The recent natural disasters across the world has brought climate risk to the fore. This has also caused concern among some about overly investing in physical assets. In this article, we discuss the new-age risk associated with physical and financial assets. Climate and technology All investments are exposed to some risk. Investment in bank deposits
Value of gold bar reaches $1M for 1st time A bar of gold is now worth $1 million. Fox – LA The price of gold hit an all-time high this week, driving the price of a standard gold bar up to $1 million for the first time ever. A typical gold bar as we think
Investors who adhere to the contrarian investment philosophy can find resonance in the experiences of Bruce Flatt, CEO, Brookfield Asset Management. In contrast to many of his counterparts, Flatt refrains from hastily investing in the latest trendy stocks or assets. His approach involves going against the prevailing market sentiment and making bets that diverge from
Amid ongoing geopolitical tensions and economic uncertainty, gold prices remain strong, but silver might offer more room for growth, according to Jonathan Barratt, CIO of Probis Securities. In a recent interview with CNBC-TV18, Barratt noted that while gold is holding steady at $2,500 per ounce, silver is still well below its record highs. This presents
Tim Walz on JD Vance: ready to debate Democratice Vice Presidential nominee Tim Walz campaigned with Kamala Harris on Tuesday — and said he’s looking forward to debating JD Vance. Fox – 2 Detroit A record 58% of Americans owned stocks in 2022, according to the Federal Reserve. Democratic vice presidential nominee Tim Walz was
The Union Budget for 2024-25 increased the short-term capital gains (STCG) tax rate from 15% to 20% and the long-term capital gains (LTCG) tax rate from 10% to 12.5%. This widening of the tax gap from 5% to 7.5% has sparked considerable discussion about the challenges it poses for PMS strategies, especially those with high
The data for this study were collected between mid-January and mid-May 2024, by means of a survey of firms with 10 or more employees. Firms across five different sectors answered questions about their expectations for investment in tangible assets, such as buildings, machinery, transportation equipment or computers. Largest increase expected in energy supply sector Businesses