Wall Street fears recession and markets cannot move higher until the Fed gets more dovish. Until then, expect more temper tantrums. Washington Republicans took 15 rounds of voting to elect a speaker, the first time in a century this has happened.Read More
A paradigm can be colloquially defined as a set of standards or rules or a pattern by which we can attempt to determine or interpret the future course of events. A paradigm shift is a substantial change in those concepts or patterns. Today, the world of international tax and investment finds itself at the heart...Read More
With the recent rally in equity prices, the Fed has to be very careful on Wednesday as to the language and specific words it uses going forward. Markets appear to be pricing in a “pivot” to a more dovish to even though the broad consensus remains a 75bp hike in rates.Read More
There are currently 70% of stocks below their 52-week high. In the past during major bear markets, we peak at 80% prior to a recovery in equity markets.Read More
As to the fundamentals, history suggests that the rapid rises in the dollar, interest rates and oil prices over the past couple of years represent a uniquely bearish trifecta that will likely have a very negative effect on earnings over the next year or so.Read More
The Fed has re-iterated it is willing to sacrifice a good economy, a robust labor market, and growth in order to get ahead of inflation. The problem is like several tightening cycles: Too late, too much, too fast, and as we enter a recession in clear denial: too long.Read More
The market shrugged off hawkish “fedspeak” and put in a 3-day rally. The stock market is now in “nowhere ville” between moving averages, no clear trend. Next week’s price action should set the tone (new uptrend or “bear rally”Read More
Succession planning involving international operations, or even pre- or post-immigration tax planning, are commonly based on the use of corporate structures in the country of origin and/or in another international jurisdiction. Therefore, some strategies are implemented to regulate the transfer of assets, rights, and income between the individual and/or the corporate structures located in the...Read More
Inflation remains persistent. Economic data showed a “mixed bag” this week. This implies so far that inflation remains uncontained with wages, consumer spending, GDP, and demand under-pacing the current inflation rate of 8.5%.Read More
