Trading Edges That Last
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As of this time on Friday, S&P500 has repaired all its losses after Brexit. Yet, British Pound is trading near the post Brexit low which is some 12% lower while ...READ MOREJust a short explanation of what to expect if Ebola spreads to major cities. A smart move by the people is to avoid crowded places with a lot of ...READ MOREThe irrational investors always make the same mistakes again and again because they act on their emotions. The funny thing is, many hedge funds behave exactly the same way, for ...READ MORESurreal story of a bank CEO stashed away $4.5 million in his home, hidden in the bookshelves inside shoeboxes. Forget about soup opera and sitcom, it is far more ...READ MOREThe official Federal Open Market Committee announcement on May 1, 2013 contains an interesting statement that every market participants should think about. The all powerful Fed says in ...READ MORELatest fun idea to boost the economy is here. http://www.zerohedge.com/news/2014-08-26/it-begins-council-foreign-relations-proposes-central-banks-should-hand-consumers-cas Well, since Bennie suggested the money to be distributed through a lottery process (i.e. bottles of banknotes), I ...READ MOREEurope has been on life support ever since the start of the financial crisis. One key mechanism that will be put in place is the ESM starting July 1, 2013. ...READ MOREAccording to the latest report from Bloomberg, the official WM/Reuters rates are rigged for a long time. The article is a good read for any forex traders not aware of ...READ MOREBernanke's speech today (July 10, 2013) essential tells us one and only one thing - the Fed must react to the strengthening US dollar. No matter what he says or ...READ MOREThe Madness of QE Has To Stop NowPost Brexit WorldThe Economic Impacts of Ebola Spreading To MajorGoogle The Latest Casualty Of Hedge Funds MoronicBank CEO Prefers Shoeboxes Over His Own BankInteresting Read On FOMC AnnouncementGiving Money Out To People Directly To BoostThe Most Critical Time Since The Start ofForex Settlement Rates Have Always Been RiggedBennie Finally In Panic: Must Hammer US Dollar
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Tax On All Forms Of Assets Coming?
I wrote about the possibility of asset tax coming to town in the 3rd instalment of my bartering series.
Now, London is the first city to strike their foreign investors.
Straight from Bloomberg,
http://www.businessweek.com/news/2013-12-04/london-assembly-votes-in-favor-of-foreign-property-investor-tax
This is going to turn ugly everywhere.
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