Millennials grew up in a different world than the Baby Boomer and Gen X generations. Their experiences are very tech based but not dependent. They want what everyone wants – great service at the right price. Information is not the holy grail but rather knowledge and wisdom scrapped from that information. All companies need to learn about the younger generations perceptions of their products and services. They will have real buying power shortly. Read more...
Defense investing has changed. Military capability now depends as much on semiconductors and data centers as on traditional weapons systems. Frank Holmes, CEO of U.S. Global Investors, built the WAR ETF around capturing both dimensions—allocating to chips, cybersecurity, and aerospace. With global defense spending reaching $2.7 trillion and AI in defense projected to grow at 30% annually, the fund seeks exposure to the technological infrastructure reshaping modern warfare.
Rhode Island Governor Dan McKee is warming to the idea of a tax on the wealthy as one way to bolster the state’s resources after a turbulent year.