Cathie Wood, CEO of ARK Invest, which specializes in disruptive technology, on how renewable and EV stocks – OK, Tesla – are weathering the storm.
Cathie Wood, CEO of ARK Invest, which specializes in disruptive technology, on how renewable and EV stocks – OK, Tesla – are weathering the storm.
“This pandemic was not on any Radar” :
There are many many reports and papers warning of increased epidemic virus occurrences from distinguished medical bodies as Climate change gradually warms our globe.
So pandemic outbreaks should be on radars, including financial systems.
We have gotten used to a goldilocks environment as the norm, it is time to realize we are leaving the comfort of that environment.
We need to admit these experts know what they are talking about, time to accept and act.
https://www.ncdc.noaa.gov/climate-monitoring/
This clip is just more nattering from people who live in a world of wishful thinking. It’s time to bring out the old jokes —-“Economists have predicted nine of the last five recessions” and “How many economist does it take to change a light bulb?—-Seven, plus or minus ten”. Or take a look at a newer one:
Q: How many conservative economists does it take to change a light bulb?
A1: None. The darkness will cause the light bulb to change by itself.
A2: None. If it really needed changing, market forces would have caused it to happen.
A3: None. If the government would just leave it alone, it would screw itself in.
A4: None. There is no need to change the light bulb. All the conditions for illumination are in place.
A5: None, because, look! It’s getting brighter! It’s definitely getting brighter !!! A6: None; they’re all waiting for the unseen hand of the market to correct the
lighting disequilibrium.
That comes from a multipage compilation of jokes about economists—lots of good ones.
http://www.drfurfero.com/jokes/eco.html
Those are great! And that must be a very very large book.
It’s actually just a web site, and it’s only a few pages long. It is loaded with good jokes, many of them priceless—take the time to scan it, especially the “short story” jokes at the end.
I notice in Cathie Wood’s discussion of the advantage of EVs, she makes a case for them being “better cars”, rather than any wholesome environmental reasoning. It’s an indicator that the market for EVs is shifting from the tree-huggers to the mainstream.
Today I dropped yet another promotion for an “oil change special” from a car dealership directly into the recycling bin.
https://images-na.ssl-images-amazon.com/images/I/41gsyXv7nwL.jpg