Want to get in on the “green” energy movement, but not sure where to put your money?
To paraphrase the classic movie “The Graduate,” I have one word for you to think about: batteries.
From electric cars to storing solar energy, batteries will play a big role in the new world of energy resources.
The problem is the battery or batteries that will help solve the energy problem probably haven’t been invented yet. At least, the advanced designs needed to make alternative energy work.
The batteries will need to be:
- Light weight
- Long lasting
- Quick charging
- Recyclable
- Affordable
- And more
Who makes or will make this battery?
Answer that and you are on the ground floor of the next Google.
Despite a healthy bounce on Wednesday, the stock market is far from on the road to recovery.
The markets are desperate for any good news and even the little they got Wednesday (lower oil prices and some decent earnings news) is enough to trigger a brief rally.
Unfortunately, the basic reasons for the market’s bear mood haven’t gone away:
- Oil is still in the stratosphere
- The credit crisis hasn’t hit bottom (which will hold down any housing recovery)
- Inflation is climbing at an alarming rate
- The economy has slowed to a crawl
We are on the verge of
stagflation, which is a period of high inflation and a failing economy.
There aren’t many good alternatives in the near term except to work through this period and hope the economy can rebound sooner, rather than later.