| “A billion dollars isn’t what it used to be.” I always get a kick out of that quote. Bunker Hunt said it after he lost most of his fortune in a silver trade gone bad. Mr. Hunt was ahead of his time. Today, when the largest tech firms’ market capitalizations measure in the trillions, a billion dollars really isn’t what it used to be. Cathie Wood, the CEO of Ark Invest, believes that one new technology will create $80 trillion in market value over the next 10 years. So, what's this $80 trillion opportunity? We’re talking about artificial intelligence (AI). Suggested Stories: Higher Interest Rates = Bank Stock Buying Opportunity Trade Value’s Big Comeback With One Bullish Energy Co. | Fortunes will be made and lost in 2022 — and you likely have just weeks to decide which side you'll be on. | | Marijuana Market Update Matt Clark, Research Analyst In this week’s Marijuana Market Update, I provide an update on the state of cannabis legalization in the U.S. I also answer a viewer’s question on how to break into cannabis investing. Let's get into it. Suggested Stories: Buy This Super Small Commercial REIT Growing Like a Weed CAPE Ratio Reveals Nosebleed Stock Prices! What to Do Now | One of Tesla's senior battery engineers QUIT Tesla and submitted a patent application for a revolutionary new tech process… But he didn't just quit … he's brought the chief of Tesla's entire battery division with him. The man who helped create the original lithium ion battery. And today, you can take advantage of their TINY startup for just $6.00. This stock could skyrocket as much as 100% in a matter of minutes. | | Chart of the Day Small-cap stocks have taken a beating in recent months. At Thursday’s close, the Russell 2000 Index was more than 17% below its 52-week high. While the Russell 2000 is the most popular small-cap index, there is an alternative. The S&P 600 is also a small-cap benchmark. Both indexes deliver similar gains, but they have diverged recently. Explaining the difference in performance is easy. Just look at today’s chart. Suggested Stories: Boris Johnson’s “Drinks Party” Looks Bullish In Volatile Markets, Use Volatile Tools |  1999: The United States Coast Guard intercepted a ship with over 4,300 kilograms (9,500 pounds) of cocaine on board, making it the largest drug bust in history. | | Privacy Policy The Money & Markets, P.O. Box 8378, Delray Beach, FL 33482. To ensure that you receive future issues of Money & Markets, please add info@mb.moneyandmarkets.com to your address book or whitelist within your spam settings. For customer service questions or issues, please contact us for assistance. The mailbox associated with this email address is not monitored, so please do not reply. Your feedback is very important to us so if you would like to contact us with a question or comment, please click here: https://moneyandmarkets.com/contact-us/ Legal Notice: This work is based on what we've learned as financial journalists. It may contain errors and you should not base investment decisions solely on what you read here. It's your money and your responsibility. Nothing herein should be considered personalized investment advice. Although our employees may answer general customer service questions, they are not licensed to address your particular investment situation. Our track record is based on hypothetical results and may not reflect the same results as actual trades. Likewise, past performance is no guarantee of future returns. Certain investments carry large potential rewards but also large potential risk. Don't trade in these markets with money you can't afford to lose. Money & Markets expressly forbids its writers from having a financial interest in their own securities or commodities recommendations to readers. Such recommendations may be traded, however, by other editors, Money & Markets, its affiliated entities, employees, and agents, but only after waiting 24 hours after an internet broadcast or 72 hours after a publication only circulated through the mail. (c) 2022 Money & Markets, LLC. All Rights Reserved. Protected by copyright laws of the United States and treaties. This Newsletter may only be used pursuant to the subscription agreement. Any reproduction, copying, or redistribution, (electronic or otherwise) in whole or in part, is strictly prohibited without the express written permission of Money & Markets. P.O. Box 8378, Delray Beach, FL 33482. (TEL: 800-684-8471) Remove your email from this list: Click here to Unsubscribe | | |
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