Hong Kong’s wealthy missed out on the ‘Trump bump’
Hong Kong’s multi-millionaires failed to adjust their portfolios in time to benefit from strong equity markets after the 2016 US presidential election, a Citi survey revealed.
Donald Trump
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Key Republicans lobby US Treasury to repeal Fatca
Two senior Republicans have called on the Trump administration to commit to repealing the Foreign Account Tax Compliance Act (Fatca) as they announce plans to overturn the legislation.
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Coombs: European market recovery a ‘false dawn’
Europe is “cheap for a reason” according to Rathbones’ David Coombs, who said the recent turnaround in markets on the continent could be a false dawn for investors.
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US equity flows reverse as Trump rally falters
Equity funds suffered their first annual weekly outflows from US investors since the election of Donald Trump, according to Lipper fund flows data.
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Quilter’s bets on ‘Trump lite’; remains wary of ‘dark Donald’
Quilter Cheviot’s Alan McIntosh is optimistic about what president Trump will mean for markets but with Brexit and European elections still to come this year, he is hedging some of his bets.
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US equity bull market to keep on rolling: Morningstar
After a slow start, US equities gathered steam towards the end of 2016 to become the sector’s best performer, a sign that the durable US bull market keep on rolling.
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US tops newly-launched ‘Political Stability Index’
Charles Stanley has launched a new Political Stability Index to help investors assess the level of risk in the major developed stock markets.
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US equities – the Trump honeymoon period continues
A little over a month into Donald Trump’s presidency, US equity indices are at record highs and money keeps flowing into the asset class. Are markets right to be sanguine?
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Trump tweets on US stocks winning streak , but is he right?
The S&P 500 stock index posted a record high on Wednesday, prompting Donald Trump to tweet enthusiastically that the market was on its “longest winning streak in decades”. Is this correct, or are we dealing with just another alternative fact?
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Sorting through the winners and losers post-Dodd Frank
The dismantling of Dodd-Frank will give European banks with ties to the United States a competitive advantage and could influence other nations to adopt a more competitive regulatory scheme.
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Trump slams brakes on fiduciary rule
Donald Trump is to sign a directive halting the implementation of the Department of Labor’s fiduciary rule, which requires financial advisers of retirement products to act in the best interests of their clients.
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Fiduciary rule critic loses White House job on ethics grounds
A vocal critic of the US Department of Labor’s (DoL) fiduciary rule, Anthony Scaramucci, will no longer be appointed to a role in Donald Trump’s White House due to an ethics conflict.