But it poses a challenge for tax and benefit systems
Tag: overblown
Worries about the rise of the gig economy are mostly overblown
IT IS a warm morning on Bondi Beach. Simon and Sophia are drinking coffee on a terrace while athleisure-clad millennials stroll by. The young American couple, both management consultants, came to Sydney from New York for a working holiday. Both found work through Expert360, a platform that connects professionals with firms needing help with tasks. […]
Fears that China has hurt innovation in the West are overblown
POPULAR concern about free trade with China has focused on the loss of manufacturing jobs in America and Europe. Policymakers have an additional worry: that China’s rise is hurting innovation in the West. This fear is among the small set of issues that unites American Democrats and Republicans. In 2016 Barack Obama’s commerce secretary said […]
Fears of bots in the workplace are likely overblown
GUEST: Journalists have used a lot of ink, both real and digital, to discuss the potential of AI to eliminate jobs. Autonomous vehicles, machines that read X-rays and search for new drugs, and algorithm-driven bots that respond to customer service inquiries are all manifestations of powerful new forms of automation. This fuss has led to a […]
A $200 billion quant fund says one of the biggest concerns about how companies will spend their tax savings is overblown
Reuters / Kevin Lamarque AQR Capital Management, a quantitative-focused hedge fund overseeing $ 208 billion, seeks to dispel what it sees as the four biggest myths associated with corporate share repurchases. The firm argues that companies using cash to repurchase stock doesn’t hinder economic growth, as has been suggested in recent weeks. One of the […]
UBS: The 2 biggest stock market fears are overblown
Reuters / Brendan McDermid Even though the stock market keeps hitting record highs, investors continue to find new reasons to be worried. UBS tries to dispel these concerns, calling for the S&P 500 to climb as much as 9% from current levels by the end of 2018. Investors seem awfully scared, considering the stock market […]
Wall Street says a major fear about Trump’s tax plan is overblown
Spencer Platt/Getty Images Bank of America Merrill Lynch forecasts that far less repatriated capital will be used by corporations to buy back shares, relative to the last tax holiday in 2004. HSBC says the influx of cash will boost the flexibility of multinational companies, making them less reliant on financial engineering. The last time the […]
Wall Street says a major fear about Trump’s tax plan is overblown
Spencer Platt/Getty Images Bank of America Merrill Lynch forecasts that far less repatriated capital will be used by corporations to buy back shares, relative to the last tax holiday in 2004. HSBC says the influx of cash will boost the flexibility of multinational companies, making them less reliant on financial engineering. The last time the […]
