U.S. May Soon Leave NAFTA Behind

As President Trump continues to threaten U.S. withdrawal from the North American Free Trade Agreement, it could soon become reality. However, dismantling NAFTA would bring large changes for consumers and the global economy. Over the past quarter century, the agreement has reshaped the United States economy, and its demise could raise costs for North American Read More…

The Approaching Autonomous Future

Attitudes towards transportation have transformed toward additional choices; ride hailing, car sharing, and self-driving vehicles are undertaking a huge surge in demand. With the customer taking only part of the equation, automakers will be following suit. Competencies are likely to be focused on greater profits per mile or per trip, and monetizing time consumers might Read More…

TMT: Analysis on Industry Performance

TMT (technology, media, and telecommunication) companies #1 generation of economic profits over other industry sectors amounts to more than companies in aerospace and defense, automotive components, and food products combined. The profitability behind TMT is a result of advances in digital technology that provide access to new markets and stimulate corresponding growth, creating new leadership Read More…

Tax Cuts Inspire Wall Street Investments

Despite investors’ doubts on tax reform, Wall Street has been buying the stocks of companies that would benefit the most from a tax reforms: ones that currently pay the highest effective rates. Key investors believe that tax cuts have been completely discounted in market valuations, leaving options with great growth possibilities and limited risk. Those Read More…

ECB Weighs its Options

In September, Eurozone inflation rose at an annual rate of 1.5 %, falling short of economists’ forecasts and leaving the ECB (European Central Bank) questioning whether the economy is strong enough to roll back its bond-buying program. Weak inflation in France and Spain, as well as fall in unemployment in Germany, indicates a strong eurozone Read More…

Financial Flooding Will Recede

The physical damage from Hurricane’s Harvey and Irma can last for a long period of time, however, the overall economic damage is likely to recede and should do little to alter the US Federal Reserve’s strategy for tightening monetary policy. In 2005, the Fed lifted short-term interest rates just a month after Hurricane Katrina ripped Read More…

Technology’s Impact on Perception of Economic Opportunities: A Matter of Education

Polling firm PSB and research by Burson-Marsteller reveal significant attachment between Americans vision of economic potential and their education level. Many less educated individuals view the technological disruption as a setback – more and more competition fighting for a shrinking labor demand and fear of their skills to be considered obsolete. The study found that Read More…