Genomics is not limited to DNA-medicine. It’s also a tech disruptor in other industries like fish farming, and that offers some profitable opportunities.
Looking at official data, it seems that the economy has fully recovered from the shutdown. This simple analysis understates the degree of the problem. Every dollar spent in the economy generally increases the value of GDP by more than a dollar. This is known as the velocity of money. But money velocity suggests economic contraction if you take away government support.
Before the pandemic, increased globalization seemed certain. Now, with the gulf between the recovery of the U.S. and Eurozone growing, there could be a shift towards nationalism as the lackluster k-shaped recovery in the rest of the world threatens the U.S.
Let’s cut the Fed-babble and call things how they really are. Because what happened last week means a lot for our dividends — and whether we’ll be able to count on them in the future.