Nov 18, 2019 | Wealth Management
This week, stocks hit all-time highs and continued to climb. Yields are also rising and corporate bond spreads point to investors being more confident with the current economic conditions. The yield curve, whose inversion set off alarms about the risk of a recession,...
Nov 3, 2019 | Wealth Management
Hong Kong’s economy contracted sharply in the third quarter as it entered a recession. Third-quarter gross domestic product retreated 3.2% from the previous three months, after a 0.4% contraction in the second quarter. Two consecutive periods of negative growth mean...
Oct 7, 2019 | Wealth Management
Earlier this week, Charles Schwab announced that starting Oct. 7, clients can buy and sell stocks and ETFs listed in the U.S. or Canada online for free instead of the 4.95/$6.95 per trade fee. Next day, TD Ameritrade and ETrade reluctantly followed. Fidelity and the...
Aug 25, 2019 | Wealth Management
Earlier this week, UBS revealed that its Yield Enhancement Strategy or YES that manages $5 billion, has lost at least $60 million YTD of investor money at its retail client accounts. Ordinarily, this would come as no surprise at a hedge fund and would hardly make the...
May 12, 2019 | Wealth Management
Unlike in the US where, if there was a selloff in the stock markets, you would hear it ad nauseum from the CNBC, CNN, Bloomberg etc., where experts weigh in on the reasons causing the drop in the Dow, S&P 500 and the Nasdaq – in China, it is a different...
Mar 17, 2019 | Wealth Management
The phrase “What a difference a year makes?” is used in common parlance. But lately, this timeline has been squeezed into one week prompting people to ask the question – “What a difference a week makes?”. Let’s look at the happenings in just the past week:...
