Trade War? What trade war? Remember all the investor concern about the potential trade dispute with China and some European countries? Market instability during the first quarter has been directly related to investor concern about the worldwide economic fallout from the imposition of tariffs and other threatened trade restrictions. The market was particularly sensitive to […]
Stock bull Steve Chiavarone sees the S&P 500 adding a staggering 11%, even after months of hitting record highs. After a few challenging weeks, the large-cap index is now just above 2,700, a point some analysts say should be “attractive” for buyers. Chiavarone is on board. The money manager doesn’t see the summer slump for stocks […]
Remember when Netflix was a mail-delivery DVD company? That was the extent of its business; its main competitor, Blockbuster. But, while Blockbuster went the way of the Dinosaur, its former rival is now a media goliath. Netflix dominance in the entertainment market is one of the reasons federal district court judge Richard Leon approved the […]
Over 63% of affluent young adults between the ages of 18 and 22, the so-called Generation Z demographic, are counting on familial inheritances to pay for their retirement years. This is according to a recent Merrill Edge Spring Report compiling data on the subject. Considering that the children of affluence have more access to resources […]
President Trump and his administration are finalizing a list of goods from China that will be subject to the newly imposed 25% tariff with the tariff going into effect soon. This is only one of many details and deadlines that are looming in the ongoing trade debate between the United States, China, Canada, Mexico and […]
Foreign investment icon Mark Mobius said that North Korea presents a “tremendous opportunity” for future international commerce. President Donald Trump and North Korean leader Kim Jong Un’s recent historic summit in Singapore has emerging market investors interested in North Korea’s potential future on the world stage. Experts are speculating whether North Korea, long a hermit […]
Former Federal Reserve Chairman Ben Bernanke, who oversaw the economy during the Great Recession and lowered interest rate to zero in response, warns that the enormous Trump tax cuts are likely to push the economy off a cliff — then it falls to the bottom like the cartoon character Wile E. Coyote. What has Bernanke […]
Escalating global trade war tensions, fueled by mounting Trump administration bravado, could retrigger the 2008 global financial crisis, warns the World Bank. This is the grim prediction that the bank foresees in their latest Global Economic Prospects report. The World Bank is a 189-member international financial institution that provides loans to countries, especially in the […]
Japan Post Bank (JPB) will increase its investment allocation to alternative assets, including real estate, hedge funds, private equity, and private debt by about ¥7 trillion ($64 billion) in the next three years. The move comes as a strategic decision to offset an expected yield decline in the Tokyo-based bank’s massive holdings in Japanese government […]
The flamboyant founder of the Virgin Group in the UK, billionaire Richard Branson, is making an entry into private equity for the first time. Branson has joined with $2bn London-based Metric Capital to create an investment vehicle that will make targeted PE investments in consumer businesses. Branson plans to raise $500 million from institutional investors […]
