“Ten years from now, we’re going to have robotic surgeons disrupting the medical industry,” says Vivek Wadhwa, an Indian-American academic who has been closely following macro trends.
To kick off today’s news, we highly suggest this breakdown of disruptive trends occurring in the global markets today! How are 3D printing, Crowd Lending, and Human Genome Sequencing going to affect the economy in the coming decades?
According to Vivek, when you understand the macro trends, it can help you make smarter investing decisions. Vivek’s report also includes some very interesting points on the falling prices of Solar Energy, and the challenge it will raise for the Energy Industry. Lastly, don’t miss out on the new opportunities borne out of vertical farms, and unlimited clean water resources. It’s all summed up in the video above.
Things You Need to Know about Alibaba
After opening at $89 per share on September 28th, only three months ago, BABA stock peaked at 119 on November 10th. Since then, the asset has been hovering between 100 and 110, and analysts are beginning to carefully analyze whether the BABA hype has died.
So, if you’re thinking of trading BABA-style, you may be interested in understanding a bit more about Alibaba’s sources of revenue. The Paypal of China is Ali Pay, a division of Alibaba which currently accounts for over 50% of digital payment transactions in China.
Furthermore, after a remarkably successful initial public offering, there has been talk in financial circles that Alibaba is considering to buy out Xiami, one of China’s most successful smartphone makers. Stay tuned.
AUD/USD Hits 4.5-year Low
The Australian Dollar has experienced a horrendous month against the US Dollar. Analysts are attributing the AUD’s weakness to falling Iron Ore prices. As a leading exporter of Iron Ore, Australia’s currency is currently at its lowest since June 2010.
Meanwhile, in USD News, the September quarter showed a GDP growth of 5 percent for the US economy. This rate of growth is the highest the US has experienced in eleven years! With good news from America, and bad news from Australia, that wraps up today’s news. Check back in tomorrow!
