International property consultants say that there has been a shift among real estate investors to alternative assets in Asia Pacific which offer more attractive yields and stronger long-term growth prospects. According to Rohit Hemnani, Head of Alternatives, JLL Asia Pacific, the alternative real estate market in Asia Pacific is still not as mature as the […]
Gary Cohn, the Goldman Sachs banker turned advisor to President Trump and now former head of the National Economic Council, says that personal tax cuts passed in recent tax overhaul legislation should be made permanent. The Tax Cuts and Jobs Act of 2017 made deep cuts to both corporate and individual tax rates, but only the […]
Renters in the Golden State have had enough. They’ve collected more than enough signatures to put rent control on the ballot this fall. The Costa Hawkins Rental Housing Act passed in 1995. The law made it illegal for a number of Californian cities to exert rent control on structures built after 1995. The law retroactively […]
Elder abuse perpetrated by financial scams are on the rise, to the tune of about $37 billion dollars every year. According to a study by New York State’s Office of Children and Family Services, over 5 million senior citizens are victimized by financial scams. The study’s authors called the figure “grossly underestimated.” For every instance […]
During the past few months, investors have had to contend with market volatility, an increase in interest rates and uncertainty about the direction of the yield curve and the stock market. To complicate matters, those looking to take short-term profits presently face another unknown variable: May through November has historically been a six-month weak stretch […]
According to a recent report, gold is expected to deliver an unprecedented price performance in 2018 and beyond. The Gold Survey 2018, published by the GFMS Metals Research, a unit of Thomson Reuters, says that uncertainty in the markets is fueling the yellow metal’s safe-haven character, leading to an increase in investments in gold bars […]
In the last two years, the cannabis industry has seen spectacular growth. Some pot stocks have risen by as much as 1,000% since 2016. However, investments in frontline marijuana stocks may not have much upside to offer now, as many people are potentially over-invested in them. Looking at the current stagnation in the mainstream marijuana […]
Deutsche Bank, Germany’s largest bank, accidently issued $35 billion to an international exchange that wasn’t owed. The event is almost too staggering to comprehend. The market value of Deutsche bank itself is only $30 billion. Representative from Deutsche Bank categorized the event as an “operational error.” The colossal financial blunder occurred in late March 2018. The mistakenly […]
Though they may be loathe to admit it, investors have been spoiled for the past decade and largely shielded from the risk of even a mild downturn in the market. Pampered by 10 years of historically unprecedented low interest rates and an unwavering Federal Reserve policy of easy money, many investors have been disquieted by market […]
Nearly 42,000 Berkshire Hathaway shareholders last weekend made the pilgrimage to Omaha, Nebraska to hear Warren Buffett and his longtime business partner Charlie Munger answer six hours of questions and answers at an annual meeting of shareholders. Buffett, among the world’s wealthiest people, had as usual many homespun nuggets of investing wisdom to offer. But […]
