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Wednesday, June 30, 2021

Republicans go all-in on immigration as a political weapon - POLITICO

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Kristi Noem is sending the South Dakota National Guard to the U.S.-Mexico border. Florida’s Ron DeSantis is providing law enforcement officers. Greg Abbott is vowing that Texas will build its own wall.

With Donald Trump and a dozen House Republicans joining Abbott on the border on Wednesday, the GOP is loudly signaling its conviction that immigration will be a potent political weapon ahead of the midterm elections and presidential primary in 2024.

“As an issue, I can’t think of one that’s better,” said Jeff Roe, a Republican strategist and top adviser to Texas Sen. Ted Cruz’s presidential campaign in 2016. “One day they’re erecting a wall to keep illegal immigrants out, and the next day it’s 180,000 people coming across the border. It’s incredible. It’s just enigmatic of Biden’s failure … I mean, what the f--- is going on?”

Five years after Trump rallied Republican primary voters with his chants of “Build that wall!” the election of a Democratic president coupled with the recent increase of migrants from Latin America has afforded Republicans a new opening on border security. It’s gaining traction in advertising in Republican campaigns across the country, and it has turned the southern border into a destination for candidates seeking to burnish their conservative bona fides at home.

“It’s off the Richter scale in terms of importance for the Republican electorate,” said John Thomas, a Republican strategist who works on House campaigns across the country. “It transcends jurisdictions. So, it goes from the suburbs of Orange County to statewide in Nevada … It’s even going to be included in a judicial race I’m doing in Fort Worth.”

Republicans have reason to be optimistic about the potential of immigration as a voting issue — and a potential point of weakness for the Democratic Party. In a Harvard CAPS-Harris poll this month, voters rated immigration just behind the economy and jobs on issues of importance, a finding in line with Republicans’ internal polling. Biden’s approval rating on immigration is still above water at 52 percent, according to the poll. But that’s a weaker endorsement of Biden than on any other subject measured, from the economy to crime and response to the coronavirus.

A Morning Consult survey last month suggested Democrats may be on even shakier ground, with disapproval of Biden’s handling of immigration outpacing approval 48 percent to 42 percent.

Whit Ayres, the longtime Republican pollster, called immigration “one of the top three vulnerabilities of the administration.” Dave Carney, the Republican strategist who advises Abbott, described the Biden administration’s management of the border as a political “gift,” while Shawn Steel, a Republican National Committee member from California, predicted immigration and crime will be the “twin drivers” of Republicans’ midterm campaigns.

“Democrats couldn’t have asked for worse timing,” Steel said. “It’s the volume, it’s the lack of control … You’re seeing a border that wasn’t even an issue in 2020 coming to the forefront.”

Nowhere is the issue more resonant than Texas, the border state where Trump appeared Wednesday beside Abbott, with the former president accusing Democrats of either being “incompetent” on border security or favoring “open borders.” Customs and Border Protection reported more than 180,000 migrant encounters at the border in May, up from about 23,000 in the same month in 2020, during the coronavirus pandemic, and about 144,000 in May 2019.

Before Trump’s visit, the RNC bracketed Vice President Kamala Harris’ visit to the border at El Paso last week with mobile billboards criticizing the “Biden-Harris Border Crisis,” and a newspaper ad in McAllen, a border city of more than 140,000 people, painted Rep. Vicente Gonzalez (D-Texas) as complicit in what it called Biden’s “open borders agenda.” In a state whose electorate ranks immigration and border security above even the economy and the coronavirus as the most important problem facing the state, Republicans believe Democrats are especially vulnerable on the issue.

But GOP spending patterns suggest immigration resonates far beyond Texas or other border states. In Ohio, former Rep. Steve Stivers aired ads this month endorsing state Rep. Jeff LaRe to succeed him, pairing video of border wall construction with a promise that LaRe, among other reasons to elect him, would work to “strengthen our borders.” In Pennsylvania, Republican Jeff Bartos, a real estate developer running for the state’s open Senate seat, is putting out list-building digital ads asserting the state’s taxpayers “shouldn’t foot the bill for Biden’s Border Crisis.”

“There’s a reason why Trump got elected,” said Carl Fogliani, a Republican strategist based in Pittsburgh. “It’s the dominant issue. It’s obvious.”

In Arizona, Republican Jim Lamon, a businessperson running in the 2022 campaign to challenge Democratic Sen. Mark Kelly, aired TV ads this month featuring footage of immigrants jumping border barriers — a throwback to the controversial, grainy footage of immigrants streaming across the U.S.-Mexico border that then-California Gov. Pete Wilson employed in his 1994 re-election campaign.

A similar digital ad campaign by the Federation for American Immigration Reform, which favors reducing overall immigration, is even more explicit, employing the same opening line as Wilson used in his infamous ad: “They keep coming.” The ad is running in 20 markets, according to the group, targeting Democratic lawmakers for “encouraging illegal immigration,” a claim Democrats deny. Republicans believe the issue works in their favor not just in districts near the border, but in competitive races everywhere, lumping it in with broader law and order concerns.

There is a risk that Republicans might go too far. Wilson’s messaging around immigration in 1994 — including with his championing of Prop. 187, the initiative to restrict services to undocumented immigrants — was widely seen as contributing to the Republican Party’s decline with Latino voters in the 1990s and early 2000s. In 2018, Republicans pleaded unsuccessfully with Trump ahead of the party’s midterm shellacking to focus less on the border and more on the economy. And two years later, it was not immigration, but Trump’s working-class economic message, that helped him to make marginal gains with Latino voters.

“Trump had literally created a roadmap of incremental gains with Hispanic voters by not being racially aggressive and by leading with economic populism, and now you have the Republican Party backtracking on it,” said Mike Madrid, a Republican strategist who was a co-founder of the anti-Trump Lincoln Project before stepping down in December.

In the party’s current push on immigration, he said, “They risk losing whatever incremental gains they made with Latino voters that will be necessary to hold the House ... Instead of talking about economic populist messages, which Trump did to marginal success in 2020, they’re choosing a 2018 model instead of a 2020 model. It doesn’t make sense.”

The Biden administration has said Trump’s immigration policies were both ineffective and inhumane. Harris said at the border last week that the administration is focused on “root causes” of migration, including violence and lack of economic opportunity in other countries, and during a trip to Guatemala this month told migrants directly “do not come” to the border. And many Republicans acknowledge that Trump’s harsh rhetoric about “rapists” and “criminals” crossing the border was unhelpful in the midterm elections.

