BAML: Smart Cities & Their Technical Infrastructure Will Dominate the Future

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Mark Melin
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Updated on
Smart cities

The world is transforming in several senses. The election of Donald Trump highlighted a stark difference between voters in elite metropolitan areas, who overwhelmingly voted for Hillary Clinton, and the vast middle of the road in smaller, more average cities, which primarily voted for Donald Trump. This sharp divide is also revealed in a Bank of America Merrill Lynch report. The divide between major “ smart cities ” and the forgotten middle will lead to investing opportunity. Technology will monitor, manage advanced societies Smart cities, which will embrace technology to unprecedented degrees for security and infrastructure management, account for 85%…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.