Word: ahead
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...energy and the green economy as an enormous business opportunity, the next big thing for the economy. If we don't move to address energy and climate as two side of the same coin we will lose out. Our economy will lose those jobs to countries that are moving ahead. The clean energy revolution is coming...
...good news. The VIX is interpreted as a measure of volatility in a certain sense, but it more accurately measures fear rather than volatility. That is why the VIX is important to the average investor: it is a sign of uncertainty. So a falling VIX may portend better times ahead. (See pictures of the top 10 scared traders...
...followed quickly by unexpectedly poor numbers from the Conference Board which said that its index of leading economic indicators fell .3% in March. The Board was probably reluctant to say what it had to, which is that the index is designed to forecast economic activity six to nine months ahead. That news crumpled the hopes of many that the fourth quarter could be the period when the water of the recession would begin to recede...
...That said, there are many auto-industry executives who maintain that the hype has gotten well ahead of reality. There is no infrastructure, in the form of battery-charging stations, to support pure electric models. Electric cars now coming to market are also expensive, costing more than $20,000 even with the subsidy, a stiff price in a country where the annual average income is less than $10,000. That's part of the reason that BYD, since introducing a hybrid electric in December, has sold just 80 of them. CEO Wang Chuanfu expects that BYD will lower the price...
...happen here than in the United States," says the Japanese executive. China's car companies are at a technological disadvantage when it comes to making internal-combustion engines, but the playing field for all-electric vehicles is very nearly level. With a concerted push, the Chinese could leap ahead of the rest of the world. Reilly agrees that Beijing means what it says about boosting the technology. For that reason, he says, "we ought to be very serious about our competitors here in China...