by Thomas Powell | Sep 27, 2018 | Economics, Energy, Investing
General Electric’s CEO called 2018 its “reset year,” but I doubt CEO John Flannery meant the whiplash turn that GE is speeding towards at the moment. Once a member of the founding elite of the Dow Jones, GE is in the middle of one of its roughest years in a decade....
by Thomas Powell | Sep 24, 2018 | Investing
If you were keeping up with the Wall Street Journal, or any other financial news site, you saw this larger-than-life news week: “Tilray, a startup with just $20 million in first-half revenue, was briefly worth $20 billion during a wild ride last week” — WSJ,...
by Thomas Powell | Aug 30, 2018 | Energy, Uncategorized
California Needs a Way to Store its Solar and Wind Energy The Los Angeles Dept of Water and Power is proposing to turn the Hoover Dam into a giant battery that would act as storage for locally-produced wind and solar energy, to the tune of $3 billion. The New York...
by Thomas Powell | May 25, 2018 | Economics, Uncategorized
What is considered “wealthy” in America? Depends on who you ask … and where you live … and what you like to do … and other things. According to a recent study from Charles Schwab, to be wealthy in America means making $2.4 million a...
by Thomas Powell | Apr 27, 2018 | Economics, Uncategorized
As you’ve likely heard, China is making some mega-moves when it comes to investing in infrastructure projects, such as new ports, new cross-country roads, railways and power plants as part of President Xi Jinping’s Belt and Road project. Many of these projects are...
