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The Need for Speed a |
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| In prior issues, we��셶e discussed the emerging category of $1 million to $2 million micro-jets and the even more exciting VTOL Skycar technology. These developments promise to bring business aviation to a whole new category of small and midsize businesses. But what��셲 going to happen for the elite who already spend $40 million to $100 million for Gulfstreams and Boeing Business Jets? |
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The Increasingly Bin |
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| Over the past 15 years, the United States has become the world��셲 sole superpower, dwarfing every other nation in terms of economic and military might. And while Japan, Russia, and the EU have fallen further behind, one nation has emerged to join the U.S. as the primary driver of global prosperity: China. In astronomical terms, we might envision the U.S. and Chinese economies as two stars revolving about each other, while accelerating and pulling a host of planets along with them. |
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The "Efficient Marke |
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| The 諛팭ficient market hypothesis,?which Wall Street embraced for decades, holds that in a market where everyone has equal access to the same information, rational investors will set stock prices ?and the prices will reflect the generally understood information about the value of those stocks. No one has an unfair advantage ?and no one is supposed to be able to beat the market over the long term. This is the foundation upon which the $1 trillion index-fund industry rests. |
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The Creativity Crisi |
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| For a century, the United States had led the world in innovation. It is home to many of the world��셲 most forward-thinking companies. It produces many of the most innovative products and services on the planet. And yet, the American advantage in innovation is not some home-grown resource that can be found in the water or the air. |
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Moving South |
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| America is on the verge of a great migration that is affecting where people will live and how companies will profit. As futurist Dr. Jim Taylor points out in American Demographics, the U.S. has been the site of two previous major migrations. |
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