It happened again. Tax receipts rose to all-time highs in the US after the recent tax cuts.
U.S. tax revenues are $779bn above budget (read here) and capex, wages and repatriation of capital are soaring.
Robots do not destroy employment, politicians do
I’m not worried about artificial intelligence, I’m terrified of human stupidity.
The debate about technology and its role in society that we need to have is being used to deceive citizens and scare them about the future so they accept to submit to politicians who cannot nor will protect us from the challenges of robotization. Continue reading Robots do not destroy employment, politicians do
Risk Off? Not Really
The recent strength in the US dollar and stock market weakness has generated many headlines about “risk-off” mentality. However, the reality is quite different. We are far from capitulation. Continue reading Risk Off? Not Really
Trade war? Emerging markets and eurozone. Moderation in optimism.
In this short video we remind that we are not living a trade war… but a negotiation. Continue reading Trade war? Emerging markets and eurozone. Moderation in optimism.