There are three investable AI categories: robotics, machine learning and AI infrastructure. Robotics includes automation, such as the Tesla autopilot, in addition to industrial and manufacturing machines. Machine learning products autonomously improve and adapt with new data. The most common examples are the digital assistants on our smartphones. AI infrastructure is the data and cloud […]
Solar power is still a minuscule segment of the larger electricity generation market. Today, it accounts for just 2.5% of electricity generation capacity in the United States. Over the next several years, investors should expect solar to become more dominant. By one account, 40% of all new electricity generation capacity added in the United States […]
Bill Ackman is the most confident man I have never met. In multiple interviews over the years on CNBC, I cannot recall him ever admitting a bad investment. Pay no attention to the man behind the curtain who bought J.C. Penney and Valeant Pharmaceuticals. Ackman’s latest idea is a publicly traded SPAC — Special Purpose […]
Republican lawmakers have put forth another coronavirus relief plan that includes a second stimulus payment. The HEALS Act — the Health, Economic Assistance, Liability Protections and Schools Act — follows up to the March relief bill. The initial stimulus bill, the CARES Act — the Coronavirus Aid, Relief, and Economic Security Act — gave $1,200 […]
Equity markets have demonstrated to be mixed through July as well as year-to-date amidst the ongoing impact of the coronavirus, GDP U.S. economy experiencing a -32.9% contraction and strong corporate earnings. According to FactSet, 84% and 69% have topped consensus earnings and revenue estimates respectively with 63% of companies reporting. All three major averages rose […]
Government payouts and loose monetary policy are both contributing to a weak dollar. When this situation occurs, people look to safeguard their money. The uncertainty leads citizens to be concerned about future buying power. Gold has seen quite a run-up in its price, lately. Given its status as the de facto standard for safe haven […]
In a post-coronavirus world, Europe will be a global leader in renewable energy and carbon footprint reduction initiatives. The region has been investing in renewable energy initiatives for decades. Also, international travel will return — eventually. Most of the European continent will be open for international business earlier than the United States if coronavirus infections […]
BCA Research Chief Global Strategist Peter Berezin recognizes the “nervous” sentiment among traders. “Nevertheless,” he says, “we would ‘buy the dip’ if global equities were to fall 5% to 10% from current levels.” “While the pace of reopening will slow, there is little appetite for the sort of extreme lockdown measures that were implemented in March,” […]
Speaking about economic recovery, Federal Reserve Chairman Jerome Powell warned there would be “significant uncertainty” going forward — all due to the ongoing COVID crisis. “The levels of output and employment remain far below their pre-pandemic levels, and significant uncertainty remains about the timing and strength of the recovery,” said Powell. “Much of that economic uncertainty […]
The current air quality of Washington D.C. has reached purity levels not seen in over 25 years. Los Angeles, once the perennial butt of smog-related jokes, now has some of the best air quality in the country. NASA scientists have recently stated that nitrogen dioxide levels have decreased by over 30%. Nitrogen dioxide is a […]
