Image Source: U.S. Chamber of Commerce. Amid growing Chinese influence in Latin America, the Peruvian government’s recent decision to grant China’s Cosco Shipping exclusive control over the $3.5 billion Chancay port—a key node in the Belt and Road Initiative—has set off alarm bells in Washington. Dubbed “the gateway between South America and Asia,” analysts believe […]
Reshoring News
Despite the strong performance, “ETF Edge” host Bob Pisani contends ETFs built around a theme often come and go. However, Strategas’ Todd Sohn, who tracks the ETF industry, thinks investing in U.S. manufacturing is a sound strategy. He points to the industrial sector’s runway for growth after a vast reduction in size over the past […]
Halfway through the year, thematic equity ETFs have exhibited wide levels of dispersion but continue to capture the market’s attention heading into the second half of 2024. The world’s largest asset manager just released its midyear thematic outlook, which delineates what it deems the two biggest mega forces shaping the future of thematic investing – […]
Amid global tensions, Italy is bolstering its geopolitical role through key infrastructure projects. The President of Simest (CDP Group) highlights efforts to enhance supply chain resilience, especially for renewable energy and semiconductors The Italian infrastructure push. Amidst increasing global tensions and disruptions in value chains, Italy is stepping up its role in international geopolitics by […]
The UK’s Electricity Networks Commissioner’s report on how to accelerate the deployment of strategic electricity transmission infrastructure is clear. As it stands, the UK’s supply of high voltage (HV) cabling and high voltage direct current (HVDC) equipment looks likely to be in short supply for years or even decades to come, putting the country’s net […]
The strategy would identify the 50 most crucial medicines for life-saving treatment in the US, building on other, existing critical medicine lists. Furthermore, NIPTE intends to use artificial intelligence (AI) tools to optimize manufacturing routes for these drugs. “AI-assisted retrosynthetic analysis and reaction databases can be used to create potential routes to each regulatory starting […]
Reshoring appears to have gained broad traction. A December report from investment bank Harris Williams noted that 90% of North American manufacturers plan to bring at least part of their operations back to the continent in the next five years. The report showed that approximately 1.2 million manufacturing jobs have come back onshore since 2019. […]
Freight containers fill a port yard in Busan, South Korea. (Yonhap) South Korean companies accounted for the largest share of jobs created by foreign companies through direct investment in the US market. As global supply chain reorganization and accelerated overseas investment have significantly weakened the spillover effect of South Korea’s booming semiconductor exports on the […]
LYNCHBURG, Va. (WSET) — A local company specializing in circuit boards is making a big investment in the Hill City. Electronic Design and Manufacturing is expanding 11,400 square feet. With this is expansion, EDM plans to advance the city of Lynchburg into the technical age. SEE ALSO: ‘Really thrilled:’ Work continues to turn Bedford Middle […]
ClearBridge Investments, an investment management firm, released its first-quarter 2024 “Mid Cap Strategy” investor letter. A copy of the same can be downloaded here. Large-cap AI beneficiaries led markets in the first quarter, with the Russell 1000 Index returning 10.30%. Meanwhile, midcaps saw a boost from a wider market, with the Russell Midcap Index gaining 8.60%. […]
