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How to Protect Your Wealth From Tariff Turmoil
How to Protect Your Wealth From Tariff Turmoil

Bloomberg

time5 days ago

  • Business
  • Bloomberg

How to Protect Your Wealth From Tariff Turmoil

Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. Stock markets are feeling chipper. Record highs (in local currency terms) are the order of the day. From the US S&P 500, very much accustomed to making new highs, to the FTSE 100 — somewhat less used to the 'fresh record' buzz — to the Japanese Topix index, which up until very recently, hadn't enjoyed a new high since the 1980s.

Why Rachel Reeves Should Resist a UK Wealth Tax
Why Rachel Reeves Should Resist a UK Wealth Tax

Bloomberg

time22-07-2025

  • Business
  • Bloomberg

Why Rachel Reeves Should Resist a UK Wealth Tax

It's impractical, it's self-defeating, and it would make Britain's already narrow tax base even more fragile. Welcome to the award-winning Money Distilled newsletter. I'm John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money. You might — just might — already be aware of this, but the UK's public finances are in a sorry state. New figures out today showed that public borrowing was higher than analysts surveyed by Bloomberg had expected in June.

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