Stocks & Equities

Bryant started in the venture capital business quietly while he was still playing, along with partner Jeff Stibel. The fund, which focused on tech, data and media companies, had already invested in more than a dozen companies when Bryant announced its existence publicly in 2016 after he retired from basketball. The firm was called Bryant Stibel, and based in Los Angeles.

“The most important thing I enjoy now is helping others be successful,” Bryant told The Wall Street Journal when he announced he and Stibel had started the firm. “I enjoy doing that much much more, that’s something that lasts forever.”

Bryant told CNBC at the time that, eventually, he’d rather be known for investments that panned out than for basketball achievements….CLICK for complete article

The Survival Of A $2.7 Trillion Market Rests On This Tiny Niche

The space race has begun. Private companies have exploded, soaring beyond multiple billion-dollar valuations seemingly overnight. Some of the hottest tech companies on the planet are already facing off for a piece of the pie. But there’s a looming crisis that, if not addressed, could bring the entire industry crashing down. Literally.

After over 60 years of space exploration, humankind has left a lot of trash behind. Already, hundreds of thousands of pieces of space debris are in orbit. This is a terrifying reality, especially considering just a tiny 1mm object can have a catastrophic effect on a satellite or spacecraft.

Holger Krag, head of the space debris office for the ESA, notes, “Even today we are losing satellites due to debris and it is only a matter of time before more start colliding. If we continue the way we do, 10 years from now some regions in space will be too risky to visit.”

With companies such as SpaceX, Blue Origin and Virgin Galactic eyeing commercial space flight within the next few years, and even more looking to roll out an array of new private satellites, the space debris risk has never been greater. And if Krag is correct, the more crowded our orbit gets, the more dire the threat will become. CLICK for complete article

Fresh ideas – an EV that breaks the mold?

Electrified cars are approaching mainstream acceptance and adoption, be they a hybrid or a full fledged Electric Vehicle (EV).  There is widespread concern about the continued burning of fossil fuels, and electrification can resolve a lot of that if the electric power is generated without burning fossil fuels ( hydro-electric versus coal or diesel fired power plants ).  To date, most EV manufacturers have looked to the past in designing vehicles that replicate a look …Click here for full article.

Recession Arithmetic: What Would It Take?

David Rosenberg explores Recession Arithmetic in today’s Breakfast With Dave. I add a few charts of my own to discuss.

Rosenberg notes “Private fixed investment has declined two quarters in a row as of 2019 Q3. Since 1980, this has only happened twice outside of a recession.”

Since 1980 there have been five recessions in the U.S.and only once, after the dotcom bust in 2001, was there a recession that didn’t feature an outright decline in consumption expenditures in at least one quarter. Importantly, even historical comparisons are complicated. The economy has changed over the last 40 years. As an example, in Q4 of 1979, fixed investment was 20% of GDP, while in 2019 it makes up 17%. Meanwhile, imports have expanded from 10% of GDP to 15% and the consumer’s role has risen from 61% to 68% of the economy. All that to say, as the structure of the economy has evolved so too has its susceptibility to risks. The implication is that historical shocks would have different effects today than they did 40 years ago….CLICK for complete article

Volkswagen Pleads Guilty to All Canadian Charges in Emissions-Cheating Scandal

TORONTO—Volkswagen pleaded guilty to dozens of Canadian charges in a wide−ranging emissions−cheating scandal on Jan. 22, admitting—among other acts—to secretly importing cars that violated polluting standards.

The German automaker and the Crown submitted an agreed statement of facts in a Toronto court, acknowledging the company imported 128,000 Volkswagen and Audi vehicles, along with 2,000 Porsches, that violated the standards.

Reading from the statement, prosecutor Tom Lemon noted that certain supervisors and other employees at Volkswagen “knew that VW was using software to cheat the U.S. testing process,” the results of which are used by Canadian authorities.

The federal government charged the auto giant last month with 58 counts of illegal importation under the Environmental Protection Act and two counts of providing misleading information….CLICK for complete article

How The Continued Rise Of Nationalism Will Hit Real Estate Capital Flows And Values

Because most people employed in real estate today have only ever worked in a globalised world, it can be hard to imagine how it could be any other way. But the prevailing mood around the world is increasingly opposed to globalisation, with political and economic nationalism and protectionism on the rise. From Brexit, to President Donald Trump’s trade tariffs and America-first policies, to an increasingly…Click here for full article.