Tesla is once again becoming a darling for many investors because it is coming out on top in the EV Charging wars. The NACS design for Charging stations that Tesla made is becoming more popular and more efficient then the CCS design that gets government funding. Tesla has got the government rethinking what to fund and has the competition trying to adapt their EVs to fit Tesla Charging stations.
The Us is experiencing a Commercial Real Estate crisis. Mall Operator Westfield and Hilton Hotels are giving up in certain areas like San Francisco and big-name retailers are being forced to close stores in major urban areas because of suffering sales and increased rates of crime. A combination of Remote Work, High Crime Rates, and online retail have crippled commercial real estate.
Many political pundits say that the silent majority is a real thing and that it is a conservative based bunch focused on common sense. However, every societal opinion poll out there paints a very different picture. Gallup for one says that only 38% of Americans claim to be conservative on social issues. And that number only increases to 44% when asked if they are economically conservative. Whereas 71% of respondents say they are pro-gay “marriage” and 69% think first trimester abortions should be legal. 34% of people say that abortions should be legal in all cases no matter the trimester.
These numbers and so many more paint a clear picture that conservatives and much more so Christians are not in the majority. People if pressed on certain issues and shown the facts may lean more towards conservative and Judeo-Christian ideas but that is the problem. We as a people do not trade in common sense or critical thinking. Social Media, streaming giants, and other societal ills have killed our abilities to truly think seriously.
Big Tech gains pushed the market to a 14-month high. Many think this is the making of a bubble, me included.
The Fed paused Rate hikes for this month but not for good.
UPS drivers may be going on strike in August, and it could kill the US supply Chain.
California wants to pay as much as $1.2M/person in reparations for descendants of Black American Slaves. A state suffering through a homeless crisis because of high cost of living just keeps coming up with great ideas.
The Netflix password sharing crackdown has paid off so far for the streaming giant. People are actually getting their own accounts.
Canada wants anyone and everyone to move to the land of maple syrup and frigid cold. Canada wants to bolster its economy by adding 500,000 people a year for the next 3 years.
US relationships with India are thriving as PM Modi visits the White House for a fancy dinner where talks of big business partnerships will surely take place.
US/China relationships are detreating fast and both countries are coming to the table to discuss how to stop the bleeding. US Secretary Blinken has finally made the trip to China.
There is less alcohol in many of UKs beers because of inflation.
Intel wants to invest $33 billion in Germany as part of a major European expansion.