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Britain And European Economic Growth Sputters

Yesterday's Commentary touched on the divergence between robust economic growth in the U.S. and near-recessionary conditions in Canada. We highlighted the importance of this to U.S. investors because of the historically strong correlation between the two economies. Unfortunately, Canada is not a one-off instance. Britain, Europe, and China also exhibit poor economic growth. Given the U.S. operates in a global economy, it's hard to imagine that economic stagnation...

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The Role of Tax-Efficient Investing in Wealth Accumulation

When it comes to building long-term wealth, it’s not just about how much you earn but how much you keep. Taxes can significantly impact your investment returns, making tax-efficient investing a crucial component of any wealth accumulation strategy. By utilizing tax-advantaged accounts, employing strategies like tax-loss harvesting, and selecting tax-efficient funds, investors can reduce their tax burdens and maximize after-tax returns. Why Tax-Efficient Investing...

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2024-12-16 – Press release – SNB adjusts remuneration of sight deposits

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2024-12-16 – Data portal – Important monetary policy data, 16 December 2024

Required: These cookies (e.g. for storing your IP address) cannot be rejected as they are necessary to ensure the operation of the website. These data are not evaluated further.Analytics: If you consent to this category, data such as IP address, location, device information, browser version and site visitor behaviour will be collected. These data are evaluated for the SNB's internal purposes and are kept for two years.Third-party: If you consent to this category, third-party services...

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Swiss Bitcoin App Relai Raises US$12M Funding, Eyes MiCA License for EU Growth

Swiss-based cryptocurrency app Relai has secured US$12 million in funding to drive its expansion across Europe. The investment was led by ego death capital with participation from Plan B Bitcoin Fund, Timechain, and Solit Group. The heavily oversubscribed funding round will enable Relai to enhance its platform, streamline the Bitcoin buying process, and educate users on the benefits of the crypto as a savings tool. Relai also shared its plans to obtain the Markets in...

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