The biggest threats of 2020:
In 2020, high-profile cybersecurity attacks have pushed cybersecurity stocks to all-time highs — including hacks on Twitter, Zoom and even a cybersecurity firm, FireEye.
But the worst of them all… On Dec. 13 it was discovered that Solarwinds, an IT management software with over 300,000 customers including the US government, had been hacked.
Biotech companies are pushing magic mushrooms from counterculture to main culture — in what could become the first legalized treatment of depression using psychedelics.
Investors are euphoric and psychedelic stocks have surged in 2020:
The second worst performing sector of 2020 has become the second best performing sector in the past month — Financial. Stocks. Are. Back.
Top-performing sectors over the past month:
Generation Z (Gen Z), those that are born between 1996 and 2016, makes up nearly a third of the global population.
According to a report released on November 10, 2020 called OK Zoomer by Bank of America — Gen Z’s income will overtake Millennials total income by the early 2030’s.
The power struggle continues between growth and value.
Growth stocks fell while value stocks soared on the news of positive phase 3 clinical trial results from two vaccine makers:
If you look very carefully and far into the horizon, you might find one a silver lining: a thriving biotech industry ahead of us. As a result of COVID, the biotech industry condensed years of innovation and drug development progress into months.
Biotech what? The biotech industry is in charge of developing drugs, performing clinical research and looking for the fountain of youth… in one form or another.