Daily Wealth Letter from The Wealth Forums 05 Aug 2016

Reports — By on August 5, 2016 at 10:59 AM
Ian Brodie

Ian Brodie

Daily Wealth letter

a daily synopsis of the wealth news that’s most relevant, timely and dependable

Compiled and edited by Ian Brodie of The Wealth Forums (www.thewealthforums.com)

NUMBER 269  FRIDAY,  AUGUST 5, 2016

New challenge to Piketty’s theories

There’s yet more evidence that Thomas Piketty may have got it wrong on what causes global inequality. READ MORE: http://thewealthforums.com/2016/08/05/new-challenge-pikettys-theories/

Tata setting up venture capital fund

Tata Sons Ltd’s chairman emeritus Ratan Tata is gearing up to get more serious and institutional about the early-stage investing business, after a prolific run as an angel investor.  READ MORE:http://thewealthforums.com/2016/08/05/tata-setting-venture-capital-fund/

No easy cure for Italy’s banks

After an already disastrous start to the year, Italian banks plunged 30% following the Brexit vote. Obviously there is no direct link between Brexit and Italy, but the uncertainty of the UK leaving the EU had ripple effects on Italy, shaking up its very fragile banking sector.  READ MORE:  http://thewealthforums.com/2016/08/05/2683/

The Wealth Letter is published every business day by The Wealth Forums: www.thewealthforums.com

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