The comedy of errors that are IMF forecasts is well known: it was covered most recently in “Hilarious Charts Of The Day: IMF’s “Growth Forecasts” Over Time.” Moments ago we got the IMF’s first forecast update for 2014 which also included the Fund’s first 2015 forecasts for growth around the world. Not surprisingly, they were largely higher across the board except for China which has seen its 2014 projected GDP growth collapse from 8.5% a year ago to 7.5% now, and is expected to drop modestly to 7.3% in 2015. The charts showing the progression of said hilarious forecasts are shown in their entirety below, about which one thing can be said with certainty: whatever the GDP growth rate in the world is in 2014 and 2015 it will be anything but what the IMF predicts it to be.
Continued
VIDEO: Time Cover Calls Christie ‘Elephant in the Room’
Time’s latest cover features NJ Gov. Chris Christie with the words “the elephant in the room.”
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This past Sunday, the Denver Broncos beat the New England Patriots to win the AFC title. The Seattle Seahawks defeated the San Francisco 49ers to capture the NFC title. Now the Denver Broncos and the Seattle Seahawks will face each other in the Super Bowl on February 2nd, 2014. Both football teams will help to bring in tons of revenue dollars for the economy and their respective cities. This coming Super Bowl is expected to be the most highly watched Super Bowl game ever. It features one of the best offensive teams in the NFL going against one of the best defensive teams in recent history. It has been estimated that a 30-second television commercial will go for about $4 million during this year’s Super Bowl. At the start of 2014, two states began selling marijuana legally, Colorado and Washington. Since the two football teams that will be playing in the Super Bowl are coming from these two states it is safe to say that marijuana stores will likely do very well on Super Bowl Sunday. We can only expect marijuana sales to be up leading into such a major sporting event. After all, alcohol sales always increase during the week of the Super Bowl, so we should expect the same type of reaction from marijuana sales. Here are three marijuana related stocks that could benefit from the upcoming Super Bowl game. Please note, all of these companies mentioned below trade on the OTC-BB so they are equities that carry much higher risk. These stocks have also had big gains since the new year began. Traders and investors must make sure that they understand the risks involved before trading these stocks. 1. Cannabis Sativa (OTC-BB: CBDS) 2. Medbox Inc (OTC-BB: MDBX) 3. Terra Tech Corp (OTC-BB: TRTC) Nicholas Santiago InTheMoneyStocks.com
VIDEO: Time Cover Calls Christie ‘Elephant in the Room’
Time’s latest cover features NJ Gov. Chris Christie with the words “the elephant in the room.”
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Hamilton Project released three new policy proposals by outside experts on how to changes in student lending and financial-aid policies can help improve college outcomes. The findings from the paper are here.
The Brookings institute is a nonprofit public policy organization based in Washington D.C. Their mission is to conduct high-quality independent research to provide practical recommendations that advance three goals:
1. Strengthen American Democracy
2. Foster economic and social welfare
3. Secure a more open, safe and prosperous international system
The institute has notable leadership such as president Strobe Talbott and board members like Lazard CEO Kenneth Jacobs.
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@JoffreyPV boosting huge @MammothUnbound this spring. See the video, now live on freeskier.com courtesy of @girosnow. #Freeskier #Skiing #GiroSnow (at Mammoth Unbound)