In 2017, two seemingly contradictory trends continued and, indeed, accelerated: the strong advance of global investment markets and the proliferation of geopolitical risks.
The events of 2016 reinforced our long-held belief that complex events cannot be predicted with confidence.
Since Joseph Engelberger, “the father of robotics,” developed the world’s first industrial robots in the 1950s and installed them in a General Motors plant in 1961, the robotics industry has made tremendous advances. Today, there are about 1.9 million industrial robots deployed worldwide across a wide range of applications in fields such as manufacturing, logistics, consumer services, defense and healthcare.
The Global Income Builder Fund has considerable latitude in choosing where and how to invest.
There is growing concern that the rally in US stocks may soon fade.