Finimize - 🌾 The only way for farms is up

Hi Reader, here's what you need to know for September 7th in 3:07 minutes.

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Today's big stories

2021 is on track to break dealmaking records after a bumper summer of activity for mergers and acquisitions
An innovation in farming could solve the world’s problems, and your portfolio could reap the rewards – Read Now
European power prices have surged to record highs

Smash Hits

What’s Going On Here?

2021 is on track to be a record-breaking year for mergers and acquisitions (M&A), after companies took advantage of their hot vax summer to really let loose.

What Does This Mean?

Firms have struck $4 trillion worth of deals since the start of 2021 – more than twice as many as they had done this time last year (tweet this). That’s partly because historically low interest rates have made it cheaper than ever for them to borrow money, which means they can finally splurge on a buyout they’ve long had their eye on. And it’s partly because they’re enjoying record-high stock prices, meaning they don’t need to issue as many new shares – or spend as much cash – to buy what they want.

Why Should I Care?

For markets: Tech’s still leading the way. The dealmaking boom has spanned every sector, with plenty of companies citing double or triple-digit percentage increases in the number of deals they’re striking versus last year. But it’s tech firms – which, not coincidentally, have seen the most significant uplift in their share prices in the last year – that have been involved in around 21% of all M&A activity this year. And analysts don’t think that’ll stop: tech firms are expected to keep leading the way over the next 12 months, as they continue to play a pivotal part in our working-from-home world.

The bigger picture: The real winners. Investment banks take a cut of every deal they make happen, so it follows that banking giants JPMorgan and Goldman Sachs both reported strong revenue from their dealmaking businesses. A lot of that came from the Middle East, where governments have been looking for new ways to diversify their economies after the oil market’s slump last year. And it’s not just JPMorgan and Goldman: investment banks the world over have been so busy that they’re reportedly scrambling for new hires.

You might also like: How to pick the best of the bank stocks.

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Analyst Take

How To Make Towering Profits From Vertical Farming

What’s Going On Here?

In case you hadn’t noticed, the planet is going through some stuff right now.

Climate change, water scarcity, arable land loss – all these factors and more are demanding innovation in almost every sector.

One of those innovations is vertical farming, a game-changing way of growing fresh food indoors in vertically stacked trays without soil.

That means less space, less waste, and less water.

So much less, in fact, that one consultancy thinks the market could grow 25% a year on average to hit $32 billion by 2030.

That’s today’s Insight: the variety of different ways you can invest in the vertical farming space.

Read or listen to the Insight here

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