Markets are still bullish, although even more overbought than last week. Today’s unexpected employment report provides fuel for higher prices. MLPs are leading momentum in all high dividend paying ETFs. Defense and Transportation (Airlines) showed strength this week. Value plays have rebounded sharply, while software companies look vulnerable with high valuations. Defaults are rising. Investors have piled money into cash equivalents. We look at the EUR/USD and Palladium also.
Volaitlity is spiking to levels not seen since 2008. Should long-term minded investors run for shelter?
With no light at the end of the tunnel these bleak times seem desperate. But what happens usually after VIX spikes like the one we are currently experiencing? We look at the months and years after intense volaitility to find solace in the future of the economy.
If you approaching pension age and are resident in a low tax jurisdiction (Russia, for example), you could take advantage of the UK’s flexible drawdown regime from age 55. If you are non-resident for tax purposes, although you might in future return to the UK to live, or indeed to another country, you may be able to receive the full value of your fund liability to UK tax and so without deduction of tax at source. By investing the proceeds properly, you could obtain tax free growth whilst you are outside the UK and then benefit from withdrawals of 5% per annum tax free when you are back in the UK.
Owners of second homes or buy-to-let properties must brace themselves for a seismic shift in how capital gains tax is paid, on top of the rule changes for non-residents who own UK property.
UK Car Park company Park First has run into trouble. We have strong doubts that investors will recieve any money back.
This is another example of an investment (we avoided and warned against) that has lured many Russian clients into losing all their money. If you have been affected, please seek the correct channels for communicating your dispute.
Spanish property prices have been coming back recently. With all the UK residents living on the Spanish Costas, can this continue? Brexit could thow the area back into the a recession, if UK expats retreat home. Three factors having the most impact include, residency, pension levels, and access to affordable healthcare.
UK persons looking to return to the UK after a period of time ‘offshore’, and people who are moving to the UK, should be aware of a number of benefits which can smooth the transition of your investment portfolios. Although UK fiscal regulations are a wide-ranging and complex, we will try to simplify and provide Read more ➝
For Stocks and ETFs only As we highlighted on our social media channels, last week most major US brokers slashed online trading commissions to zero for stock and ETF trading. That news event made Barron’s cover page this weekend. While on the surface this news should be welcomed by investors, especially those focused on trading Read more ➝
US markets reversed on Trump’s 10% tariff tweet. Time to sell?
Investors are expecting a decerease in US interest rates this month. Usually, that is bullish for markets when the indexes are near all time highs.