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By Simon EDELSTEN (co-manager of the Artemis Funds (Lux) - Global Select) at Artemis IM
In some early cultures people counting anything over the number two just used the word "many". Even today, for a lot of us, words like "million", "billion" and "trillion" might as well be "many". Few of us really understand the difference between these large numbers. Smart investors should try.
The US has now passed into law three important acts that have $2 trillion of backing. The US Inflation Reduction Act (IRA), the Bipartisan Infrastructure Law and the Chips Act aim to address climate change and the need for new infrastructure and reduce reliance on China and Taiwan for critically important semiconductors.
Just think about that...
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