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Keyword: tulipbubble

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  • People keep leaving financial services for the legalized cannabis industry

    08/10/2017 8:06:07 PM PDT · by 2ndDivisionVet · 27 replies
    e-financial careers ^ | August 10, 2017 | Dan Butcher
    Quitting finance to focus on marijuana sounds like it’s something that involves finding yourself by surfing and living in a beach hut in California. But with momentum building for the legalization of cannabis in the U.S. – 29 states and the District of Columbia have laws legalized marijuana in some form – finance professionals are increasingly viewing it as a big business opportunity. The number of jobs that the cannabis industry is creating continues to increase. New Frontier Data, a research and analytics firm, projects that the legal cannabis market will create more than 250m jobs by 2020 – more...
  • ART CASHIN: We Are Witnessing The Tulip Bubble In Real-Time

    04/03/2013 9:36:48 AM PDT · by SeekAndFind · 25 replies
    Business Insider ^ | 04/03/2013 | Sam Ro
    The price of Bitcoin, the bizarre digital currency, has been skyrocketing. And everyone's calling it a bubble. But it's not like most other bubbles. Art Cashin, UBS' man on the New York Stock Exchange trading floor, contrasts the Bitcoin bubble to the Dutch tulip mania of the 17th century. Here's Cashin: Trading Tulips In Real Time – It is rare that we get to see a bubble-like phenomenon trade tick for tick in real time. Usually it's kind of regional aggregate pricing like real estate reports. But, all that may be changing – before our very eyes – quite literally....