DRIV News and Press, Global X Autonomous & Electric Vehicles ETF From 02/07/23

Summary DRIV is a highly diversified autonomous vehicle and EV ETF. It is on my watchlist as leading indicators are not printing a favorable outlook currently. Leading consumer sentiment indicators suggest a slowdown in spending ahead. Leading automotive indicators indicate slowness...

Summary A day after the Fed’s announcement, the ECB raised its key interest rate 0.5% to 2.5% on Thursday. This was the fifth straight increase in the ECB’s key interest rate. Bond investors are fully expecting inflation to cool off, and that the Fed’s key interest ...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips You may have noticed; the stock market is starting to break out right now .  The S&P 500 is up 5.5% year-to-date, marking one of its best starts to a year ever ! Could it be just another bear mar...

Summary The debate about globalization will be interesting as companies increasingly seek alternatives to China and return to more domestic suppliers to solve their global supply chain glitches. The EV earthquake from Tesla’s price cuts is still reverberating, and it will be inte...

Summary The recently passed IRA and IIJA will direct billions of dollars toward EVs and EV infrastructure over the next decade. The IRA and IIJA are already combining to materially impact the capacity of domestic EV supply chains with new commitments across vehicle manufacturers, mining...

Summary Macroeconomic headwinds couldn’t dampen the enthusiasm for the latest developments in disruptive technology at CES 2023. We found sentiment particularly high with innovation offering the promise of increased efficiency, reduced costs, and unlocked profits. Among the h...

Summary Expectations for a full-fledged economic regime change may be overblown, but shifts in liquidity, globalization, climate change, and security could accelerate investment in innovation. Economic growth may slow in 2023, but the relative strength of labor, leverage, and liquidity ...

Summary We expect that global car sales will rise by approximately 4% in 2023 despite a downbeat outlook for the global economy. This is due to more consistent production volumes, the delayed demand backlog and positive growth expectations for China. PHEV shares have already passed ...

Summary In this post, we provide our key assumptions and outlook for 2023. We are relatively more optimistic than most, as we believe that we are already in the mid-late innings of this downturn. We believe that stabilizing interest rates will provide a base for valuations and expec...

Summary In the present time, climate change is progressively inflicting cascading shocks on our environment, economies, and society. Green transportation prioritizes the effective use of energy resources through the creation of energy-efficient modes of transportation and the transforma...