"Wealth Effect" = Widening Wealth Inequality | Zero Hedge
Note that widening wealth and income inequality is a non-partisan trend. The political and financial elites have feathered their own nests while the bottom 95% have lost ground.
The irony is some still call Obama a marxist...duh the wealth disparity kept going unchecked even under his tenure. Of course it will take a magnum leap under this deviant.
that's why assets are flying. the top 0.1% dont know what to do with their dough.
The latest thing is Family Offices, where investment banks set up am 'office' to manage the wealth of a billionaire family, make sure they pay very little in taxes, have lawyers on staff etc. led by a senior banker.
that's why assets are flying. the top 0.1% dont know what to do with their dough.
The latest thing is Family Offices, where investment banks set up am 'office' to manage the wealth of a billionaire family, make sure they pay very little in taxes, have lawyers on staff etc. led by a senior banker.
Often off-shore.
Look ot up. 12/26/17