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Commodities and Genomes: Thane Stenner’s Take on 2024 Investment Decisions

Economic Insider Staff on September 13, 2024

By: Maya Williams

Smart investment decisions in 2024 look a little different. With the shifting economic landscape, it’s crucial to stay ahead, and this year into 2025, unique opportunities lie within commodities and genomes. As economic conditions evolve, investing in sectors like metals, energy, and biotechnology can offer significant returns.

Investors are seeing value in Global X Natural Gas ETF after a sharp decline in 2022 and in Global X Uranium ETF earlier this year. Similarly, the ARK Genomic Revolution ETF is catching the eye of savvy wealth advisors after a substantial drop, aligning with the belief in the growth potential of genomics. 

Senior Portfolio Manager & Senior Wealth Advisor Thane Stenner,  CIM®, FCSI® of Stenner Wealth Partners+ at CG Wealth Management Canada has experienced firsthand the effects of 2024 and the trends that may still be under the radar for many. His investors act on emerging market trends, such as the iShares MSCI Mexico ETF, which they sought after the market dip. Mr. Stenner unpacks and discusses his investment strategies and best practices involving selling overvalued assets, allowing timing and market awareness to guide these decisions. 

Current Economic Landscape

Understanding the economic landscape is essential when making investment decisions. Household debt in Canada is climbing. Many families have taken on large mortgages, car loans, and credit card debt. As interest rates rise, renewing a mortgage can mean higher monthly payments. This can put a strain on household budgets, making it harder to pay for everyday needs. 

“We may not see recession today, but that’s simply because it’s delayed,” says Thane Stenner.

“When we do see it, recession could become worse than what people think.” 

High household debt makes the economy more vulnerable. When families cut back on spending to pay down debt, businesses suffer, leading to slower economic growth. Simply put, Canada’s high household debt levels create a fragile situation. Families must balance their budgets, all while keeping an eye on their mortgage rates.

Recent economic indicators tell us a lot about the state of the economy. In recent months, insolvency rates have been climbing. More people are unable to pay their debts, leading to a higher number of bankruptcies. This is often a sign of financial stress in households and potentially a slowing economy.

The real estate market is showing signs of strain. Major cities are seeing a surge in condo listings but a decline in sales. Too many properties on the market can drive prices down, hurting homeowners looking to sell. Falling sales suggest that people are taking a wait-and-see approach, possibly due to uncertainty about the economy.

Opines Stenner, “The wall of debt requiring financing right now is not something we’re prepared for.”

These indicators paint a picture of an economy facing some challenges. High household debt and shifting real estate trends are areas to watch keenly for making informed investment decisions. By keeping an eye on these aspects, investors can better navigate the economic landscape and make more strategic choices.

Thane Stenner’s Take on 2024 Investment Decisions

Photo: Unsplash.com

Investment Strategies for 2024

Navigating the investment world in the rest of 2024 involves balancing risk with potential rewards. Understanding the right strategies can make all the difference between preserving wealth and achieving growth. Here are some key approaches to consider.

Adopting a low-volatility investment strategy can provide consistent returns while minimizing risk. This approach can be especially beneficial in uncertain market conditions. Unlike high-risk investments, a low-volatility strategy aims to offer steady and predictable returns. This makes it an excellent choice for those looking to preserve their wealth rather than make quick gains.

Investing in low-volatility assets can reduce the emotional stress associated with market swings. You won’t be constantly worrying about your investments losing value overnight. By focusing on assets that have historically shown low volatility, you can protect your capital. 

This is particularly important for retirees or those nearing retirement who can’t afford to lose significant portions of their investments. The low-volatility approach isn’t flashy, but it’s a tried-and-true method for those who prioritize stability and long-term wealth preservation over short-term gains.

Commodities and Genomic Investments

“In 2024, investors are keenly watching the commodities and genomics sectors for promising opportunities,” says Stenner.

Both areas offer exciting potential, but understanding the emerging trends and market outlook is crucial for making informed decisions. The genomics sector is buzzing with innovation. Cutting-edge technology and new research are driving this field forward at an astonishing pace. The popularity of CRISPR technology is skyrocketing. This tool allows scientists to make precise changes in DNA, opening the door to potential cures for genetic diseases. Companies involved in CRISPR research are catching the eye of savvy investors.

