DID YOU KNOW? It is illegal on 75% of the residential land in many American cities to build anything other than a detached single-family home. Today, the very density that the court scorned in the past as unhealthy is viewed by environmentalists as an antidote to sprawling development patterns that feed gridlock and auto emissions. It’s viewed by planners as an essential condition to support public transit, and by economists as the best means of making high-cost cities more affordable. Expect zoning changes across the USA soon....(NY TIMES)
DID YOU KNOW? The 5G network is coming! 5G will be able to handle 10,000 megabits per second (Mbps.). That's 100 times faster than 4G (What we have right now) on its best day. The global 5G market is expected to grow from $54 billion in 2020 to more than $123 billion by 2025. It’ll more than double in just 5 years! Look out for the next wave of wealth....the "5G BILLIONAIRE"?
DID YOU KNOW? Logistics spending - on transportation, inventory-carrying costs and other shipping-related expenses - as a share of GDP reached its highest level since 2014 in 2018, with US businesses pending a record $1.64 trillion on logistics in 2018, up 11.4% from 2017 and accounting for 8% of GDP. Economic growth is expected to slow in the second half of 2019. (WSJ)
DID YOU KNOW? The U.S. Fed concluding its latest 2-day policy meeting today is expected to leave interest rates on hold but flag whether it plans to cut rates later this year as expected. (Reuters)