Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints of federal prohibition. It has some U.S. exposure through the acquisition of SweetWater, a craft brewer

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Aphria Inc.

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Post by NorthSunon Jul 09, 2020 2:26pm

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Post# 31246826

Historically high unemployment should embolden investors

Why historically high unemployment should embolden investors to take more market risk, according to a Wall Street chief strategist

The still-lofty unemployment rate offers investors the latest sign to return to the stock market, James Paulsen, chief investment strategist at The Leuthold Group, said Thursday.
The S&P 500's average annual return in years when the unemployment rate exceeded 8% is roughly 25%, the strategist observed. When joblessness slid below 4.5%, the index notched yearly gains of about 8.4%.
Lofty unemployment rates signal "the outsized potential that future economic conditions are destined to improve because employment will ultimately recover," Paulsen said.
As economies recover and hiring picks up, so does spending and corporate profit growth, he added.

https://www.msn.com/en-ca/money/markets/why-historically-high-unemployment-should-embolden-investors-to-take-more-market-risk-according-to-a-wall-street-chief-strategist/ar-BB16mhrk?ocid=sf2

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