Morning Macro – MacroBusiness

The rebound is underway as falling buyers step in amid a rapid stock market correction as the COVID-19 delta variant continues to wake up risk-takers and even policymakers. Wall Street saw a rebound of around 1.5% across the board while European stock markets hit about a third of that level, …

Read More »

ASX to rise, global stocks stage relief rally

The “move in stocks is in line with the market’s long-standing confidence in abundant and predictable cash injections,” Mohamed El-Erian said in a tweet. BHP plans to pull out of oil and gas in a multibillion-dollar exit as it seeks to accelerate its withdrawal from fossil fuels, Bloomberg News reported, …

Read More »

Investors with concentrated equity positions face heightened risks from a potential increase in capital gains tax rates

Diversifying portfolios to reduce risk could lead to higher capital gains liabilities, seriously eroding investment returns and personal wealth STAMFORD, Connecticut, July 20, 2021– (BUSINESS WIRE) – According to O’Shaughnessy Asset Management, LLC (OSAM), a leading quantitative asset management company and developer of the Canvas custom indexing platform®, investors with …

Read More »