InvestorsHub Logo
Followers 56
Posts 1134
Boards Moderated 1
Alias Born 01/13/2017

Re: None

Sunday, 02/05/2017 11:44:38 AM

Sunday, February 05, 2017 11:44:38 AM

Post# of 203921
Ed Yardeni Sees Upside of 10% for U.S. Stocks

You need a Barron's account to read the full article, but it was just a small blurb from the article that was relevant to OWCP and MMJ generally.

http://www.barrons.com/articles/ed-yardeni-sees-upside-of-10-for-u-s-stocks-1486188774

What is your view on health-care stocks, which had a tough two years?

Every time the president says anything about controlling drug prices, biotech suffers with the major drug companies. But the major drug companies will need to buy biotechs just to keep their pipelines full. Finally, it is really hard to like bonds here. I could see the yield on the 10-year bond getting to 3% by the end of the year. That isn’t great for utilities, telecommunication services, or consumer staples.



The H.R. 714 and H.R. 715 Bills are the triggers to watch.

https://arizonamedicalmarijuanaclinic.com/in-congress-virginia-republican-wants-to-de-schedule-cbd/

If those House bills pass, and have Trump support, expect a wave of acquisitions in the cannabis bio-tech sector.