The Wrap: Secular Stagnation, REITs, Online Wagering & Gas Supplies
Weekly Broker Wrap: Secular Stagnation, REITs, Online Wagering & Gas Supplies
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Weekly Broker Wrap: Secular Stagnation, REITs, Online Wagering & Gas Supplies
Fears have eased for now regarding Evergrande but it is also a relief for Wall Street uncertainty over Fed tapering is now resolved. Dow up 506. (Available for non-subscribers after 10am)
After bouncing substantially from its intraday low late in Monday's session, last night Wall Street closed flat ahead of tonight's critical Fed statement. Dow down -40. (Available for non-subscribers after 10am)
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Gigantic batteries like those offered by Tesla, ABB and newcomers like Northvolt can help grid operators move extra capacity between states and ensure that power from intermittent, renewable energy sources including solar and wind can be stored and used when needed. Projects like Neoen's Victorian Big Battery, and systems like Tesla Megapacks within it, can also ensure power is available even when there are unplanned outages in a transmission network. In a recent earnings call, Tesla CEO Elon Musk talked up his company's growing energy storage business claiming there is demand for more than 1...