Washington Post (March 21)
“The truth is, the world is leaving the Industrial Age and entering a Digital Age of equal significance. The steel mills and coal mines of the past will not shape our future. Instead, efforts to harness control of digital technologies will be the new global race—and one that the West simply can’t afford to lose.” And yet, the West is at risk of “being trapped in a steel conflict, which bears virtually no relevance to the economic order of tomorrow. It’s all worse than stupid. It’s tragic, too. The only likely victor in all of this is China.”
Tags: China, Coal mines, Digital age, Future, Industrial Age, Race, Steel mills, Technologies, The West
Investment Week (December Issue)
“Quantitative forecasts are based on probability models that cannot help but assume the future will be correlated to the past, and qualitative scenarios are based on, well, a combination of experience and common sense. Either way, most methodologies it would seem leave little room for discussion of true outliers and surprises.”
Tags: Forecasts, Future, Outliers, Probability models, Qualitative scenarios, Quantitative, Surprises
Forbes (October 23)
“To foreign businesses seeking to stake out a spot in industries that will power China’s bold new future, Xi’s roadmap is far from reassuring: It entails a protectionist bent that will reduce their market share in the world’s second largest economy—an issue that risks driving a wedge between Beijing and Washington in Xi’s second five-year term, analysts warn.”
Tags: China, Economy, Foreign businesses, Future, Industries, Market share, Protectionist, Roadmap, Xi
Washington Post (October 12)
“When future auto historians look back, they may pinpoint 2017 as the year electric vehicles went from a promising progressive fad to an industry-wide inevitability.”
Tags: 2017, Cars, Electric vehicles, Fad, Future, Inevitability
Bloomberg (September 27)
Shinzo Abe is taking a “momentous gamble.” Nothing less than “Japan’s economic future, and his own political legacy” will depend on the outcome of the October election.
New York Times (April 27)
President Trump’s tax plan can hardly be called a plan, but it certainly takes the cake… and serves it up to the rich. “The skimpy one-page tax proposal his administration released on Wednesday is, by any historical standard, a laughable stunt by a gang of plutocrats looking to enrich themselves at the expense of the country’s future.”
Bloomberg (November 24)
“Youthful optimism can be hard to find in Japan, where millennials rank as the gloomiest of those in the world’s biggest economies.” Less than 40% of Japan’s millennials are optimistic about the future, “making them the most pessimistic in 18 countries surveyed by ManpowerGroup. They’re even more downbeat than young Greeks, who have suffered Great Depression-like conditions and political upheaval in recent years.”
Tags: Downbeat, Future, Gloomiest, Great Depression, Greeks, Japan, ManpowerGroup, Millennials, Optimism, Pessimistic, Upheaval
The Economist (March 5)
“Every second three more Indians experience the internet for the first time. By 2030 more than 1 billion of them will be online.” Smart phone usage is soaring. And “no battle for the online future of India is more intense than the one now being waged in e-commerce.”While this is a “local battle for customers,” it is “also a battle for the future” that will likely prove “a better template for the e-commerce battle in other emerging markets.”
Tags: Customers, E-commerce, Emerging markets, Future, India, Intense, Internet, Online, Smart phone
New York Times (December 25)
“Evil is everywhere, and anger and hatred are loud. The shouting drowns out the quiet; tragedy and disaster block the view of the good. Yet there are always signs of progress toward a better future. Look, or you may miss them.”
Financial Times (September 7)
Now nearing $500 billion a year, “stock buybacks are big and controversial.” Some claim buybacks are “killing the American economy…. Fine companies, the idea runs, sacrifice their future to satisfy cash-hungry hedge funds.” This is overblown. “Buybacks do not destroy the cash used. The cash goes to stockholders—often pension funds or mutual funds—that reinvest it, presumably in younger firms that are cash-starved and hungry to expand.”
Tags: Cash, Controversial, Economy, Future, Hedge funds, Mutual funds, Pension funds, Reinvest, Stock buybacks, Stockholders
