In every economic activity there is a convention somewhere but at the moment Las Vegas is the biggest show in the US. Every city has a convention center, although they tend to more regional in nature, for people need to meet and see what all the suppliers arces e doing. There is a need for conventions some you will be interested in, some you will not be. The ones you likely interested in include related to how you make your money and the hobbies or relaxation activities you pursue. The others ones are for everyone other job that you have limited interest in and activities that have grown such as ComicCom and the like. You may or may not go, but there are likely shops which sell comics and people like particular characters, which means it is an interesting convention.
In our society today, the biggest technology makers come to the CES or Consumer Electronics Show in Las Vegas. It is the height of the US innovations and companies need to wow the consumer. (Recently saw a You Tube video on Las Vegas, which has many construction cranes as hotels, convention centers and sports arenas are built around the famous Las Vegas strip of hotels.)
In an article by Abhirup Roy of Reuters, the gathering in Las Vegas is one of the largest of manufacturers, analysts and suppliers in the US. (if you want to see what is going on in China – there are You Tube channels to see innovation, and there is a lot of it).
CES 2025 is used to debut products ranging from new automotive technology to quirky gargets as well as showcase AI. This year a hot topic is what does President Trump mean by tariffs?
According to Edmunds, nearly half of new cars sold in the US as well as a significant share of parts on the rest made outside the US. What happens to supply systems and how do they adjust? According to S&P Global if the US imposes tariffs, European and American carmakers would lose 17% of their profits. (in order to help the American autoworker, President Trump is willing to put the balance sheets of the companies in jeopardy).
At the CES 2025, Honda, Toyota, Bosch and Continental are expected to provide updates on self-driving technology. If you noticed Tesla shares moving higher, part of it is the promise of self-driving taxis.
Linking to dividend paying stocks, for the companies you invest in, one of the easiest methods to see what is going on in the industry and the trends is to attend a convention. There are multiple conventions around the US – local, regional and national and you will likely leave with a few ideas.
There are more questions than answers, till the next time – to raising questions.