Worsening US-China Relations on Forced Consulate Closures, Intel’s 16% Price Plunge on Friday and Gold’s Rally to Near Record Highs caught our attention this week.
46% of S&P 500’s market cap will report 2Q results next week. Narrow market breadth and fairly expensive valuations imply that some profit-taking could be due, should management guidance proves underwhelming.
The looming expiry dates of US Covid-19 stimulus, deadlock on the Europe Recovery Fund, China’s stock market fears and the proposed merger of ESR-REIT and Sabana REIT caught our attention this week.
We compiled the withholding tax rates applied to foreign stock dividends, across several countries. We highlight instances where US-domiciled ETFs may actually still be relevant, despite a 30% or higher withholding tax rate.
The Founder of the World’s Largest Hedge Fund shared his views on the current economic recovery, the market impact from Central Bank actions and the best store of wealth in this environment.
Having investable assets of $5 million or more will likely qualify you to start a Private Banking relationship. But what are the advantages of setting up a Private Banking account?