Nov 8th 2019
Dear InvestingChannel Reader,
Today we are featuring analysis and commentary on the following:
- [SPONSORED LINK: Special Free Report - 3 Stocks Are Poised to Go Up](
- [3 Reasons Why Tesla Will Hit $6,000, According To Ark Invest's Catherine Wood](
- [Will Consumer Confidence And Consumer Spending Be The Catalyst To Christmas Shopping Season? Analysts Await Insight](
- ['Unmatched Cannabis Experience': Canopy Growth Partners With Drake To Launch More Life Growth Company](
- [If you aren’t confused by the lack of mini-recessions, then you don’t understand the issue](
- [BONUS: Rising High: BofA says Mexico cannabis legalization 'still in play'](
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Ark Invest’s CEO, Catherine Wood, explains what drove her to buy Tesla stocks and why she thinks it’s a promising investment.
[3 Reasons Why Tesla Will Hit $6,000, According To Ark Invest's Catherine Wood]( [(Benzinga)](
ARK Invest CEO Catherine Wood is an outspoken proponent of Tesla Inc. (NASDAQ: TSLA). “I’m probably the most trolled portfolio managers on the internet, certainly when it comes to Tesla,” she told Benzinga during a recent one-on-one conversation on the sidelines of the Forbes 30 Under 30 Summit in Detroit. [Click here to read more.](
The peak selling season for retailers, more commonly referred to as the Christmas shopping season has officially begun. Benzinga takes a look at the two leading indicators of retail earnings: consumer confidence and consumer spending.
[Will Consumer Confidence And Consumer Spending Be The Catalyst To Christmas Shopping Season? Analysts Await Insight]( [(Benzinga)](
Consumer confidence and consumer spending are among the two leading indicators of retail earnings. The two usually go hand-in-hand. If confidence is strong, spending could be too. If spending dips, it might mean confidence is waning. [Click here to read more.](
Canopy Growth’s shares traded 3.35% higher at $20.07 in Thursday's pre-market session after announcing its new partnership with Canadian rapper, Drake.
['Unmatched Cannabis Experience': Canopy Growth Partners With Drake To Launch More Life Growth Company]( [(Benzinga)](
Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) announced Thursday it has partnered with a Canadian rapper and singer Drake for the purpose of launching a new cannabis company More Life Growth Company. The new company will be located in Drake’s hometown of Toronto, and it will produce cannabis focusing on wellness and personal growth. As part of the deal, Canopy Growth has issued shares to certain entities that are controlled by Drake, upon which Drake has obtained a 60% ownership of More Life Growth Company, while the remaining 40% retained Canopy Growth. [Click here to read more.](
[Legendary Analyst Makes 7-Figure Bet On Stocks](
One of the most bullish analysts in America just put his money where his mouth is. He says, "I'm investing more today than I did back in early 2009." [Click here to read more.](
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[Time to prepare for 2020](
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There’s a new, incredibly powerful hidden force in our country that basically guarantees this Socialist woman will become U.S. President in 2020… creating a nightmare for Baby Boomers. [Get the full story here.](
[If you aren’t confused by the lack of mini-recessions, then you don’t understand the issue](
by [The Money Illusion](
Whenever I discuss the lack of mini-recessions, commenters will offer explanations. One argument is that the highly diversified nature of the US economy leads to shocks in one sector being balanced out with growth in other sectors. [Read more.](
[The Middle Class Is Now The Muddle Class](
by [Of Two Minds](
I'm using the term to describe the economic class that has the social signifiers of middle class status but little to no ownership of meaningful capital or control of their own financial security. [Read more.](
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