How Green Is Big Weed? While about 90 public companies in Canada aim to cash in on legalization, a mere handful account for more than half the industry’s stock-market capitalization, writes Barron’s Bill Alpert.
Below, some of the best analysis and insight from WSJ writers and columnists, the Dow Jones Newswires team and occasionally beyond, on investing, the wealth-management business and more.
PLANNING & INVESTING
ETF Fees Tumble as Price War Heats Up Among Big Fund Firms: The U.S. ETF market could top $10 trillion in assets within the decade.
MARKET TALK
From Dow Jones Newswires
U.S. shoppers surveyed by Consumer Reports want meat produced by cell culture technology to bear some type of label differentiating it from conventionally raised beef, pork and chicken. Nearly half the consumers surveyed via phone last month said such meat, under development at several startups and the subject of an FDA hearing Thursday, should be called meat, but with an explainer about how it’s produced. 40% of those surveyed said it should be called “something other than meat,” and only 5% were okay labeling the products the same as any other meat. Consumers Union senior scientist Dr Michael Hansen has warned that cell-culture produced meats could pose unique food safety risks, like bacteria or fungi invading the vats and nutrient solutions used to grow the products. (jacob.bunge@wsj.com; @jacobbunge)
US forecasters surveyed this month by WSJ still expect healthy growth and falling unemployment this year. But worries about a potential economic downturn are mounting. The average probability of the US entering recession in the next year was 18% in July’s survey, the highest level since November 2016. Some 68% of economists said they saw the risks for growth tilted to the downside, the most since October 2016. Many cited trade disputes and tariffs as potential threats to the economy. (Ben.Leubsdorf@wsj.com; @BenLeubsdorf)
BUSINESS & PRACTICE
Neglected Your Nest Egg While Raising Children? That’s OK if You Have a Catch-Up Plan: New research suggests parents can meet retirement goals with aggressive saving after the kids are out of the house.
TALKING POINTS
Economists in New Survey See Federal Reserve on Autopilot: Overall, economist surveyed see the federal-funds rate ending the year at 2.33%.
TRAVEL & LIFESTYLE
Too Busy for a Book Club? Join an Online Version: These novel online book groups help time-strapped adults debate new works on digital platforms they already enjoy.
$$$
Credit: blogs.wsj.com
