Multiple studies measuring mutual fund cash flows prove that advisors havenoskill in timing investments and there is no evidence they are getting better at it.
But once here, even the most talented students are not assured that they will receive visas enabling them to work following graduation, and high-skill workers and entrepreneurs haveno sure path to citizenship.
No surprise that contract manufacturers for electronic gear have sprung up in Malaysia and China, where skill levels are high but labor costs only a fourth what it does in the U.S. GM's former parts-making subsidiary, Delphi, which opened its first plant in Mexico in 1978, now has 55 plants there.