Tailoring medical treatment to individual genetic profiles is becoming more feasible. This trend offers potentially better outcomes for patients and is expected to boost the value of companies that specialize in genomic diagnostics and personalized therapies. Advancements in gene therapy, which involves inserting genes into a patient’s cells to potentially treat or prevent disease, are providing new investment opportunities. Successes in this area could lead to significant returns.

Artificial Intelligence is playing a growing role in genomics. AI helps analyze vast amounts of genetic data quickly and accurately. Companies leveraging AI are likely to see strong growth. As regulatory bodies become more familiar with genomics, the approval process for new treatments is becoming more streamlined. Faster approvals mean quicker returns on investments.

Commodities Outlook for 2024

The commodities market is poised for an interesting year. Various factors could influence demand and price movements. With a push for cleaner energy, natural gas is still a hot commodity. The Global X Natural Gas ETF, for instance, has shown promise after a significant price dip. 

Nuclear energy is regaining traction as a low-carbon power source. The Global X Uranium ETF is one to watch as investments in nuclear energy rise. Economic uncertainty often drives demand for precious metals like gold and silver. ETFs such as VanEck Junior Gold Miners and iShares MSCI Global Silver and Metals Miners are appealing options. 

The demand for these metals is expected to grow, driven by infrastructure projects and the green energy boom. Investing in companies that mine and refine these metals could pay off. Crop yields and climate change effects will influence the prices of wheat, corn, and soybeans. Watching weather patterns and geopolitical events can provide hints about price trends. Changes in trade policies and regulations can have a major impact on commodity prices. Keeping an eye on policy changes can help you anticipate market shifts and adjust your investments accordingly.

By staying informed of these trends and market outlooks, investors can position themselves to make smart, timely decisions in the commodities and genomics sectors.

2024 presents unique opportunities for investors, particularly in commodities and genomics. The fall of Global X Natural Gas ETF and Global X Uranium ETF provided deep value entry points. The ARK Genomic Revolution ETF also offers substantial growth potential despite its recent dip.

These investment strategies and actions highlight the importance of informed and timely investment decisions. As market conditions evolve, staying vigilant and responsive is crucial for maximizing returns. 

Thane Stenner, renowned for his experience in wealth management, has an impressive academic background that includes graduating with honors from Arizona State University and participating in Harvard Business School’s Executive Program. He is cross-border licensed with FINRA in the USA, and with CIRO in Canada, with clients based in San Francisco and the Bay Area as well as across Canada.

His professional journey has spanned several high-ranking positions at Morgan Stanley Wealth Management, including Managing Director and International Client Wealth Advisor, where he spearheaded portfolio management for ultra-high net worth clients. Stenner’s insights have been featured in multiple prestigious outlets like the Globe & Mail, Canadian Family Offices, and BNN Bloomberg.

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial advice. Readers are encouraged to conduct their own research and consult with qualified professionals before making financial decisions. Results may vary, and success stories shared are not indicative of guaranteed outcomes for all individuals.

 

Published by: Khy Talara

Greathouse Trial Law LLC Expands: Riah W. Greathouse Opens New Office in Atlanta

Economic Insider Staff on September 13, 2024

Riah W. Greathouse, Esq., a distinguished name in personal injury law, is making headlines once again with the expansion of Greathouse Trial Law LLC. The firm’s new office, located at 100 Galleria Parkway, Suite 1460, Atlanta, Georgia 30339, marks a significant milestone in Greathouse’s career and represents a new chapter for the firm. 

A Legacy of Excellence 

Riah W. Greathouse has built a formidable reputation in the legal community, driven by a dedication to providing exceptional client service. With a background that includes graduating in the top 10% of his class from Thurgood Marshall School of Law at Texas Southern University and gaining invaluable experience through internships with prominent judges, Greathouse has honed a deep understanding of the legal system. 

Since founding Greathouse Trial Law LLC, Greathouse has been committed to delivering personalized and empathetic legal representation. His impressive track record includes successfully handling over 5000 criminal and civil matters, achieving a notable success rate that underscores his expertise and dedication. 

