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:...
Feb 24, 2019 | Wealth Management
Earlier this week, Zimbabwe, which has been using the U.S. dollar for the past decade, announced that it is back to using its own currency again instead of the US dollar. The primary reason was that the country was running out of U.S. dollars and the dollars stored in...
Jan 20, 2019 | Wealth Management
At a time when the government shutdown is expected to a have much greater impact than previously projected, coupled with earnings season from major companies disappointing, it is hard to understand why we have a rally in the stock market. Here is what we know –...
Oct 21, 2018 | Wealth Management
The last two weeks have been a wild ride in the global financial markets, with U.S. stocks sliding while Treasuries climbed. From technology to retailers, signs of price pressures are starting to show at U.S. companies, contributing to the worst October start for the...
