Recent Posts

Would robots be allowed to drive Ferraris

The auto industry is set to be transformed by the shift to electric vehicles from internal combustion engines and the introduction (any day now, trust me on this one) of fully self-driving automation that will turn drivers into passengers. Ferrari NV is reluctantly (and slowly) participating in the former, but it’s resolutely against letting artificial intelligence get behind the wheels ...

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Industrial spending should be booming

  Could this economic slowdown be different for industrial companies? There are valid reasons to think so, but it’s becoming harder to make the argument. The unwinding of the pandemic surge in consumer demand for physical goods has picked up in recent weeks, with retailers from Target Corp. to Walmart Inc. and Dick’s Sporting Goods Inc. sounding a cautious note ...

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The BOJ revelling in obstinate isolation

  For a guy who professes to be uncomfortable with extreme moves in currency markets, Haruhiko Kuroda certainly doesn’t seem to mind causing them. By doubling down on easy money, the Bank of Japan governor is set on a path that will only further isolate the country from its peers and almost guarantee further erosion in the value of the ...

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