Washington Post (January 29)
“Self-driving cars appear to be safer than those with human drivers.” We should welcome their introduction. For example, “Waymo robotaxis have logged 33 million miles, mostly ferrying passengers in San Francisco and Phoenix.” In those two cities, “compared with cars driven by humans, Waymo vehicles have been involved in 62 percent fewer police-reported crashes, 78 percent fewer crashes that resulted in injury and 81 percent fewer crashes severe enough to deploy the air bags.” Moreover, the reality is probably even better as some of these accidents were caused by other drivers.
Tags: Accidents, Air bags, Crashes, Human drivers, Injury, Passengers, Phoenix, Police, Robotaxis, Safer, San Francisco, Self-driving cars, Waymo
Institutional Investor (January 9)
“Amid market volatility in 2022, defensive stocks, most of which are dividend payers with stable earnings, had a good run. While they tend to underperform growth or cyclical stocks in bull markets, they are usually perceived as safer bets during recessionary periods. Dividend stocks gained 2 percent from January to October 2022, beating the market by more than 20 percent.”
Tags: 2022, Bull markets, Cyclical, Defensive, Dividend stocks, Growth, Market volatility, Recessionary, Safer, Stable earnings, Underperform
Reuters (February 15)
“Brexit-supporting City figures hoping for a regulatory bonfire seem likely to be disappointed…. The BoE’s first deviation from EU law was to make the rules tighter, not looser. The supervisor also recently ruled out a big capital reduction for insurers. London may end up being smaller, but at least it will be safer.”
Tags: BOE, Brexit, Capital reduction, Deviation, Disappointed, EU law, Insurers, London, Looser, Regulatory, Rules, Safer, Smaller, Supervisor, Tighter