For that reason, having Trump at the border this week might not ultimately benefit the party. But there is widespread agreement among Republican strategists that the issue of immigration itself will.

In 2018, Thomas said, Republicans paid a price for Trump’s rhetoric with voters who “were concerned about the way he framed the issue and vilified immigrants.”

Without Trump in office, Thomas said, “There’s not a figurehead at the top who is using inflammatory language that might turn off those voters that actually do want border enforcement but don’t want the vilification of human beings.”

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NASCAR teams navigating chaotic charter market ahead of 2022 - North State Journal

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FILE - In this Saturday, June 5, 2021, file photo, car owner Matt Kaulig gestures in Victory Lane after A.J. Allmendinger won a NASCAR Xfinity Series auto race at Mid-Ohio Sports Car Course in Lexington, Ohio. JR Motorsports has had initial conversations about taking its team to NASCAR's top level, a step up to Cup that would be much smoother if it could get its hands on a charter. Two charters went off the board earlier this month when Kaulig Racing purchased a pair from Spire Motorsports, a team that bought low and stockpiled when potential owners had little interest in NASCAR. (AP Photo/Tom E. Puskar, File)

CHARLOTTE — JR Motorsports has had initial conversations about taking its team to NASCAR’s top level, a step up that would be much smoother if it could get its hands on a charter.

A charter is essentially the same as a franchise and the 36 that exist guarantee a spot in the 40-car field each week and a larger slice of the money NASCAR contractually owes its participants. Two charters went off the board this month when Kaulig Racing purchased a pair from Spire Motorsports, a team that bought low and stockpiled when potential owners had little interest in NASCAR.

Interest has exploded with NASCAR scheduled to debut a new, cost-friendly car next season. Three new teams entered the Cup Series this season and Kaulig’s pending move from Xfinity to Cup caused the price of charters to skyrocket.

How high?

“I heard $10 million, is that what you heard?” JRM co-owner Dale Earnhardt Jr. told The Associated Press. “I’m not paying that.”

How much Matt Kaulig paid Spire is protected in a non-disclosure agreement, but a day after the sale the racing industry was abuzz amid speculation that the current price for charters starts at eight figures.

Spire in 2019 told the AP it paid $6 million one year earlier for its first charter, bought from championship-winning Furniture Row Racing. At the time of purchase it was one of the most valuable charters in the sport because NASCAR’s payout structure awards a higher percentage of money to the top-performing teams.

The owners of some smaller teams cashed out last year and few think they got anything like $6 million. Of course, few predicted the market would explode headed into 2022 with the Next-Gen car on the way.

“You have to pay to play, that’s just the way the system works. In the NFL, you have to buy a franchise,” said Matt Kaulig, who in six years in NASCAR built a competitive Xfinity Series team that will now move to the big leagues.

But why would Kaulig, founder of the parent company of LeafFilter and Leaf Home Safety Solutions, agree to pay so much?

“Because he wanted them right now,” Earnhardt said. “I don’t have a business, I don’t have a foundation like he does to be able to make that kind of move. We’re a race team that functions off itself so we have to be a little more clever.”

Trackhouse Racing finds itself in the same position as it looks ahead to its second season of Cup competition. Team owner Justin Marks said he lost out on three charters last year; he ultimately leased a charter from Spire to guarantee Daniel Suarez could race each week.

The system rules prohibited Marks from leasing the same charter two consecutive seasons so he is scouring the market to buy.  Marks made clear that he won’t overpay for a charter.

Spire co-owners Jeff Dickerson and T.J. Puchyr both said Marks knew they were taking offers and moved on without him. Spire plans to field a full-time Cup car next season for Corey LaJoie with its remaining charter but also said the team is right back in the market trying to acquire others.

“Look, they’re running a business. That’s the way they need to run it,” Marks said. “The charter journey has been that. It’s been a journey. It’s an interesting time in the history of the sport with this charter economy.”

Marks is part of a crowded field of prospective buyers. Denny Hamlin launched 23XI Racing this season with Michael Jordan and didn’t pay the $6 million for a charter that Spire did two years earlier. Now the team wants to expand to a second car and Hamlin isn’t sure if he’d add another team to 23XI without a charter.

He also isn’t convinced the market was set at $10 million-plus by Kaulig.

“If it is, we made a hell of an investment last year,” Hamlin said. “We’ll see.”

There are four “open” spots in the field each week for teams that don’t have charters. The risk is that an open team won’t make a race — Suarez drove for a team that did not have a charter in 2020 and missed the Daytona 500 — and won’t get a cut of guaranteed NASCAR money.

Marks has done the math and figures Trackhouse can run without the charter. With the Next-Gen coming, Marks predicts there won’t be enough cars built in time for Daytona in February for more than 40 entries to show up. Marks also said the return on investment for a charter won’t cover the purchase price. Hamlin agreed.

“The model still requires you to put significant sponsor dollars on the car if you want to compete,” Hamlin said. “If you just want to ride around, then that’s a whole different business model. If you want to compete, it still requires you to get eight-figure plus, plus sponsor money in order to compete with the guys that have businesses that can put their thumb on you at any time.”

Hamlin said he wasn’t in a hurry to spend, either.

“There are many people with their hand on the panic button, but theirs is much closer than mine is to it,” he said.

JTG Daugherty Racing has two cars but only one charter and yet Ryan Preece, who drives the open car, has not missed a race this season and earned a spot in the Daytona 500. Preece is a free agent at the end of the season and not worried about charters.

“My job as a driver is to go out and do my job,” Preece said. “What you’re expected to do as a driver is to win races or maximize. That is what I can do.”

Notes: NASCAR could repossess a charter from Rick Ware Racing, since the series is allowed to do so if a team is among the three worst charter teams in owner points for three consecutive years. Rick Ware has three charters outright and the No. 51 charter is owned by Richard Petty Motorsports but fielded as a fourth RWR car.

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This market trend suggests a weak summer, but Ally Invest has a message for investors: Don't get discouraged - CNBC

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Despite an upbeat market forecast for the year's second half, Ally Invest's Lindsey Bell has a warning for the next few months.

Bell finds the third quarter is usually the weakest time of the year, up 0.7% on average since 1950.

However, she suggests it's no reason to get discouraged.

"The fourth quarter is where you usually see the pickup," the firm's chief investment strategist told CNBC's "Trading Nation" on Wednesday.

Her forecast comes with the S&P 500 ending 2021's first half at all-time highs. So far this year, it's up more than 14%. Plus, the index is on a five-month win streak.

What could spook the market near term? Bell says headline risks associated with Federal Reserve policy.

