Diversified Digest: August 7
by: R. Samuel Fraundorf
Diversified Trust’s investment team brings you headlines of note for the week. Click on the links to access the articles.
Many of us with children and grandchildren may struggle to understand the influence their smartphones have on who they become. Unfettered access to almost anything can be a very scary thing and has impacted an entire generation.
The U.S. Treasury has a great deal on its shoulders to deal with and worry about. From the debt ceiling and maximum borrowings, to the balance sheet reduction it has signaled it plans to begin, The Treasury Has Issues.
Greg Ip at the Wall Street Journal had a nice take on impact of artificial intelligence. Just as Lotus 1-2-3 actually created more and better jobs than it destroyed, so too will it most likely be with the latest contributions from technology.
We continue to be fascinated with Elon Musk, and this last week was a good one for him. The initial release of the Model 3 seems to have delivered the goods, and Tesla delivered its first solar roofs.