China has a labor problem affecting its position as a global manufacturer. Ian King argues that AI & robotics will be the answer.
Automation. Robotics. Artificial intelligence (AI). Here’s why these 3 key techs are destined to grow in bear markets and soar in the next bull market.
Last week, the GDP report showed the sharpest slowdown since the recovery. It has nothing to do with demand. The problem is supply. Companies aren’t delivering due to shipping, shortage in materials and, more importantly for our conversation today … labor. Because that’s creating a massive boom in robotics and automation as businesses respond to this labor crunch. In today’s Your Money Matters, Ted Bauman and Clint Lee show just how quickly this industry is growing and two different ways to play it. You’ll also find out what Ted believes is “one of the greatest hidden opportunities in the market today.”
It’s not just auto manufacturers feeling the pain. Supply chain disruptions are limiting output and sales across many industries. It’s one major factor that’s holding back the recovery, and it’s of paramount importance to stocks. Here’s why.
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