. retirement system could explain the discrepancy between potential and actual accumulations at age 60.

What I wish I knew when I retired

But retirees responding to this Quora post said people need to make a few more considerations, such as understanding the transition to retirement may be tougher than expected, being flexible about part-time work and knowing not to overcommit to activities and events in the adjustment period. See: 21 lessons for how to get the most out of life, from a guy who retired at 50 Still, there are a few more lessons. Ensure you're on the same page as your partner Sometimes spouses don't agree on what to do in retirement, and that can have a devastating effect on the relationship — and quality of life.