Posthaste: A ‘tectonic’ shift in the way the world does business is underway, and investors aren’t ready

There is a “tectonic” shift happening in the way the world does business, and investors aren’t prepared, says BofA Global Research.

Tariffs are part of the reason for the shift back home, but also new automation has made labour costs cheaper in home countries, making outsourcing less attractive. And tax arbitrage has narrowed, said BofA. The survey also found almost universal intent to use automation. BofA had forecast a doubling of industrial robots by 2025; it now believes that may be conservative. Its economics team expects a cyclical recovery in U.S. manufacturing by the mid-2020s, but warns that investors are not yet positioned for that change.

THANKS ALOT TRUDEAU!

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: Investors shift back into stocks on signs coronavirus spread is slowingPremarket: Investors shift back into stocks on signs coronavirus spread is slowing GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »

Terence Corcoran: Attack of the green carbon counters as business world reduced to tallying emissionsGrim green calculations warp decisions on Alberta’s oilsands and pipelines, Ontario’s electricity market and a New Brunswick iron project
Source: nationalpost - 🏆 10. / 80 Read more »

Two new dividend-growth ETFs, why forestry stocks are a buy, and is index investing just one big Ponzi scheme?Two new dividend-growth ETFs, why forestry stocks are a buy, and is index investing just one big Ponzi scheme? GlobeInvestor
Source: globeandmail - 🏆 5. / 92 Read more »