"Investors have been skittish. They have gotten a little bit nervous about this topic in general," said Bell, a CNBC contributor. "What we have seen is that the Fed raising rates has contributed to a peak in the stock market over different periods of time."

Yet, Bell calls herself "cautiously optimistic" and expects Wall Street to effectively work through potential jitters.

"The peak in the stock market doesn't typically happen when the Fed begins its rate-tightening process," she said. "You shouldn't be too worried about the Fed tightening anytime soon. But they will be coming probably next year or the year after."

For the next six months, Bell prefers to continue using a barbell approach to investing. She wants equal weights of growth, including Big Tech, and economically sensitive stocks.

Bell predicts earnings per share and GDP growth projections will continue to grow in the second half and support the market. She also sees a world where tech stocks get a strong bid due to a slowing in the economic recovery.

"It could be an area where investors start to turn to put their money simply because growth is expected to peak in the second quarter," Bell said.

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LegalZoom shares jump 35% in market debut; CEO sees further opportunity in online legal services - CNBC

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In this article

LegalZoom made its market debut Wednesday, with shares opening 31% above their offer price in the company's second attempt at going public.

The online legal platform was valued at over $7.5 billion as shares soared as much as 38%. The stock closed up 35.18% at $37.85 per share, putting LegalZoom's market capitalization at $7.35 billion.

The stock opened at $36.75 per share after an initial public offering price of $28 each. The firm sold about 19.1 million shares at that price Tuesday night, raising about $700 million.

LegalZoom provides legal and compliance solutions and operates across all 50 states and more than 3,000 counties in the U.S.

"I'll just start by saying, you know, our mission is to democratize law," LegalZoom CEO Dan Wernikoff told CNBC on Wednesday. "The market itself is extremely large" for legal services, around $50 billion, he said.

"When you think about legal services, 8% of our services are delivered online versus other categories, like accounting, where you see much more adoption of online solutions," he said. "That's the opportunity that's in front of us and when we get really excited."

The firm had previously filed for a stock market listing in 2012, but withdrew it in January 2014. Four years later, LegalZoom was valued at $2 billion after Francisco Partners and GPI Capital made a $500 million investment in the firm.

In a "TechCheck" interview, Wernikoff said the company tries to meet customer needs in a cost-effective way, especially for small businesses. 

"Today you only have a couple options. You either have a very low-cost solution which doesn't provide any guidance, or you have to ... pay for an expert and you're worried about the time you're spending with the expert," Wernikoff said. "We try to get right in the middle of those two opportunities and use technology really to make the expert that much more efficient."

LegalZoom just one of many companies making their public debuts Wednesday, including Chinese ride-sharing company Didi, biometrics screening company Clear, digital ad firm Taboola and cybersecurity firm SentinelOne.

— Reuters contributed to this report.

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Joe Biden's stock market is way ahead of Wall Street expectations - CNN

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The index, the broadest measure of the US stock market, is up more than 14% in 2021, and just a couple of points below the 4,300 mark — a target Goldman Sachs (GS) had set for the end of the year.
The Nasdaq Composite (COMP) is also near record highs, albeit closing down 0.2% on Wednesday. For the year, the index has advanced nearly 13%.
That leaves the Dow (INDU) as the relative laggard of the three: it last hit a record high at the start of May. Nevertheless, the index is also up nearly 13% and continues to inch toward the 35,000 mark. The Dow closed 0.6%, or 210 points, higher on Wednesday.
All three indexes are looking at their fifth consecutive quarter of gains, the longest winning streak since 2017 for the S&P and the Dow and the longest since 2018 for the Nasdaq.
The small-cap Russell 2000 (RUT) index is doing even better, up nearly 18% this year.
Neither worries about tax hikes, nor inflation jumps can stop Wall Street from rallying. So what's next for this bull market?
"As we begin the third quarter, the attention [is] once again on lifting of lockdown measures around the world versus growth of new variants of Covid-19, especially the most infectious, Delta," said Fawad Razaqzada, market analyst at ThinkMarkets. But he noted that overall sentiment is very positive given the S&P is posting record highs.
Even though vaccination rates continue to rise, the spread of a new and more infectious variant of Covid could still jeopardize the reopening of the economy.
"We're still stuck in a market that doesn't seem to want to go anywhere fast," said JJ Kinahan, chief market strategist at TD Ameritrade (AMTD), in a blog post. "Part of that could reflect the tug of war between value and growth right now. What that really comes down to is the tug of war between whether inflation is transitory — as the Fed calls it — or real."
Even though the inflation fears that gripped the market periodically during the first half of 2021 have dissipated for now, prices are still rising and the Federal Reserve can't ignore that. The central bank continues to say that price hikes are only temporary as the economy emerges from the pandemic. But plenty of investors and economists worry if that will hold true.
In the end, only time will tell, Razaqzada said, but there is some reason to think inflation will settle back down: Commodity prices are falling.
"In terms of how risk assets will behave, a lot will depend on the path inflation will take in Q3, as central banks have become data-dependent," Razaqzada added.
Earlier this month, the Fed's projections showed interest rate increases coming in 2023, although some central bank officials forecast rate hikes next year.
For investors, this means to keep a close eye on economic data over the rest of the summer. But there are other items to focus on as well.
"For the next few months we're going to need to follow tech's lead," Kinahan said about the general market direction. "The FAANG stocks started to lead the way, are they strong enough to bring everybody along for the ride."
Microsoft (MSFT) and Apple (AAPL) look especially good because they're attractive to people looking for different things from their investments, Kinahan said: "they get the growth stock play on the upside and the safety play on the downside. They're Goldilocks stocks right now, in my opinion."

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Stock Market Posts Second-Best First Half In 23 Years—With S&P 500 Hitting New High - Forbes

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Topline

Stocks ticked up around the world Wednesday, ending the first half of the year with the S&P 500's fifth-straight day of record highs as technology companies continue to post impressive gains while industries hard hit by the pandemic stage eye-popping recoveries.

Key Facts

Climbing 0.1% Wednesday, the S&P has jumped 16% this year—faring much better than the index's 7% decline during last year's first six months and pulling off the second-best first-half performance since 1998, behind only 2019's 17% gain.

After crashing last year, energy stocks continue to head up the index's gains, with top-performer Marathon Oil up nearly 100%, while Diamondback Energy, Occidental Petroleum and Nucor have all jumped at least 78%; 6 of the S&P's top 10 stocks this year are in the energy sector.

