China is adding robots at an average pace of about 20% annually. In other words, about 650,000 new robots are expected to be installed there by 2020.
Efficient markets assume that all traders, as a group, know everything. This is good news for those worried about the situation in North Korea.
Given the pace of advancement in recent years with robotics and AI, we are left with the question: Can too much technology be a bad thing?
What makes this trend worth watching is that it’s not limited to the United States, where higher prices alongside a reviving economy might be expected.
Amazon has been unable to make any significant headway in China, though, as Business Insider notes, it’s not for lack of trying.
The German public has been strongly opposed to using their tax dollars to subsidize banks in other countries. Unless that changes, the EU might not survive.
The euro has been called an unmitigated disaster … a currency without a country. But you’re not getting the full story, and it’s that story that means the euro is safe, for a while at least.
For those who believe it’s always darkest before the dawn, there are great long-term investments in countries that seem overwhelmed by bad news.
We know the S&P 500 has roared higher since President-elect Donald Trump’s surprising victory, but look at what’s happening in Great Britain…