We are still in a post-crisis environment, and enough people are still negative on equities, and interest rates are low enough, to provide plenty of purchasing power. We therefore expect it to be an ok period for equities over the next year or two – not outstanding given our …
‘Invest, borrow against it, and die’: Scott Galloway explains how the rich avoid long-term capital gains taxes If you think the U.S. tax system is complicated, you’re not alone. Scott Galloway, professor of marketing at NYU Stern School of Business, believes the complications are the result of various loopholes designed to help wealthy people. “The […]
By Edward Hugh In an article entitled “Why Japan’s GDP Plunge Isn’t As Bad As It Seems”, Bloomberg writer Bruce Einhorn put it like this: The last time Japan raised the consumption tax, in 1997, the economy went into a tailspin. The impact doesn’t seem to be as bad this time, …