In his Daily Market Notes report to financiers, while discussing Ford getting in the semiconductor chip business, Louis Navellier wrote:
Facilities Bill Will Increase Inflation
Our survey this week exposed that 85% of retail financiers think that the just recently passed infrastructure costs will increase inflation. One participant called it “throwing gas on a fire.” Activist Hedge Funds Have A New Target: Polluting CompaniesAs billions of dollars put into ESG and green energy funds around the world, hedge funds see an opportunity. Managers are refocusing on ESG compliant investments, and activist investors are taking goal at business they believe require to tidy up their act. Q3 2021 hedge fund letters, conferences and more Leading the charge is Engine No. 1, Read MoreThe bad and middle class are increasingly annoyed whenever they go to the gas station or the grocery store. Due to a turkey scarcity, numerous Americans are going to be consuming chicken for Thanksgiving, but the cost of chicken has increased also. It will be intriguing how long consumers will endure inflation eroding their wealth. If inflation is indeed “temporal,” its not transitory enough.
Ford is Getting Into The Semiconductor Chip Business
Ford Motor Company (NYSE: F)s CEO, Jim Farley, on Thursday tweeted that he expects Ford will be producing EVs at an annual rate of 600,000 by the end of 2023. Farley likewise said that Ford aims to become the 2nd bigger EV producer within the next couple years.” Farley concluded by saying “Then as the huge financial investments were making in EV and battery manufacturing come onstream and we quickly broaden our EV lineup, our ambition is for Ford to become the biggest EV maker in the world.”
I ought to add that Ford is following Apple Inc (NASDAQ: AAPL) and entering into the semiconductor chip organization. Specifically, Ford participated in a tactical contract with GlobalFoundries to develop semiconductor chips. This pact might also lead to Ford producing semiconductor chips. Cars are progressively computerized, particularly electric cars, so other auto manufacturers might follow Ford into the semiconductor chip business to better design their lorries along with to alleviate existing semiconductor chip shortages.
Natural gas rates surged again this week with the German regulatory delays of Russias Nord Stream 2 pipeline, so electrical energy producers in Europe are now running coal plants at near-record capacity. Polands electricity is mainly coal-fired and Poland exports electrical power to other nations in main and eastern Europe. Idle coal plants in Portugal and Spain have been “reactivated” due to high natural gas costs. Politicians do not wish to raise electric prices too rapidly, so the revival of coal in Europe is a bit ironic and certainly counter to everything political leaders were stating at COP26.
The Climate & & Freedom Symposium, which was going on at the exact same time as COP26, concluded that “markets will solve the climate crisis.” This is a very real and profound statement. Governments can supply carbon incentives, however the personal sector and totally free markets typically offer the best, most economical solutions.
Business we recommend, like Enphase Energy Inc (NASDAQ: ENPH) and Generac Holdings Inc. (NYSE: GNRC) are already assisting to provide backup electrical power services and decentralize the electrical grids. Our company believe that entrepreneurs and ingenious business like Enphase Energy and Generac hold the key to satisfying climate change goals.
Navellier & & Associates owns Enphase Energy, Inc. (ENPH), and Generac Holdings (GNRC), in managed accounts. Louis Navellier and his household personally own Enphase Energy, Inc. (ENPH) and Generac Holdings (GNRC), by means of a Navellier managed account.
Heard & & Notable
Volcano scientists provided an alert Wednesday, warning that a layer of ash from the powerful 1912 eruption of volcano Novarupta, is being worked up by winds and is headed towards Kodiak Island. An aviation alert to airplane was issued. Source: AP News
Updated on Nov 19, 2021, 4:07 pm
Our study this week revealed that 85% of retail investors think that the just recently passed facilities bill will increase inflation.” Activist Hedge Funds Have A New Target: Polluting CompaniesAs billions of dollars put into ESG and green energy funds worldwide, hedge funds see an opportunity. Supervisors are refocusing on ESG certified financial investments, and activist financiers are taking aim at business they think need to clean up their act. Cars are progressively computerized, particularly electric cars, so other automobile producers may follow Ford into the semiconductor chip business to much better design their cars as well as to alleviate existing semiconductor chip lacks.
Political leaders do not want to raise electrical costs too quickly, so the revival of coal in Europe is a bit paradoxical and undoubtedly counter to everything political leaders were saying at COP26.