Marijuana & Banking: 1st Congressional Hearing

Yesterday was a big day for the American marijuana industry, as the U.S. House of Representatives held its first hearing on shoring up banking services to legal marijuana-related businesses. Even though …

Unicorns Run Free, But Is It Too Late?

Consider the following statistics about the Wilshire 5000, the most comprehensive index of US stocks designed to track “all US equity securities with readily available price data”: It launched in …

JOLTS: More Wage Gains Ahead

In our last report on the topic we warned that while the US labor market could continue to grow modestly, it is slowing based on the latest data from the …

The Last Untapped Market for Money Managers

Most Americans aren’t investing, yet those who do are much more confident about their retirement. Sounds intuitive, but fewer than half (44%) of American respondents said they have any market-based investment …

US Tax Refunds: Off To A Bad Start

The HR Block retail store on my block in Manhattan is open for business again, which means we’re getting into tax refund season in the US. That’s important for US consumer …

AI: Sometimes A Banana Is Just A Banana

One of our hacks for finding leading-edge disruptive tech content is to look at scientific research websites and review the “Most read” articles and papers. Most are reaffirmations of existing paradigms, …

CBD Now Legal: What’s Next

You may have heard of Willie Nelson’s cannabis company Willie’s Reserve, but he’s now turned to the non-psychoactive part of the plant to launch a line of health and wellness …

Q4’s Market Drop: Effects On The US Consumer

The New York Federal Reserve runs a monthly consumer panel, asking respondents questions about their inflation expectations along with their views on labor market conditions and the state of personal …

Going To School On The US Labor Market

Last Friday’s Employment Situation Report, which showed a net gain of 304,000 job adds, was: The best report since last February’s 330,000 print 36% higher than last year’s average report …

Results From Our Market Outlook Survey

Last week we ran a 2019 markets outlook survey with our readers and friends on social media; today we have the results. We’ll review each question, your collective responses ranked by …