predictions

businessBrexit and EU Predictions

It seems the odds are the Boris Johnson will be the next PM of the UK. He indicates he will try to renegotiate UK Brexit with the EU but will leave October 31, 2019 if there is no deal. The …

businessArk Invests Values Self-Driving Taxi Service at Over $1.3 Trillion by 2023

Ark Invest manages financial funds and ETFs and are among the most vocal Tesla bulls. Even if full autonomy is not achieved and Tesla cannot produce an autonomous car, ARK estimates that the electric vehicle opportunity alone would boost its …

businessRecession Predicted by the Inverted Yield Curve

Mike Wilson, chief U.S. equity strategist at Morgan Stanley, has adjusted the yield curve inversion for quantitative easing and quantitative tightening. He believes that it predicts a recession. When long-term rates are lower than short-term rates, the yield curve is …

chinaUS Has to Out Innovate China in Long Term Technology Competition

China is seeking technological self-sufficiency and even superiority in key industries. It has concentrated military spending on advanced technologies. Its Belt and Road Initiative proposes a trillion-dollar investment program to project China’s influence across the world. What is China’s grand …

europeWinners in EU Elections Were Nationalist Parties

The leader of Italy’s right-wing League Party, Matteo Salvini, said populist and nationalist parties will control at least 150 seats in the new 751-seat European Parliament. ECFR (European Council on Foreign Relations) published results of surveys that show most Europeans …

businessTheresa May Resigns and Banks Have 25-40% Odds for a No-Deal Brexit

U.S. bank JPMorgan has raised its probability of a no-deal Brexit to 25%. They think the most likely scenario is Boris Johnson will become prime minister and then there will be a parliamentary election. They believe there is a 60% …

canadaBrexit Party Could Win in UK Election and Trudeau Will Likely Lose in Canada

A new Opinium/Observer poll shows both major British parties have lost vote share: Labour has lost ground to the Lib Dems and Greens, while the Conservatives are losing ground to the Brexit Party who have reached 21%. The Brexit Party …

artificial intelligenceElon Predicts that in the Future People Will Demand No Human Drivers

Elon Musk Predicts that in the future people will demand that there be no human drivers. This will make it inevitable that steering wheels will be removed from safe full self-driving cars. The steering wheels will be removed.

economic impactFuture is US Oil and Gas and Using Oil for Plastics

By 2025, Texas oil production will double and US and gas production will increase by around 50%. Enterprise Partners forecasts that Texas will surpass 10 million barrels per day of crude oil production by 2025 from the Permian and Eagle …