John Loftus Joins Alliant Insurance Services

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InvestorPlace

7 Sin Stocks To Buy That Will Outperform the S&P 500

While the S&P 500 and a wide range of stocks continue their September slide, many investors are understandably jittery, wondering if a second market crash is coming this year. In response, they’re searching for industries that can offer more stability, but also growth and income over the coming quarters. One such group are the so-called “sin stocks,” which benefit when humans indulge in vices.Although there may be different definitions of sin stocks, these businesses include those in alcohol, tobacco, cannabis, gambling, adult entertainment, weapons and defense industries. What is viewed as a sin stock today may also change over time.Recent research by David Blitzo of Robeco Asset Management in Rotterdam, the Netherlands, and Frank J. Fabozzi of EDHEC Business School in Nice, France, highlights how “various studies … [of] the historical performance of sin stocks … [show] they

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Federal Report Warns of Financial Havoc From Climate Change

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WASHINGTON — A report commissioned by federal regulators overseeing the nation’s commodities markets has concluded that climate change threatens U.S. financial markets, as the costs of wildfires, storms, droughts and floods spread through insurance and mortgage markets, pension funds and other financial institutions.

“A world wracked by frequent and devastating shocks from climate change cannot sustain the fundamental conditions supporting our financial system,” concluded the report, “Managing Climate Risk in the Financial System,” which was requested last year by the Commodity Futures Trading Commission and set for release on Wednesday morning.

Those observations are not entirely new, but they carry new weight coming with the imprimatur of the regulator of complex financial instruments like futures, swaps and other derivatives that help fix the price of commodities like corn, oil and wheat. It is the first wide-ranging federal government study focused on the specific impacts of climate change on Wall Street.

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Will the USD/CAD quotes rise?

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Recommendation for USD/CAD: Buy

Buy Stop : Above 1,333

Stop Loss : Below 1,299

Indicator Value Signal
RSI   Neutral
MACD   Buy
MA(200)   Neutral
Fractals   Buy
Parabolic SAR   Buy
Bollinger Bands   Buy

 

Chart Analysis

USDCAD

On the daily timeframe, USDCAD: D1 exceeded the downtrend resistance line. A number of technical analysis indicators formed signals for further growth. We do not exclude a bullish movement if USDCAD rises above the upper Bollinger band: 1.333. This level can be used as an entry point. We can place a stop loss below the Parabolic signal, the lower Bollinger band and the last two lower fractals: 1.299. After opening a pending order, we can move the stop loss to the next fractal low following the Bollinger and Parabolic signals. Thus, we change the potential profit/loss ratio in our favor. After the transaction the most risk-averse traders can switch to the four-hour chart and set a stop

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Terry McAuliffe column: A federal privacy law Is essential to economic recovery | Columnists

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Witness the recent case in which police use of ineffective facial recognition technology led to the arrest of an innocent African American man in Detroit. And while states are starting to step up to fill the gaps, a state-by-state approach will lead to conflicting privacy standards and leave Americans inconsistently protected across the U.S.

Meanwhile, companies, particularly small businesses, will be left scrambling to comply with each different state privacy law that comes online. A state-by-state approach is a recipe for privacy pandemonium.

It’s time for both parties to prioritize passing a federal privacy law that ensures consumers are protected while enabling innovative new products and services to boost the U.S. economy.

There already is strong bipartisan agreement on a number of measures that would empower consumers with respect to how their personal information is used and protected. Further, there is a consensus that companies should be prohibited from high-risk

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Ford plans 5 new electric cars for Canadian production, union leader says

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Ford Oakville assembly plant

Home to more EVs in the near future.


Ford

Ford has been nowhere near as publicly gung-ho on electric cars as crosstown rival General Motors, but the Blue Oval reportedly has big things planned for battery-powered cars. On Tuesday, Reuters reported remarks from Jerry Dias, president of Canadian auto union Unifor, who not only mentioned a substantial investment in the Canadian production plants, but five new electric cars.

Ford Canada did not comment directly on Dias’ remarks. “Ford of Canada and Unifor have reached a tentative agreement on a three-year national labor contract covering nearly 5,400 unionized employees in Canada,” a Ford spokesperson told Roadshow. “To respect the ratification process, Ford of Canada will not discuss the specifics of the tentative agreement.”

