| With the presidential just months away, one of the hottest topics will be infrastructure. Look at U.S. bridges, for example. Shortly after the Baltimore bridge collapse, we were reminded that another 42,000 bridges are in poor condition – even as 167 million vehicles pass over them every day, says the Associated Press. Unfortunately, it’s not just our bridges in need of desperate repair. According to the American Society of Civil Engineers (ASCE), which graded U.S. infrastructure with a C-, about 43% of our public roadways are in poor condition. There’s a water main break every two minutes, leading to the loss of about six billion gallons of water every day. But that’s not the worst part. Not only are we barely passing with a C-, we need $4.6 trillion worth of upgrades to just about everything. We need to fix just about everything, even the water supply. |
Stansberry Research
Confused Biden…
The videos of Biden looking confused and mumbling through every speech he gives are everywhere.
Which is why a lot of folks fear that, if he wins in November – Kamala Harris might become President.
Even though NOBODY – not even Democrat leaders – wants that to happen.
But that’s not what concerns me.
Because here’s an EVEN WORSE potential outcome than President Kamala.
| Consider this, for example. The U.S. needs $1.27 trillion over the next two decades to meet the growing demands for wastewater and safe drinking water. At the moment, the U.S. alone consumes 42 billion gallons of treated drinking water every day. Yet, six billion gallons are lost because of leaking pipes. Worse, according to the ASCE: The cost of deteriorating infrastructure takes a toll on families’ disposable household income and impacts the quality and quantity of jobs in the U.S. economy…. From 2016 to 2025, each household will lose $3,400 each year in disposable income due to infrastructure deficiencies On top of that, a lack of progress in infrastructure repairs could cost U.S. GDP $3.9 trillion by 2025. Businesses could lose $7 trillion by 2025. More than 2.5 million jobs could be lost. All thanks to poor roads and airports, an aging electrical grid, and higher costs for businesses, which are passed to families and workers. |
Stock Earnings
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| Company: Vulcan Materials (SYM: VMC) One way to trade the news is with Vulcan Materials (SYM: VMC), the company produces and sells construction aggregates, asphalt mix, and ready-mixed concrete primarily in the United States. All of which is required to upgrade ailing infrastructure. Technically, VMC is oversold at double bottom support at $247. It’s also over-extended on RSI, MACD and Williams’ %R. From its last traded price of $247.44, we’d initially like to see VMC retest $256.61 resistance. Better, as we wait for VMC to recover, we can always collect its current dividend yield of 0.74% at the moment. |
Financial Markets Daily
NYSE biotech company’s drug could be as revolutionary as penicillin!
As biotech stages a big comeback, one NYSE-traded company looks well-positioned to be a market disruptor with nontoxic, effective antiviral therapies based on patented nanomedicine technology.
Get the ticker here.
