When Sanford Bernstein’s Jay Huang looks back at 2017, he doesn’t see the oddest political wrangling accompanied by surreal market environments. He appears more awed by the pace of automation trends, particularly integrating into human business processes. There is no cliff for automation stocks, he asserts in a January 4 report on Asian Industrial Technology. There are only “more peaks to conquer.”
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Automation trends expected to grow on a secular basis

Automation has impacted different industries in meaningful ways. In trading, the advent of computer-based thought process now said to drive upwards of 80% of trading volume on any given...