The financial sector is the year's second-best performing in the S&P (up 24%), while real estate and communication services follow closely behind—climbing 23% and 19%, respectively.

Despite recently underperforming, the Dow Jones Industrial Average also edged higher Wednesday, jumping 200 points, or 0.6%, to close at 34,502—less than 1% shy of an early May high and up 14% since last year.

The tech-heavy Nasdaq, on the other hand, ended the day down 0.1%, but it's still up more than 14% this year and hit its latest high Tuesday.

Crucial Quote 

“There’s more than a hint of Goldilocks in the near-term," Nigel Green, the CEO of $12 billion advisory DeVere Group said in a Wednesday note. “The continuing robust economic growth in major economies, strong corporate earnings, ultra-low interest rates and a sleeping bond market, all mean that investors will keep piling into equities, topping up their portfolios to build wealth." 

Contra

"Thanks to the strong start to this bull market, stock valuations have become a widespread concern," LPL Financial analysts wrote in a note this week, forecasting the S&P will only climb about 3% higher in the second half of the year. "After a big rally, more optimism is priced in, and that higher bar then opens the door to disappointment."

What To Watch For

A slew of economic data and corporate earnings reports are due out in the coming weeks and will surely test the bull market’s strength. The June jobs report is slated for release Friday, and the Federal Reserve will release minutes from its upcoming Federal Open Market Committee meeting next Wednesday. The following week, second-quarter earnings season gets started with results from Goldman Sachs, JP Morgan and PepsiCo on July 13. 

Key Background

Though energy and financial stocks headed up the market at the start of this year, technology stocks have also bounced back after underperforming this spring amid accelerating economic growth and the threat of rising interest rates. Those fears spurred a stock market rotation away from growth stocks (like those in tech) to cyclical and value-leaning slices of the market that struggled during the pandemic (like energy and financials). In recent weeks, however, Federal Reserve officials have made it clear the Fed isn't looking to hike interest rates anytime soon.

Further Reading

S&P 500 Nabs Another Record High As Morgan Stanley, Goldman And Chipmakers Soar (Forbes)

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Is the Stock Market Headed for a Crash After Its Second-Best First Half Since 1998? What's Next. - Barron's

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Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.

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The S&P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.

With June coming to an end, the S&P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.

The market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.

The combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and cause stocks to tumble. Others worry that U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.

For those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.

Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.

Even the losses, when they occurred, weren’t all that bad. The S&P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.

The one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&P 500 dropped 20% in one day, still a record loss. While selling linked to so-called portfolio insurance was ultimately blamed for the size and speed of the loss, the second half of 1987 was a period of rising bond yields and high stock-market valuations, just like the first half of 2021.

Still, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank Cappelleri, chief market technician at Instinet. 

That 6.3% average second-half rise would push the S&P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.

For now, at least, the path of least resistance is higher. 

Write to Jacob Sonenshine at jacob.sonenshine@barrons.com

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‘We can’t escape the politics’: Biden and DeSantis’ fragile détente tested - POLITICO

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MIAMI — A disaster had just struck. Dead bodies were being recovered and people were homeless. But political opportunists didn’t care about that. They were angry that a Republican governor was putting politics aside and working with a Democratic president.

The year was 2012. Hurricane Sandy had just devastated New Jersey. And the top adviser for then-Gov. Chris Christie was shocked by the calls from donors infuriated that his decision to work with Barack Obama was handing him a win just a week before the president’s reelection.

“It was so infuriating. People were saying, ‘How can Christie be doing that?’” said Mike DuHaime, who advised Christie’s successful gubernatorial campaigns and his unsuccessful 2016 bid for president. “Clearly, people of this state thought he did the right thing. Christie got reelected with 60 percent of the vote in a blue state. But years later, Republicans in Iowa didn’t like it.”

That episode serves as a stark reminder of how partisan politics can imbue even basic government responses to a disaster, a phenomenon that has renewed relevance in the wake of a new tragedy in Florida, where the terrifying collapse of the Champlain Towers South condominium in Surfside may have cost 140 lives or more.

On Thursday, Democrat Joe Biden will make his first trip to Florida as president to meet with the families of the dead and missing. He will likely appear beside Florida’s Republican Gov. Ron DeSantis, seen as a top-tier potential presidential candidate who might challenge Biden’s reelection in three years. Insiders in both administrations say they’re focusing on the crisis in Surfside, not on scoring political points.

But regardless of how the governor, president and staffs comport themselves, there are political pitfalls and consequences that have lasting electoral effects, as the 2012 relationship between Christie and Obama showed. Although the scope and scale of the two disasters are utterly different — Sandy killed fewer people than died in Surfside, but the storm caused wider devastation necessitating much more federal aid — the partisan political considerations are similar: Should DeSantis appear with Biden? Should they shake hands or even hug? If either man uses the occasion to make a political argument, how should the other respond?

“The irony was people were calling saying [Christie] should put politics first, not his constituents: Put politics first, don’t appear with the president, don’t ask for help,” recalled DuHaime.

The White House and Florida governor’s office in Tallahassee are in talks to figure out each man’s schedule and whether and how each man will appear together on camera — essentially, what political professionals call the “optics” of such visits — at the same time the agencies under them are coordinating their response. DeSantis isn’t expected to greet the president at the airport, as Christie did in 2012, according to those familiar with DeSantis’ thinking.

“The likeliest scenario is the president, the governor, the head of FEMA and the mayor examining the site together or meeting with first responders on scene,” said one source familiar with the discussions between Tallahassee and Washington who was granted anonymity to speak freely.

“The fact is, we can’t escape the politics and the knowledge that, especially as time passes and the context of the disaster change, people rewrite history,” the source added, noting that there’s another complication for the governor: former President Donald Trump, a close ally of DeSantis who is still bitterly opposed to Biden after losing election in November and is scheduled to hold a Saturday rally in Florida.

Another factor in the discussions are the vastly different personalities of Biden and DeSantis.

DeSantis has quickly risen to power in Florida politics and built a brand as a sharp-elbowed partisan warrior. He has been widely praised by Republicans and Democrats for his handling of the Surfside tragedy even after briefly heading to the Panhandle city of Pensacola the day after the condo collapse to announce the dispatching of state law enforcement officers to the border with Mexico. Biden, who has made bipartisanship a mantra for his administration, is primarily coming down as the Consoler-in-Chief, a man who has buried a wife, daughter and son over the years and established an identity as an avuncular figure with an instinctual empathy that connects deeply with grieving people.

