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Market Talk – October 9, 2019

October 9, 2019

ASIA: A Chinese official has told Bloomberg that China is not expecting an agreement with the US this week although talks are due to start tomorrow. However, there is an idea floating around for a partial deal, which would see some of the tariffs lifted, but they stressed that this would not be possible if […]

Climate Change Will Add to Unemployment in Auto Industry

October 9, 2019

The internet reshaped the retail consumer world by eliminating many small stores and forcing big stores to close locations as online shopping exploded. Many small book stores and camera stores were particularly vulnerable. Now climate change is having a similar impact. The strike with the United Auto Workers’ (UAW) and General Motors is not so […]

Cycle of Innovation

October 9, 2019

QUESTION: Hi Martin, I am curious about Industry/Technology, is there a cycle for the industry, the industrial revolution, internet, etc., is it linear or cyclical.  Should we expect self-driving cars and continued advances or some kind of reversion to the industry/technology past?   It seems that it may be linear, but maybe only up to a point […]

Culture & Workforce Are Key to the Value of a Currency

October 9, 2019

QUESTION: Hi Martin – was reading your latest post where you say “All currency is backed by the total productive capacity of its people.” – if this is the case, wouldn’t the number of productive workforces indicate a stronger currency? I take the case of India with a young workforce, and compare that with the […]