Sunday, January 28, 2018

Gigantic Economic Boom Approaching???

Update Jan 30
CNBC:The Dow Jones industrial average fell 177 points on Monday, on the back of a rise in the 10-year treasury yield, raising concerns that higher interest rates could douse the bull market. The Dow, along with the S&P 500, posted its worst decline of the year on Monday.
Long-dated Treasury yields climbed further on Tuesday, with the U.S. 10-year Treasury yield trading near levels not seen since 2014, amid fears of higher inflation. The benchmark yield started the year trading around 2.4 percent.
***Honestly, Trump looks crazy to me. But maybe he knows the system better than anyone else. Who could even predicted he could win the presidency.

Somebody needs to ask how deep and long lasting will the Boom become. You know, unfair trade packs, America First, big tax reduction, a falling dollar and more manufacturing in the USA. A gigantic defense buildup and a pretty big infrastructure. We really need a infrastructure 10 times size of the proposed one trillion dollar current one. How much new electricity and power plants will we need for the Boom???

Remember the utilities didn't get the size of the natural gas miracle for about a decade. They still don't want to know how much bigger there potential with NG growth will get. The utilities have a horrible time predicting future demand of electricity and the end of technological innovation.  

In  many economic booms the utilities never built out their system to keep up with demand. Will soon we get a historic spike in the demand of electricity?

This is in the shadow of the Summer nuclear plant. I am only positive with the nuclear plants if we meet demand with new plants. It is a waste of money spending money keeping the old dogs alive.     

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