Hilary Kramer
Shock and Awe: The Fed Won’t Let The Market Crash
This has been a week of extremes. A lot of people are obsessing over superlatives: worst week since 2008, worst day since 1987 and so on. For them, it feels like the end of the world. I disagree. I lived through Black Monday in 1987 and went on to have a great career as a […]
Cannabis Corner: Upping the Ante
Hilary Kramer ups the ante and explains how recent events in the cannabis sector have shaken up the industry. She then speculates its future trajectory.
If This Is All about the Virus, Why Aren’t Chinese Stocks Crashing?
The S&P 500 is once again in correction territory now that California has declared an emergency and the coronavirus has spread to 19 U.S. states. I don’t want to say the fear is overdone, but it will be temporary. For confirmation, we don’t need to look beyond China, where the disease was first identified and […]
When Does the Fastest Market Crash in Decades Hit Bottom?
Until we take a step back and reflect on the long view of how Wall Street works, there isn’t a whole lot of point in trying to do anything else. It’s ugly out there. Viral fear is spreading. People with no historical context reach for scary comparisons and come up short. Pessimists might say this […]
Cannabis Corner: No ‘Recreation’ Here
Whenever the market stumbles, the cannabis group goes over a cliff. We’ve seen that process play out again this week, with the marijuana stocks I track dropping another 20%. Aurora Cannabis Corp. (NYSE:ACB) has fallen nearly 90% since peaking last spring, joining CannTrust Holdings Inc. (NASDAQ:CTST) and Hexo Corp. (NASDAQ:HEXO) in catastrophic territory. CTST is […]
Cannabis Corner: The Shakeout Begins
Hilary Kramer discusses how the cannabis sector has been shaken up by the exit of several companies as the rest continue to try to differentiate themselves from their competitors.