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Tuesday, 04/24/2018 8:07:04 PM

Tuesday, April 24, 2018 8:07:04 PM

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Are We about to See a Mass Exodus out of (the Overvalued) Canadian Pot Stocks Into Quality US Assets?

http://wealthyventurecapitalist.com/the-great-rotation/


Political controversy pushed American investor dollars into Canada, but now, the situation is reversing!
When former real-estate mogul Donald Trump won the Presidency of the United States, Wall Street panicked, and for understandable reasons.

Prior to election day, a consensus among leading economists stated that a Trump administration would “tank the markets.” In contrast, volatility indices ticked down when rival Hillary Clinton appeared to lead the polls. This suggested that traders saw a Clinton-led White House providing a calming effect to the broader markets.

The opposite could be said about Trump, and when he did pull off the shock victory, the equities futures market plummeted. While the net negative impact stayed limited overall, one consequence of “The Donald’s” electoral win was a “great rotation” out of the U.S. and into foreign markets.

With more than a year in, President Trump has surprised several onlookers with his diplomatic approach towards certain hot-button issues. One of those is cannabis and its classification as a Schedule I drug.

As current trends stand, marijuana is becoming favorable again. This may likely spark a rotation back into the USA

Handcrafted cannabis investments

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