Friday Investment Talk: Russian Taxes, Market Valuation, MLPs and Credit Quality

AVC partners review Veronika’s participation in the Russian Portfolio Investment Conference where she discussed our Dividend Investment Research (DIR), and the new 13 to 15% income tax for Russian non-residents, down from 30%.  

We reviewed the influence of recent central bank actions stocks and bond pricing. Credit quality is likely to become more of an issue later this year when evaluating income producing investments. We look the effects of this on the MLP market. The debate on value vs. growth stocks is also taken up, while activity in inflation protected securities is highlighted.

This week’s market action was largely predicted last week. So, we look now at the budding trend in higher volatility and more directionless trade this summer as renewed COVID fears, the strength of the Democrats going into the US elections, and increased government intervention all come into investors radar.