“He connects with people and empathizes with their shared sense of loss and grief. He knows the families need to be consoled in these times,” said a senior White House adviser of Biden who was not authorized to speak on the record. “He’ll bring a sense of compassion and leadership. That’s the reason he’s going.”

The White House held off on announcing Biden’s trip because presidential visits are massive and complicated endeavors that can draw resources and time away from first responders, and the president did not want to hamper search-and-rescue operations in any way. His trip is a grim reminder that many of the missing are probably now presumed dead from the collapse, which state officials say is the third-largest structural failure in modern U.S. history, behind the terrorist attacks on the World Trade Center in 2001 and the Oklahoma City federal building in 1995.

A DeSantis adviser also not authorized to speak on the record said, “The governor is waiting to hear more about the schedule from the White House,” adding that “it’s no problem to appear at the site with the president. We’re here every day and welcome him.”

DeSantis, however, has canceled his planned appearance Saturday at Trump’s rally in Sarasota, on the other side of the coast, but the governor denied a recent Washington Examiner report that DeSantis is in a “feud” with the former president over the event.

“That’s not true,” DeSantis said, according to an adviser who discussed the story with him. Two sources close to Trump who are familiar with the event's planning also disputed the account.

The politics of disaster are well-known in the hurricane-prone state. Former Gov. Jeb Bush saw his poll numbers notably rise after eight storms damaged the state in 2004 and 2005. Former Gov. Rick Scott also was a ubiquitous presence before and after hurricanes, notably wearing a blue U.S. Navy cap when out surveying damage. Scott and Sen. Marco Rubio, who lives in Miami, have been on scene in Surfside along with a host of local officials.

Yet even amid the catastrophe, there’s little trust and no connections between the administrations in Washington and Tallahassee.

“Usually, all these details get worked out between the governor’s office and the White House, but the White House and the governor’s office have no relationship. None. Zero,” said Jared Moskowitz, a Democrat who recently stepped down as the head of the Florida Department of Emergency Management under DeSantis, and who was once general counsel for the disaster-response business AshBritt, which was a major contractor cleaning up the debris from Sandy in 2012.

“DeSantis already spoke to President Biden on the phone, the first time they’ve spoken since he became president, and he thanked Biden for the federal disaster declaration at one of the first press conferences,” Moskowitz said. “While that’s not the Chris Christie hug of Obama on the tarmac — the hug felt round the world — it’s the first acknowledgment of the president by DeSantis. On display here could be the president running for reelection in three years and the Republican nominee. They’re putting politics aside. But the pressure on them from the inside and the folks on social media trying to make it about politics is always there.”

In his role as a bipartisan disaster-response expert, Moskowitz also played a behind-the-scenes shuttle-diplomacy role between the DeSantis administration and state and local Democrats, whom he advised to back off criticisms of the governor for not instantly declaring a state of emergency after the collapse of the building about 1:30 a.m. one week ago.

The political chatter began to intensify hours after the collapse when Biden said at a Thursday afternoon press conference that he was ready to approve federal help but DeSantis had not asked for it.

“I’m waiting for the governor to ask or to declare an emergency. Especially as we learn more about what might happen with the rest of the building,” Biden told reporters, prompting Twitter to light up with Democratic criticisms of DeSantis. Miami-Dade Mayor Daniella Levine Cava, a Democrat, soon tweeted that DeSantis needed to issue a state emergency declaration.

But Cava had failed to issue a local order first, which usually begins the process for disaster response that’s supposed to start locally, run through the state and then the federal government. She then issued the local order almost two hours later. DeSantis approved the declaration later that night and Biden followed up with his own order Friday.

The situation underscored the lack of trust and communication between the two partisan sides as well as a lack of understanding of the nuances of disaster response and disaster declarations — especially on social media — according to Moskowitz and Craig Fugate, the former head of FEMA under Obama who also was Florida’s emergency management chief under former Republican Gov. Jeb Bush.

In this disaster, they say, the declarations essentially just make it easier for federal money to flow, but FEMA-sanctioned search-and-rescue operations had begun instantly because Miami-Dade County is the only place in the United States to have two of the nation’s 28 urban search-and-rescue task forces under FEMA authority.

When a Washington Post reporter suggested Saturday on Twitter that search-and-rescue response was hampered by DeSantis’ Thursday evening declaration, DeSantis’ press office angrily denounced it; Moskowitz took to Twitter and channeled a favorite word of Biden’s by calling the claim “malarkey.”

“It’s bullshit,” Fugate told POLITICO.

Since those initial hiccups in communication, DeSantis and Cava have stood side by side along with the congresswoman representing the area, Rep. Debbie Wasserman Schultz, the former head of the Democratic National Committee. Cava has earned particularly high marks, including from DeSantis allies, who credit her for informative press conference and a solutions-first style of governance in calling for an examination of all condominiums for structural problems.

A top Democrat who advised Biden’s campaign and political operation said a political focus group they coincidentally conducted Thursday night was consumed by the discussion of the condo collapse and the policy and political questions it raised.

“There’s a contrast between problem-solvers and deniers here, which is a long-term contrast that could emerge looking to 2024,” the adviser said. “This is raising a series of fundamental questions. How do you deny the need for regulation and tough enforcement? How do you deny the need for infrastructure investment, both private and public? How do you deny the existence of climate change? That is a very vivid contrast. It won’t play out in this meeting but it will be set up by this meeting and what follows.”

For now, though, those issues are playing out behind the scenes privately or among partisans on social media.

“The bottom line is they’re doing the right thing, and if people criticize them for it, the politics will take care of themselves,” said DuHaime, the Christie adviser. “Why not do the right thing? Helping people in a building collapse is not a partisan thing.”

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Democrats launch new 'coming back' push to tout Biden agenda - NBC News

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WASHINGTON — Covid-19 kept candidate Joe Biden off the campaign trail last July Fourth. But this year, the White House and the Democratic National Committee are launching a campaign-style blitz as Americans get set to celebrate Independence Day, aiming to ensure the president sees a political boost for the nation’s return to pre-pandemic life.

The DNC is premiering a new television ad Tuesday that declares America is “coming back” after a year of lockdowns and economic hardship.

June 18, 202101:20

“This year, there’s more to celebrate. The freedom to hug a grandchild. To see a baseball game in person. To come back together again. America leading the world out of the global pandemic with honesty and compassion,” the 60-second spot declares. It’s set to John Legend’s “In America,” used with permission by the singer and songwriter.

