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Imagine Canada becoming a tax haven for Americans

Taxes on rich Americans are probably going up if Democrats win both the presidency and Congress anytime soon. Whether it’s to provide revenue for more government spending on health care or the environment, or simply to reduce inequality, it seems likely that the well-off will pay more. The idea receives wide support. Exactly which type of taxes would go up, ...

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Chinese state media add more fuel to $882 billion equity rally

Bloomberg Chinese state media sought to highlight the growing bull case for the country’s shares. A front-page story in the China Securities Journal noted a bullish trend in financial markets, while Shanghai Securities News said insurers are optimistic about the country’s equities. The articles come against the backdrop of the Shanghai Composite Index advancing 12 percent from Jan. 3 and ...

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‘Global equities still better value than bonds’

Bloomberg Earnings growth will continue to underpin equity gains despite more frequent bouts of volatility and mounting risks for financial markets, according to Lazard Asset Management. The US economy is in much better shape than investors believe and current market valuations suggest, Ronald Temple, co-head of multi-asset and head of U.S. equity at the $216 billion investment manager, told a ...

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