While global equity markets have been on the rise, the valuations of developed international and emerging market stocks are still below their pre-financial crisis levels.
The impact of tax legislation on stock returns
During the fourth quarter, the U.S. enacted the first major overhaul of the federal tax system in more than 30 years. The primary impact of tax reform on stock prices should be increased corporate earnings…
The value of valuations
So, the great negotiator and deal-maker (self-admitted) is now engaged in international brinkmanship over tariffs and trade. He can claim he is being true to his electioneering promises…
Emerging Markets Equities
What’s to like about Russia? Most emerging markets tell a simple story of strong growth, favorable demographics and rising incomes. Russia appears to have none of this…