Emmy Award-winning correspondent Jeff Yastine has been a major supporter of new technologies he believes will be long-lasting successes for the U.S. and global economies. This range of new technologies includes the development of the solar industry in the U.S. and recommended investments in cybersecurity which the former PBS Nightly Business Report anchor believes will grow until at least 2021. Both cybersecurity and solar energy production are seen as areas of growth for Yastine as the people of the world are looking to change the way they receive their energy. Connect with Jeff Yastine by visiting his linkedin acount.
Jeff Yastine uses his experience as a high-profile journalist and broadcaster to identify the various areas of interest for investors who are looking for early tips on future trends. As an editor and contributor to various publications in the Banyan Hill Publishing empire, Yastine has built a reputation for identifying the areas of growth in the financial markets. The journalist who explored the financial impact of Hurricane Katrina has identified cybersecurity as one of the great areas of growth because of the expected attacks non operating systems from nations such as China and Russia.
Through 2019, cybersecurity by U.S. Federal agencies is expected to reach just under $15 billion in response to threats from outside agencies. Comparing this spending without taking into account private sector spending with 2017 levels of spending shows the government spending alone will rise by 14 percent. Jeff Yastine believes the constant threat of cybercrime and hacking will see consistent spending on cybersecurity in the coming years.
A similar rise is expected in the energy sector with an increased level of interest expected in the generation of green energy including solar panels. Jeff Yastine admits the U.S. public has been slow to pick up the green energy trend but this could shift as the cost of electricity continues to increase in the 21st-century. In 2015, solar panels were used to create just 0.5 percent of the electricity used in the U.S. but this had increased by 2017 to two percent. Jeff Yastine believes the increases will only continue over the next decades as the need to use renewable energy will be identified as important to the future economies of the U.S. and the world.
— Jeff Yastine (@JeffYastineGuru) February 27, 2018