The Rising Influence of Rising Affluence

[wow_happens28]

Follow the money or follow the media hype?

When I listen to the media, I feel that plant based food and wind-solar-EV's and bitcoin are where to invest. What does BIG money have to say about that?

Plant based>>>
Cargill and Continental Grain team up with 4.53B JV to buy poultry producer Sanderson Farms. Impossible and BYND both make plant based chicken. The "Plant Based Future" did not scare the 2 largest private food producers based in the US.

https://www.cargill.com/2021/cargill-and-continental-grain-company-to-acquire-sanderson-farms

Wind-solar-EV's
Bunge and Chevron JV with $1.2B invested($600M Chevron, BG a processing plant worth same) to "to help meet the demand for renewable fuels and to develop lower carbon intensity feedstocks". All electric they say?

https://www.world-grain.com/articles/15789-bunge-chevron-to-form-renewable-fuel-jv

New Strategic Partnership With Plug Power To Accelerate Hydrogen Fuel Cell Adoption.

https://fuelcellsworks.com/news/new-strategic-partnership-with-plug-power-to-accelerate-hydrogen-fuel-cell-adoption/

Toyota partners with ENEOS to explore a hydrogen-powered Woven City

https://techcrunch.com/2021/05/10/toyota-partners-with-eneos-to-explore-a-hydrogen-powered-woven-city/

Bitcoin --- No comment, never got into it.

OK, IMO, money can be made both way. Continental Grain has had big venture capital in Impossible Foods since 1917. Toyota is involved in electric cars. Bunge got into a big plant based deal in 8/20 with Merit corp. But very little media talk was about Hydrogen in the recent past. PLUG Power stock went from .99 in 2019 to $75.49 in January 2021, yes a pull back since the top.

I say follow the money, not the media. But some trends keep going for years. "The trend is you friend", but trends do end before the news tells you it ended. Except for the current bull market in the market averages. Many media personalities have called for the end of the current bull for more than 2 years now, lol

End of weekend musings. Thoughts, comments or new tricks to get me rich?