Automation is being embraced by many industries across the world. No longer automation simply involved using robots to perform complex physical and dangerous tasks in the industrial sector. Today robots are used not only for physical tasks but also for cognitive tasks according to a report on automation by Deutsche Bank. The author Jim Reid …
Continue reading ‘Robot Density in Emerging and Developed Countries’ »
Foreign stocks in the news and to watch for the following week are listed below. Additional links for items of interest are also included. Denmark’s Danske Bank(DNKEY) is involved in a massive money-laundering fraud at its Estonian branch. The CEO quit and the stock may suffer for months to come. The German government is in …
Continue reading ‘Foreign Stocks To Watch: Money-Laundering Danske and Declining Deutsche Bank’ »
U.S. equities are reaching record highs and some investors are wondering how long the current bull market will last. The S&P 500 is up by over 9% on price basis YTD. Currently the P/E ratio of the index is 25.38. Based on the price to sales ratio stocks are reaching the levels last reached during …
Continue reading ‘U.S. Stocks Are Overvalued based on Price to Sales Ratio: Chart’ »
FT Alphaville published an interesting analysis on why manufacturing jobs in the US are better than other jobs. The article basically debunks Gary Cohn, ex-head of the President’s National Economic Council simplistic and lack of critical thinking views on why one would prefer a nice cushy office job in an air-conditioned office than working in mine …