Why is there a lot of focus on the Ark Invest report and analysis? Some people who do not follow ARK or Tesla closely think that it is the ebb and flow of hype. They are some random flavor of the month. This is not the case. Ark correctly called Tesla going to $4000 when …
The 2019 revision of the World Population Prospects (WPP), the United Nations projected that the world’s population would grow from 7.7 billion in 2019 to reach 8.5 billion in 2030, 9.7 billion in 2050 and 10.9 billion in 2100. These figures are based on the “medium variant” projection, which assumes a decline in fertility for …
This is an update on the projection that the US will reach 500,000 cumulative COVID deaths according to the Worldometer tracking. Worldometers reporting about 489,571 deaths on February 11, 2021. John Hopkins reports 471,567 total US COVID deaths as of February 10, 2021, 475k on Feb 11 and 478k as of Feb 12. John Hopkins …
The US currently records 474,915 deaths from COVID and the seven day average or daily deaths is over 3000 per day. This will likely update to about 476,000 deaths by the end of the day Feb 7, 2021. UPDATE – adjusted for variance between IHME and Worldometers reporting of death totals on Jan 29. Feb …
Tesla started 2021 at a price of $735 per share.
Wells Fargo, Chris Harvey, was wrong about 2020. He called for getting out of the stock market before the 16% increase in the SP500 in 2020. “We kinda hate this market,” Harvey told CNBC’s “Trading Nation” on Wednesday. “When did we stop liking this market? It’s been relatively recent. The market has moved very close …
Loup Ventures, Gene Munster is a long-time Tesla bull and has also been correct on Big Tech. Gene has set a new three-year price target of $2500 for Tesla. This would put Tesla at a $2.3 trillion valuation. This would be $12,500 before the five-way split in the share price. A side observation is that …
Seven months ago, Nextbigfuture looked at the post pandemic world future as the pandemic was starting. We are now about halfway through the global pandemic. The World Bank’s baseline projection is for a 5.2% global economic contraction. China and several other Asian countries will have positive GDP growth in 2020. The US and many other …
From 2020 to 2025, the cumulative world economic loss in output relative to the pre-pandemic projected path is projected to grow to $28 trillion. The Pandemic is costing the world economy $4 trillion in 2020. The world will have a lost year and the pause in global growth is not projected to be recovered. The …
The double whammy for the European Union GDP is Brexit and COVID. In 2019, the EU had a combined GDP of $18.3 trillion. The UK leaving removes $2.5 trillion. COVID removed another 10-12% in 2020. The Jan, 2021 GDP will be after Brexit is official and enacted on Dec 31, 2020. $15.8 trillion after the …
Canada’s population is passing 38 million and new immigration plans will push annual immigration over 400,000 per year. Canada’s immigration plan targeted a level of 361,000 immigrants in 2022 but the high range would allow 390,000 immigrants in 2022. Canada will release a 2021-2023 immigration plan in October, 2020. Canada has been increasing annual immigration …
