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Is the future really Asian?

Rosy forecasts miss the region's demographic and environmental challenges

| China
Will Asia's billions be made jobless or kept out of the work force by automation?   © Reuters

In a past career as a stock analyst, I was often asked to make my reports more "actionable" so that fund managers would feel the need to make trades, ideally through the bank I was writing for, as frequently as possible.

In reality, dramatic events that warrant changes to "buy" or "sell" recommendations are not frequent for normal companies. Analysts tend to play up the significance of events or data releases and to discover important trends when in fact there is only white noise.

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