The DNC says the spot will air in targeted states and on national cable. On the ground, the party will play off the president’s favorite dessert with an Ice Cream Truck tour along the East Coast starting Wednesday and ending on the National Mall in Washington on the Fourth. The truck will offer Jeni’s Ice Cream with the message: “Shots in arms, checks in banks, jobs coming back and scoops in hand.”

The DNC is also planning to fly planes over beaches in Wisconsin, Georgia, South Carolina and parts of Florida with a banner saying: “America's back together thanks to Biden and Democrats.”

The burst of activity is a significant ramp up by the DNC to promote Biden’s agenda and comes at a critical time for the White House, which has aimed to carry momentum into the summer months while Biden walks a legislative tightrope in support of both a bipartisan infrastructure deal and a more robust, but likely Democrats-only, package of economic initiatives.

DNC Chairman Jaime Harrison told donors at a virtual fundraiser with Biden on Monday night that the party will “work overtime to tell the world about the success” of the administration. “We're doing this all more aggressively than ever before. We're also going to play a bigger role than ever before in midterm elections. We're going to put our cash to work early,” he said.

The White House separately announced Monday that the Bidens, Vice President Kamala Harris and Cabinet officials will fan out across the country this weekend on what it calls the “America’s Back Together” tour. The president will travel to Traverse City, MIchigan, on Saturday before celebrating the Fourth on the South Lawn of the White House with front-line medical workers and U.S. service members.

It comes a week after the White House conceded it won’t hit the president’s stated goal of 70 percent of adults receiving at least one dose of the Covid-19 vaccine by July Fourth.

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Politics needs green innovators too | Greenbiz - GreenBiz

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Like many, the pandemic gave me an opportunity to self-reflect on my life and my role in the world. As a scientist, I thought we could solve the world’s problems with technology, that every issue could be fixed with human ingenuity. I came to the realization that while science and innovation is necessary, it is insufficient to make the change we need to address complex problems such as a global pandemic or worsening climate change.

We need technology, finance and policy, all working together to move the needle. I looked around and saw that technology was advancing, that financers and institutional investors were starting to act and demand more from companies, but that government and policy were lagging behind technology and the markets.

I have spent my career developing clean technology, first as a researcher and highly cited scientist in academia, then as a startup entrepreneur and Carbon XPRIZE finalist, and most recently as the youngest director at the National Research Council of Canada leading a $46 million program to develop made-in-Canada clean technology. I know what it takes to go from discovery to product, from innovation to impact. I’ve found that often it’s not the science or even the funding that is a killer, but rather the policy landscape that fuels a new technology’s growth.

Many do not realize that much of our existing energy infrastructure was and continues to be government-subsidized. Fossil fuel subsidies in the United States are estimated at $62 billion annually and they were $14.5 billion in Canada last year. If we want to transition to a net-zero economy, we need to properly incentivize and price in the impacts of emissions and climate change.

Government action and policy can move quickly in the face of a crisis. We saw that with the COVID-19 pandemic and the massive response to bring life-saving vaccines to market in record time. That same level of urgency and response needs to happen now to address climate change. Governments have the overarching power to set the stage for the transition and have the stimulus power to ensure that people in heavy emission sectors have a clean job to transition to.

This transition is increasingly being requested by society. Consumers, especially younger generations, are demanding that the products that they buy and the services that they use are sustainable. That will only accelerate as the effects of climate change continue. Not only is sustainability good for the planet and its people, but it is also good business too.

The private sector can do its part to encourage green policies. Companies can trial sustainable practices, policies and programs that could be implemented by governments such as municipalities. They can advocate for more sustainable policies and invest in clean technologies that will competitively position them for the transition. Becoming a first mover in the clean economy is a massive advantage. Companies should be working with governments to derisk those investments and make it easier to do so. Imagine if those billions of fossil fuel subsides were put towards supporting decarbonization technologies that companies could use to create more sustainable supply chains.

Becoming a first mover in the clean economy is a massive advantage. Companies should be working with governments to derisk those investments and make it easier to do so.

Despite the science being clear for years, society and consumers demanding more action and investors increasingly seeking more sustainable portfolios, many governments are not on track to meet their Paris Agreements. We need governments to act with greater urgency, and after seeing far too many governments make promises that were never kept, I have decided to run for office to spur that change.

I have left science and my dream job to run to become a Member of Parliament for the Green Party in Toronto. The Canadian system is a parliamentary democracy based off the United Kingdom. People vote for local representatives that are affiliated with a party. The winner of an electoral district in a general election becomes a Member of Parliament (MP) and that party gets a seat in the House of Commons. The party with the most seats becomes the majority party in power, and the leader of that party becomes Prime Minister.

There are a few major parties in Canada: the Liberals (current party in power); Conservatives; National Democratic Party; Bloc Quebecois; and the Green Party. I’m running because we must move faster to combat the threat of climate change and sustainably renew our society and economy. I’m running because we need more diversity in parliament and more science in policy. I’m running because I want to lower the barriers for other non-traditional candidates to consider running, because a diverse government is robust and resilient.

I believe diversity is a strength, which is why I’m very passionate about lowering the barriers of entry, especially for non-traditional candidates. Being a young millennial, a Filipino-Canadian, a scientist and cleantech innovator — these are all things that are not typically represented in politics. I think that needs to change. To help demystify the process of running for office in Canada, I’m vlogging my campaign journey so that other non-traditional candidates, regardless of party, will consider running.

We need more green innovators in politics, more people who understand the complex challenges and the massive opportunities that a clean transition holds. The clean economy will be the economy of the 21st century. We need leaders who can recognize and capitalize on this.

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Traders are hopeful the IPO market can repeat its record first half - CNBC

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Traders on the floor of the New York Stock Exchange.
Source: NYSE

The floor of the New York Stock Exchange, which has been quiet in the past year, has suddenly come to life.

Traders have been returning, restrictions have been relaxed so more visitors can come on the floor, and the IPO business is booming.

"We saw exciting and innovative businesses come to the market in the first half of the year, and we expect that IPO pipeline to continue throughout the second half," Peter Giacchi, head of DMM floor trading at Citadel Securities, told me.

Busy week for IPOs

The IPO business, which has taken a back seat to SPACs for a good part of 2020 and early 2021, has returned big-time.

This week alone, 18 companies are seeking to go public, including Chinese ride-hailing company Didi Global in what will be the biggest IPO of the year (Didi has reportedly priced at $14), along with doughnut chain Krispy Kreme, cybersecurity company SentinelOne, travel security firm Clear Secure, and online legal platform LegalZoom.

That's the most companies in a single week since 2004.