Expanding Horizons 

The new Atlanta location at 100 Galleria Parkway is more than just a physical expansion; it’s a testament to Greathouse’s ongoing commitment to growth and client care. This new office will enable the firm to better serve its clients by providing a state-of-the-art facility designed to enhance both client interactions and internal operations. 

The move to this prominent address in Atlanta’s business district reflects Greathouse’s vision of broadening the firm’s reach and impact. The Galleria Parkway location will serve as a hub for providing comprehensive legal services and fostering deeper client relationships, reinforcing the firm’s reputation for excellence. 

A Commitment to Client-Centered Service 

Throughout his career, Greathouse has built a reputation for his unwavering dedication to a client-centric approach. This philosophy places the individual needs, concerns, and goals of each client at the forefront of every case, ensuring that they receive tailored legal solutions rather than a one-size-fits-all approach. His ability to listen carefully, assess unique challenges, and craft personalized strategies has been instrumental in his firm’s success, setting it apart in a highly competitive legal landscape.

The continued growth of Greathouse’s firm is a direct result of this commitment to understanding and addressing the specific circumstances of each client. Whether working with individuals, small businesses, or large corporations, Greathouse and his team go the extra mile to build lasting relationships, grounded in trust, clear communication, and a deep understanding of their clients’ objectives. This client-first mentality fosters a culture of transparency and reliability, ensuring clients feel valued and supported throughout the legal process.

In keeping with this personalized approach, the firm’s new office space is thoughtfully designed to enhance client interaction and provide an environment conducive to high-quality legal representation. The layout promotes collaboration, enabling Greathouse and his team to work closely with clients, ensuring that each case is handled with meticulous attention to detail. Modern meeting rooms and state-of-the-art technology facilitate seamless communication, both in person and remotely, allowing the firm to stay agile and responsive to clients’ evolving needs.

As the legal landscape continues to shift and client expectations change, Greathouse’s firm remains adaptable, using the new office space to further refine their services and maintain the high standards that have become their hallmark. By staying ahead of industry trends and embracing innovation, Greathouse and his team are well-positioned to meet the challenges of an ever-changing legal environment, all while keeping their clients’ best interests at the center of everything they do. This client-focused philosophy, combined with the firm’s forward-thinking approach, ensures that Greathouse will continue to provide exceptional legal representation well into the future.

Looking Ahead 

As Greathouse Trial Law LLC embarks on this new chapter, Riah W. Greathouse remains focused on his mission to provide exceptional legal services. The expansion to 100 Galleria 

Parkway is a strategic move that will enhance the firm’s ability to serve its clients and reinforce its standing as a leading firm in personal injury law. 

For more updates on Greathouse Trial Law LLC and Riah W. Greathouse’s continued efforts to deliver outstanding legal representation, follow him on Instagram (@riah_greathouse.esq) and (@greathouse_triallaw). Whether seeking expert legal advice or looking to learn from a leading figure in the industry, Riah W. Greathouse and his team are dedicated to making a positive impact.

 

Published By: Aize Perez

RENEW by Trinity Leads the Charge in Sustainable Home Goods

Economic Insider Staff on September 13, 2024

By: Michael Clark

As sustainability becomes an ever-growing priority for both consumers and businesses, one brand is standing out in the eco-conscious marketplace: RENEW by Trinity. By transforming discarded bamboo chopsticks into functional, elegant home décor, this forward-thinking company is setting a new standard for upcycling in the home goods industry. With an approach that blends environmental responsibility with high-end design, RENEW by Trinity is carving out a niche for itself in an increasingly competitive market.

In today’s economy, businesses are looking for ways to align themselves with sustainability, and consumers are more mindful of the environmental impact of their purchases. The demand for eco-friendly products is growing exponentially, and RENEW by Trinity has emerged as a leader in this movement by repurposing what would have been waste into valuable, stylish products for the modern home.

Upcycling for Profit: How RENEW is Innovating in a Competitive Market

What makes RENEW by Trinity unique is its ability to turn a common, overlooked waste product—single-use bamboo chopsticks—into stunning home furnishings. It’s a business model rooted in upcycling, which not only reduces waste but also taps into a growing consumer base that wants to support companies with environmentally conscious practices.