Unifor did not immediately return Roadshow’s request for comment following Dias’

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KBG Insurance Agency In Spokane, WA Offers Comprehensive Insurance Services

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SPOKANE, WA / ACCESSWIRE / September 15, 2020 / Spokane, WA-based Kingdom Builders Group (KBG) Insurance & Financial is pleased to offer insurance and financial services to the residents of Washington and Idaho. KBG is a 5-Star rated insurance agency that offers a wide range of personal and commercial lines of insurance and investment services. These include life insurance, business property insurance, financial planning, auto insurance and home insurance. More services are listed on their website at https://sites.google.com/site/kbginsurancefinancial/.

KBG asserts that working with a broker gives clients more options and better rates for insurance services. The firm has partnered with Travelers Insurance, Safeco, Liberty Manual, Allstate, Grange Insurance Association, Progressive and so on in pursuit of providing customers the insurance plans that suit them at affordable prices.

Insurance services vary in terms of scale and purpose, but most are meant for personal, home and commercial use. For instance, earthquake insurance

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Navigating bonus culture in the finance sector

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Former and current governors of the Bank of England, Mark Carney and Andrew Bailey&nbsp


When COVID-19 swept across Spain this spring, the country’s second-largest lender, Banco Bilbao Vizcaya Argentaria (BBVA), did not waste time proving its social responsibility credentials. The bank announced on March 30 that its executives would forgo their bonuses for 2020, worth an estimated €50m ($56.26m). “The international pandemic caused by the coronavirus is an unprecedented health crisis,” a BBVA spokesperson told World Finance. “In the context of the measures taken by governments and monetary authorities to mitigate the impact of the pandemic on the world economy, financial institutions have a fundamental, and even exemplary, role in this crisis.”

This role has not always been a priority for banks, which were largely blamed for the economic shock of the 2008 financial crisis. Since then, they have gone to great lengths to convince governments and the public that

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ADA flashes buy signal in 12-hour chart

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  • Cardano Founder Charles Hoskinson recently described ADA as a “financial operating system.”
  • IOMAP shows that ADA’s upside is currently capped off at $0.080.

ADA = Financial operating system

In a recent interview with “Slot Leader,” Cardano founder Charles Hoskinson laid down his vision for ADA being the “financial operating system.” He said:

The general idea is that the system should be an end-to-end stack for economic identity. So what that means is that if some person in Senegal, or some person in Rwanda, or wherever, enters the system, they should have some place to place their data and their identity, to build a reputation. They should have some way of getting credit. They should have some way of interfacing with a currency that’s reasonably stable, that they can send to anybody in the world. They should have the ability to interface with exchanges. If they have a business, they should

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Euro Zone Economic Recovery in Danger as Services Slide | Investing News

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LONDON (Reuters) – Euro zone business growth ground to a halt this month, throwing the economic recovery into question, as fresh restrictions to quell a resurgence in coronavirus infections slammed the services industry into reverse, a survey showed on Wednesday.

The renewed downturn in the dominant services sector, which is likely to be hit harder by new constraints on activity imposed across the 19-country euro zone, more than offset the strongest manufacturing growth in two years.

“Alarm bells should be going off about the pace of the recovery at the moment as the number of new COVID-19 cases has been flaring up,” said Bert Colijn at ING.

“For governments and the European Central Bank, this will be a wake-up call, if they needed one.”

IHS Markit’s flash Purchasing Managers’ Index sank to 50.1 in September from August’s 51.9, only just above the 50 mark separating growth from contraction and well

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The dominance of the US dollar is called into question

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Federal Reserve Building, Washington,DC

Federal Reserve Building, Washington,DC&nbsp


Author: Charlotte Gifford


September 8, 2020

In July 2020, the US dollar suffered its poorest monthly performance for a decade, as the country grappled with the economic fallout of the pandemic. The currency’s tumble has raised concerns that its dominance of the global financial system could be waning. According to data from the Commodity Futures Trading Commission, hedge fund bets against the dollar in futures markets are at their highest level in about ten years. Meanwhile, Goldman Sachs currency strategists have warned that the dollar is in danger of losing its status as the world’s reserve currency.

Many economists think that concerns about the dollar’s demise are over-exaggerated. They argue that a number of short-term factors have contributed to its decline, including the US Federal Reserve’s aggressive monetary easing, aimed at boosting liquidity during the pandemic.

Others disagree that a weaker dollar means it’s necessarily losing

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