"The setup could not be more perfect," Santosh Rao, head of research at Manhattan Venture Research, told me. "It's risk-on sentiment, with markets at new highs. And when the VIX [Volatility Index] is below 20, it has always helped the market."

There's another reason for the sudden rush of companies this week: the end of a strong quarter.

"You want to get the company out at the end of the quarter, because if you wait into the next quarter you have to publish updated financials," Rao said.

The IPO rush will likely start the second half like it is ending the first half: with a bang.

First half a monster for IPOs

Almost any way the data is sliced, the first half of the year was a monster for the IPO market, which saw 213 IPOs raise over $70 billion.

"That is above the full-year average for the last 10 years," Matt Kennedy, senior market strategist for Renaissance Capital, which advises clients on IPOs and runs the Renaissance Capital IPO ETF, told me. "We haven't seen this level of activity since the 1996-2000 time frame."

It's not just the number of IPOs: the dollar value was high. There are 16 IPOs that have raised a billion dollars or more in the first half, and Didi and SentinelOne are likely to make it 18. "That is far and away the largest number of billion-dollar IPOs in a first half ever," Kennedy said.

After slowing somewhat in May, June was also the busiest single month since August 2000.

These numbers are all the more remarkable, considering that SPACs continue to compete with IPOs for listings. The SPAC business, however, has slowed considerably. Fifty SPACs raised $9.3 billion in the second quarter, an 89% decline in proceeds from the prior quarter.

Rewards for IPO investors, but mostly on the first day

IPO investors have been rewarded: excluding two high-flying micro-caps, the average IPO returned 26% in the second quarter, according to Renaissance Capital.

However, the vast majority of that return (24%) was earned on the first day of trading.

"That is not ideal for retail investors," because retail investors are buying in on the first day, so while some of that first-day return may be available, a good portion is not, Kennedy explained. "The majority of the returns are going to the institutional buyers."

The Renaissance Capital IPO ETF, a basket of roughly 60 of the most recent larger IPOs, tanked in May along with many speculative tech stocks, but has since rallied back into positive territory for the year, though it still lags the S&P 500.

Second half starting strong

The IPO pipeline currently has 87 companies on file looking to raise a total of more than $20 billion, including the Mark Wahlberg-backed fitness studio F45 Training and luxury social club operator Membership Collective, owner of Soho House.

There's also plenty of private companies that have not filed that are expected to do so in the coming months, or who have filed confidentially, including:

Robinhood (stock trading app)
Warby Parker (prescription eyeglasses)
Chobani (Greek yougurt)
Flipkart (India's largest online retailer being spun out of Walmart)
Instacart (grocery delivery platform)
GlobalFoundries (semiconductor designer)
Dole Food Company (global fruit and vegetable company)

Is the glut of IPOs causing problems for buyers?

Kathleen Smith, chairwoman of Renaissance Capital, fears that business may be a little too good.

"The activity is so great that many of our clients are complaining they can't look at everything, and that's bad," Smith told me. "It means they're not able to do all the homework they need to do."

"You need to have quality control. The only quality control is when a fund manager is doing their homework, or some market event happens that causes recent IPOs to drop fast."

Can the IPO industry repeat the historic performance of the first half of this year?

"In theory, we are set for another explosive quarter, but it is a volatile space," Kennedy said.

"The IPO market can turn on a dime, and if the returns to investors tank that could sour the whole market," he said.

Indeed, IPOs did tank in May, when speculative tech stocks, many of which were recent IPOs, tanked on inflation worries. They have since recovered.

"These young companies trade on the potential for profitability down the road," Rao said. "They are very sensitive to a rise in interest rates, but right now there is no big fear of much higher interest rates. That's why it's still risk-on. FOMO [Fear of Missing Out] is the biggest thing."

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For US and Chinese startups, the IPO market is increasingly a two-tier affair - TechCrunch

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The American IPO market is hot for many companies, but surprisingly cool for others. The gap between the two cohorts of private companies looking to list is becoming notable.

When Chinese ride-hailing giant Didi first set an IPO price range, The Exchange was curious about why the company felt so inexpensive. Compared to its American comps, shares in Didi simply felt underpriced at its proposed valuation interval. Recently, Didi stuck to its initial expectations by pricing at $14 per share, the upper end of its range, but no higher.

This week also brought a lackluster float for Chinese grocery-delivery company DingDong, which cut its IPO raise but only managed a flat American debut. Another China-based online grocery delivery service that went public domestically last week, Missfresh, is doing even worse.

With just those few data points, you’d be hard-pressed to be particularly bullish about U.S.-listed IPOs. Why go public in the United States if you are going to be underpriced and then trade poorly? The answer is that while many Chinese companies are seemingly struggling to find the demand that they expect for their shares on American exchanges, domestic companies are seeing some opposite results.


The Exchange explores startups, markets and money. Read it every morning on Extra Crunch or get The Exchange newsletter every Saturday.


We’re talking tech companies here, I should add; The Exchange doesn’t track IPO results for commodities diggers and biotech labs. It’s a big world. We have to focus.

There are contrary data points to our general thesis. Nio’s recent share price appreciation could be construed as such. But if we parse recent IPO news from SentinelOne and Xometry in contrast to what we’ve seen from Chinese tech companies’ own paths to the American public markets, there really does seem to be a gap forming.

Uneven ground

Didi’s IPO price of $14 per share values the company at around $67 billion on a nondiluted basis, and as high as $70 billion if we counted more shares in its market cap calculations. As we previously calculated, with around $6.5 billion in total Q1 2021 revenue and positive net income, the company is trading at a stiff multiples discount to Uber.

Indeed, Uber’s trailing price/sales ratio is north of 8x. If we valued Didi’s revenues from the last twelve months at the same price, it would be worth nearly $179 billion. It’s not. And that’s the gap that we want to stress.

That a few other Chinese tech IPOs listed in the United States underperformed in the last week is contrasted by a blizzard of positive IPO results from domestic companies from just this week:

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Global Pipeline Security Market Forecasts Report 2021-2026 - GlobeNewswire

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Dublin, June 30, 2021 (GLOBE NEWSWIRE) -- The "Pipeline Security Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.

The global pipeline security market is projected to grow at a CAGR of 6.79% during the forecast period, reaching a total market size of US$11.803 billion in 2026 from US$7.451 billion in 2019.

Pipeline security is the protection of land-based pipelines against sabotage, illegal tapping, and terrorist activities using the pipelines.

The global pipeline security solutions are gaining importance across the globe owing to increased terrorist attacks and cybersecurity threats, worldwide.

