ESG funds
ESG investing means that traders put their money in companies that have a positive impact on the environment, society, and governance. Today, it is one of the most popular trends in the market. American analysts have recently discovered that during the pandemic, 19 out of 26 ESF funds showed even better performance than the S&P 500 index. Today, experts single out 3 large ETFs having great growth potential. They are iShares Global Clean Energy, Thornburg, and Vanguard ESG.
Video games industry
The gaming market ballooned in the wake of the coronavirus pandemic. This trend is expected to continue in the next several years. GlobalData analysts suggest that the annual revenue of the gaming sector will surge above $300 billion by 2025. Next year, both game developers and companies providing software for video games are forecast to show dazzling performance. American video game firm Take Two Interactive and cloud computing platform Amazon Web Services are named as the most promising companies in the gaming industry.
Cryptocurrencies
The recent launch of the first Bitcoin ETF in the United States boosted the value of the flagship cryptocurrency to $63K and brought it closer to its all-time high. In April, the digital asset broke a record, reaching the $64.8K barrier. Analysts say that if the coin updates its historic high any time soon, its value will rise steeply to $70K. If so, BTC is likely to skyrocket to $100K by the end of 2021 or in early 2022. Experts also see growth potential in other altcoins that top the rating by capitalization.
Gold
Gold has recently been traded in a narrow corridor, unable to break the $1,800 barrier. In 2020, however, the precious metal soared above $2,000 amid the pandemic. As soon as the economy started to recover, it reduced coronavirus risks, and with them, interest in the safe-haven asset faded. As a result, traders shifted their focus towards shares. Many analysts believe that such hype on stock exchanges may soon lead to a revaluation of assets and a subsequent correction. Then, demand for the precious metal will increase again. In addition, gold is likely to maintain upside potential until the US Federal Reserve starts monetary policy tightening.
Following his election victory, Donald Trump, a billionaire himself, once again decided to include prominent magnates in his administration, as he did during his first presidential term. As a result, Trump's current cabinet features seven billionaires, making it one of the wealthiest in US history. Let's find out who these billionaires are and the roles they have been assigned.
Not long ago, the United States held a presidential election, where Donald Trump emerged victorious. Today, he is recognized as the wealthiest American leader in the country's history. Let's take a closer look at other former US presidents who also achieved significant financial success.
