The Investopedia Express with Caleb Silver
Can Cannabis Tourism Save California's Cannabis Industry?
Mar 18, 2024
The podcast explores the challenges facing California's cannabis industry due to oversupply and competition with family attractions. Can cannabis tourism save the day? Plus, discussions on market shifts, 1995 comparisons, and the potential impacts of Federal Reserve decisions. President Biden's stance on a US steel deal and Milton Friedman's inflation metaphor are also examined.
37:14
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Quick takeaways
- Cannabis tourism could revitalize California's struggling industry by attracting new visitors and revenue streams.
- Stock market behavior mirrors 1995 trends, raising questions about future market direction and the impact of sector rotation.
Deep dives
Stock Market and Fed's Monetary Policy
Investors are focused on market dynamics and the impact on stocks, as Treasury yields rise and inflation remains a concern. The market reacts to quarterly options expirations and eagerly awaits the Federal Reserve's decision on interest rates.
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