The process begins with sourcing discarded chopsticks from restaurants across North America. These chopsticks are then sent to The Chop Shop, RENEW’s Texas-based facility, where they undergo a rigorous cleaning and pressing process. Once sanitized and treated, the chopsticks are transformed into sleek, modern home products that are as durable as they are visually appealing.

“At RENEW, we’re committed to not only producing high-quality products but also reducing our environmental footprint,” says Cze-Chao Tam, CEO of RENEW by Trinity. “We’re taking materials that would normally end up in landfills and giving them a second life. This approach allows us to contribute to a circular economy, where waste is minimized, and resources are reused in creative and impactful ways.”

This approach has been particularly successful in attracting consumers who are increasingly aware of the need for sustainable living solutions. RENEW’s products, like the Gather + Graze Serving Board, which reclaims 265 chopsticks per unit, have become popular not only for their design but also for the environmental story they tell. Each piece comes with an engraved label detailing the number of chopsticks used in its creation, making it easy for customers to see their direct impact on reducing waste.

Why Sustainability is Good for Business

In today’s economic climate, sustainability isn’t just a trend—it’s a key factor driving consumer behavior. Research shows that consumers, especially millennials and Gen Z, are more likely to support brands that demonstrate a commitment to the environment. For RENEW by Trinity, this has translated into significant business growth as demand for its products continues to rise.

The company’s focus on sustainability is also appealing to investors who recognize the long-term value of eco-conscious businesses. With the global push toward reducing carbon emissions and minimizing waste, companies like RENEW by Trinity are poised to capitalize on the growing market for green products.

“We’ve seen a strong response from both consumers and investors,” says Tam. “Sustainability is no longer just a buzzword—it’s a key part of what drives the economy. People want to support brands that are making a difference, and businesses that can align their values with their products will be the ones that succeed in the future.”

By focusing on a simple yet effective upcycling model, RENEW by Trinity has not only created a profitable business but has also positioned itself as a leader in the green economy. The company’s products are made with non-toxic, food-safe finishes, ensuring that they meet high standards for both sustainability and consumer safety.

Expanding the Scope of Sustainability

As RENEW by Trinity continues to grow, the company is looking for new ways to expand its impact. While bamboo chopsticks are the primary material used in their products, RENEW is actively exploring other types of waste that can be repurposed into high-quality home goods. The company is experimenting with used coffee grounds, aiming to develop new processes that will allow them to upcycle this common waste product into functional and durable materials.

“We’re always looking for ways to innovate and push the boundaries of what upcycling can achieve,” says Tam. “Our goal is to find materials that are commonly thrown away and see how we can transform them into something beautiful and useful. We want to lead by example in the sustainable home goods industry, showing that there’s value in what most people consider waste.”

This forward-thinking approach aligns with broader trends in the global economy. As governments and corporations continue to push for more sustainable business practices, companies like RENEW by Trinity are well-positioned to take advantage of new opportunities. The company’s focus on reducing waste and upcycling resources not only helps the environment but also strengthens its position in an increasingly competitive marketplace.

RENEW by Trinity Leads the Charge in Sustainable Home Goods

Photo Courtesy: RENEW by Trinity / www.renewbytrinity.com

A Sustainable Future for Home Décor

Looking ahead, RENEW by Trinity shows no signs of slowing down. As the company expands its product offerings and explores new ways to reduce waste, it’s clear that sustainability will remain at the core of its mission. For consumers, that means more opportunities to buy high-end, eco-friendly products that fit seamlessly into their lives.

“We believe that sustainability should be accessible to everyone, and our products are designed to make it easy for people to make environmentally responsible choices,” says Tam. “At RENEW, we’re building a brand that not only reflects our commitment to the planet but also delivers on quality and style.”

In a world where consumers are more aware than ever of their environmental impact, brands like RENEW by Trinity are leading the way in sustainable innovation. By turning waste into a resource, RENEW is proving that eco-friendly business models can be both profitable and impactful.

For more information on RENEW by Trinity and to explore their collection, visit renewbytrinity.com.

Published by: Martin De Juan

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