Residential property is the world’s biggest asset class. It has an estimated value of USD 100trn–120trn, up to 50% greater than 更多 current annual world GDP. Moreover, it is a highly leveraged asset class with outstanding residential loans of about USD 30trn.
Second-quarter earnings season is underway, with reports from roughly a quarter of the S&P 500 by market value now in the books. So far, the major trends over the last couple of quarters remain largely unchanged. 更多
Facebook was taken to task this week in hearings, we expect Congressional leaders and the Trump administration to soon reach a bipartisan deal on the budget and the House passed an extension of the September 11 Victims’ Compensation Fund through 2090. 更多
Dovish comments from Fed officials yesterday increased market confidence that the US central bank will act pre-emptively to protect growth. 更多
What and how we eat now differs from what and how we ate only a generation ago and will differ from what and how we eat in a decade’s time. The Chief Investment Office examines some of the innovations at the cutting edge of what we may be eating in the future, including gene-edited food. 更多
Art Cashin, the Director of Floor Operations at the NYSE for UBS, discusses the latest news and events impacting the markets. This week, Art provides his thoughts on current valuations with US equity indices continue to hover at or near record levels and the week ahead. 更多
This week marks the 50th anniversary of the first lunar landing. A lot has changed since Neil Armstrong took his “one giant leap for mankind”. One thing that has not, however, is the dream of space travel. 更多
Retirees subject to required minimum distributions (RMDs) must take them every year, or they risk being penalized. The IRS allows these annual distributions to be taken as early as 1 January and as late as 31 December; however, they don't specify exactly when they should be taken within the year. This often raises the question "when should I take my RMD?" 更多
Global equities declined 0.5% on Thursday, as investors digested a weak start to the second quarter earnings season and reports that US-China trade talks were at an impasse. Japanese export data added to pessimism, with the seventh consecutive monthly decline, and a 10% y/y fall in shipments to China in June. 更多
Could the number of steps you take or your social media usage affect your insurance and other parts of your financial life? Potentially. Companies are gathering behavioral information and developing algorithms to analyze patterns. Cyber-security becomes even more paramount as “data” becomes more than just credit card numbers, but also a window into how you live. 更多
The world's population is set to grow by two billion by 2050, according to UN projections, and a billion will rise to the ranks of the middle class over the next decade. 更多
Despite its unique characteristics, we have more questions than answers on Libra at this stage given the uncertainties around its governance and regulation. 更多
We are facing a healthcare crisis in the US that arguably has less to do with the quality of clinical care than with the myriad inefficiencies built into the delivery system. 更多
At first glance, the first half of 2019 was a gloomy time for renewable energy. Global capital investment on wind, solar, and hydropower fell 14% to its lowest level in five years, according to Bloomberg New Energy Finance. 更多
"Since 1950, the price of healthcare has increased at a faster pace than nearly every other good and service outside of education. Why is this happening, and could we be spending almost all of our money on healthcare some day?" 更多
The House Ways and Means Committee recently advanced the PRIDE Act, which would use gender-neutral language in the tax code. Meanwhile, the clock is ticking quickly on the need for Congress to set funding levels for the federal government's discretionary budget for next year and to extend the debt ceiling. 更多
Having and raising a child is a dream come true for many people. However, the journey to parenthood can be different for everyone. Some individuals may turn to fertility assistance or adoption. Both of these alternatives are often a costlier path to parenthood. Beyond the emotional aspect of creating a family in a nontraditional way, there is also the financial side to consider. 更多
After breaching 3,000 intraday for the first time on Wednesday, the S&P 500 finally closed above this milestone on Friday. But while investors are likely pleased with their equity market returns so far this year, many may also now be worried about staying invested with the market at an all-time high. 更多
The Federal Reserve looks almost certain to cut rates in the coming weeks. But will this be sufficient to drive a strong rally in equities? While we expect modest upside for stocks in our base case, valuations and corporate fundamentals don’t point to a 'melt-up'. 更多