The unprecedented $1.9 trillion stimulus package will support massive consumer acceleration, says investment bank Cowen.
Insider breaks down the 3 key drivers for consumer acceleration, according to Cowen analysts.
And list the 14 consumer-focused stocks set to benefit from the stimulus checks.
Senate Democrats are preparing to pass President Joe Biden s $1.9 trillion coronavirus stimulus this week with or without Republican support, after the House voted to pass the American Rescue Plan Act.
The bill includes $1,400 stimulus checks, $400 federal unemployment benefits, and aid to state and local governments.
The unprecedented $1.9 trillion stimulus package supports massive consumer acceleration, according to investment bank Cowen in a February 16 research note.
At a time when most major companies are working on plans to cut their carbon emissions, one of the darlings of green investing is working to increase its emissions footprint. You read that right. Thanks to its explosive expansion in China and a planned car plant in India, Tesla is in the process of not just increasing the total sum of its emissions a pretty inevitable consequence of growth in our current carbonised world but increasing the amount of pollution each of its vehicles generates, too. That’s because carmakers’ emissions aren’t just a product of the energy consumed in their factories they’re a result of the pollution their products pump out while they’re being driven around. Thanks to all the gasoline and diesel that gets burned over the lifetime of the cars they sell, Volkswagen is responsible for more greenhouse gases than oil producer Total SE. Toyota Motor Corp’s footprint exceeds that of BP. Cummins, which makes engines for commercial vehicles
Read more about Tesla registers in India, names 3 directors with Bengaluru as office on Business Standard. Tesla Motors India and Energy Private Limited was incorporated on Jan. 8 with its registered office in the southern city of Bengaluru, a hub for several global technology companies