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The Retired Investor: A Highway of Opportunity
By Bill Schmick,
04:12PM / Thursday, April 15, 2021
Most Americans seem excited and hopeful about the prospects for the Biden Administration's infrastructure plan. Local politicians as well as their construction buddies are salivating at the possible promise of getting their share of this multi-trillion-dollar prize. But looking beyond the pork barrel, we might want to consider how innovation and technology could help America regain its first-class status in infrastructure.   As of 2019, the United States is ranked 13th in the quality of its infrastructure after countries like Singapore, Japan, Germany, and the United Kingdom among others. Of course, it may not be a fair comparison since the U.S. has to rebuild and

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@theMarket: Stocks Grind Higher as Bond Yields Retreat
By Bill Schmick,
03:56PM / Friday, April 09, 2021
April is usually a good month for markets. Historically, it is one of the three best months of the year for equities. We all know what happens in May ("sell in May and go away") but we will worry about that later.   Over in the bond market, the bond vigilantes may have started to doubt their conviction that inflation is a fait accompli and so yields must go up. This week, yields declined a bit, which gave a boost to some sectors (gold and silver, for example), while banks pulled back a little. But Friday's Producer Price Index report for March reversed that. PPI was up 1 percent versus expectations that were only half that, which brings the year-over-year gain

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The Retired Investor: Water Becoming a Rare Commodity
By Bill Schmick,
06:00PM / Thursday, April 08, 2021

America is running out of water. During the next 50 years, the nation could see its fresh water supply reduced by one third. But if you think that's a problem for the next generation, you are wrong. This year alone, as many as 83 out of 204 U.S. water basins could begin to feel the brunt of these shortages.

 And don't think these shortages will only affect those regions that we would expect to be dry. The central and southern Great Plains, the Southwest and central Rocky Mountain states, as well as the South, Midwest, and parts of California are all in danger. The twin culprits are rising temperatures and changing rainfall patterns brought on by climate change.

The

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@theMarket: Spring Has Sprung in the Markets
By Bill Schmick,
11:53AM / Saturday, April 03, 2021
New highs on the S&P 500 Index this week gave the bulls more ammunition to forge ahead. Leading the charge were clean energy, infrastructure, and technology stocks. Is this the start of another leg up for the equity averages?   Credit for the advance, in my opinion, was the increase in the rate of U.S. vaccinations (despite the uptick in coronavirus cases over the last week). Second were the actions of the Biden administration in moving rapidly to tackle the needs of the U.S. economy. Possibly even more important, at least in the long term, were their proposed efforts to address the dangerous widening of the income inequality gap in this country.   As

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The Retired Investor: Will Infrastructure Spending Boost Clean Energy Stocks?
By Bill Schmick,
01:21PM / Friday, April 02, 2021
Renewable energy stocks were all the rage last year. This year, however, not so much with clean energy funds taking hits of between 25-50 percent. Will President Biden's proposed $2.25 trillion infrastructure bill breathe new life into this sector?    President Biden ran on a platform that included the build out of an infrastructure plan that would "achieve net-zero emissions, economy-wide, by no later than 2050." By the time of his November election last year, investors had bid up the clean energy sector, which includes everything from electric cars, and clean water to solar and wind power, by over 200 percent in some cases.   New renewable

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