Another key driver of the market is the increasing demand for pipeline security solutions coupled with the increase in the number of funds being invested in these solutions. The gradual increase in the demand for natural gas by the transportation and power generation sector is further augmenting the demand for these security solutions, globally.

According to a report by IBM, in 2019, the manufacturing, and energy industry are the topmost industries to be targeted the most for pipeline security attacks. To combat such attacks the governing bodies of several countries are adopting pipeline security solutions, which in turn is expected to fuel the market growth.

In addition, the rising need for multiple security solutions due to the lack of integrated platforms to provide both physical and network security solutions is expected to propel the market growth during the forecast period. Moreover, the increasing energy consumption in developing countries requires more extraction and distribution infrastructure, thereby impacting the market growth positively. The North American region is estimated to hold a significant market share during the forecast period owing to increasing shale gas exploration in the region.

By solutions, surveillance solutions and secure communication systems are expected to hold a notable market share owing to the increasing threat and security concerns across various industries, globally. By product type, the market for natural gas and drinking water segments is estimated to grow during the forecast period due to the rapidly increasing population and the rising urbanization across the globe.

Geographically, North America and Asia Pacific regions are projected to hold a significant market share owing to the increasing shale gas exploration, the need for reliable protected pipeline networks along with the upgrading of refineries, and the rising concern over pipeline attacks and damage due to natural disasters.

Growth Factors

Increasing cybersecurity threats and terrorist attacks

The sudden increase in the number of cybersecurity threats and terrorist attacks worldwide is a major cause of concern for the government of any country. The governing bodies of several countries are investing funds to protect the pipelines and prevent such attacks. The increasing concern and awareness is expected to drive the market during the forecast period.

Increasing demand for oil and gas

The rising demand for oil and gas due to the rapidly increasing population across the globe is projected to propel the growth of the pipeline security market during the forecast period. The big players in the pipeline security industry are spending large amounts of funds on developing Internet of Things (IoT) based tools which will be able to detect any leakages across the pipelines, which in turn will support the market growth.

Furthermore, the demand for natural gas is expected to grow during the next few years owing to increasing concerns regarding carbon emissions and the adoption of eco-friendly alternatives in the industrial sectors, which in turn will surge the demand for pipeline security in the years to come.

Restraints

High costs

The costs associated with the implementation of pipeline safety solutions are huge. The costs are high as an entire infrastructure system needs to be developed along with these solutions. Changes need to be made in the existing pipelines, trained manpower needs to be kept to monitor the systems, software needs to be developed, installed, and maintained all of which occurs at large costs. The governments especially those of developing countries might not be ready to invest a surplus amount of funds in developing the pipeline security system in their country, which may hamper the growth of the market.

Impact of COVID-19

The Covid-19 pandemic moderately impacted the global pipeline security market as due to the slowdown in the manufacturing processes, the demand for the pipeline security market was negatively impacted. The focus of all the governing bodies was more on combating the virus than on developing information technology infrastructure.

The business operations of many industries such and oil and gas, chemicals, refined products, etc. suffered due to the lockdown restrictions, which further hampered the market growth. However, the global pipeline security market is expected to rebound during the forecast period owing to the ease in Government restrictions, and the increase in the budget for the IT sector.

Competitive Insights

Prominent/major key market players in the global Pipeline Security market include ABB Ltd, Honeywell International Inc., Schneider Electric, Senstar Corporation, Thales Group, Huawei Technologies Co., BAE Systems, Siemens AG.

The players in the Global Pipeline Security Market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. For Instance, in June 2020, ABB Turbo Systems Ltd was merged with ABB Switzerland Ltd to expand their market reach and become the global leaders.

Major market players in the market have been covered along with their relative competitive strategies in this report and the report mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the Global Pipeline Security Market.

Segmentation:

By Solution

  • Surveillance Solutions
  • Secure Communication Systems
  • Tracking Solutions
  • Identity and Access Control Solutions
  • Intrusion Detection Solutions
  • Others

By Product Type

  • Chemicals
  • Natural gas
  • Crude oil
  • Refined products
  • Drinking water
  • Others

Company Profiles

  • ABB Ltd
  • Honeywell International Inc.
  • Schneider Electric
  • Senstar Corporation
  • Thales Group
  • Huawei Technologies Co.
  • BAE Systems
  • Siemens AG

For more information about this report visit https://www.researchandmarkets.com/r/vaxnq


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SuperFoods Market Research Report by Type, by Region - Global Forecast to 2026 - Cumulative Impact of COVID - GlobeNewswire

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New York, June 30, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "SuperFoods Market Research Report by Type, by Region - Global Forecast to 2026 - Cumulative Impact of COVID-19" - https://www.reportlinker.com/p06088187/?utm_source=GNW

The Global SuperFoods Market size was estimated at USD 218.98 Billion in 2020 and expected to reach USD 233.75 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 7.08% from 2020 to 2026 to reach USD 330.17 Billion by 2026.

Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

Market Segmentation & Coverage:
This research report categorizes the SuperFoods to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Type, the SuperFoods Market was studied across Eggs, Fishes, & Sea Weeds, Fruits & Berries, Grains & Cereals, Herbs & Spices, Mushrooms, Nuts & Seeds, and Other Medicinal Plants.

Based on Geography, the SuperFoods Market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the SuperFoods Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global SuperFoods Market, including ADUNA Ltd, Aloha, Inc., APAX USA, Inc., Archer-Daniels-Midland, Creative Nature, Del Monte Pacific Ltd., Essential Living Foods, Inc., Food Matters International Pty Ltd, Imlak’esh Organics, Impact Foods International Ltd., LAKANTO, MedicineNet, Inc., Merriam-Webster, Incorporated, Nature’s Superfoods LLP, Naturya, Netdox Health Pvt. Ltd., Nutiva, Inc., Ocean Spray Cranberries, Inc., OMG Superfoods, Rhitrition Limited, Slurrp Farm, Suncore Foods Inc., Sunfood Corporation, Superlife Co. Pte Ltd, TERRASOUL SUPERFOODS, The Green Labs LLC, and XanGo, LLC.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global SuperFoods Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global SuperFoods Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global SuperFoods Market?
4. What is the competitive strategic window for opportunities in the Global SuperFoods Market?
5. What are the technology trends and regulatory frameworks in the Global SuperFoods Market?
6. What is the market share of the leading vendors in the Global SuperFoods Market?
7. What modes and strategic moves are considered suitable for entering the Global SuperFoods Market?
Read the full report: https://www.reportlinker.com/p06088187/?utm_source=GNW

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