Daily Wealth Letter from The Wealth Forums 29 Nov 2016

Reports — By on November 29, 2016 at 2:32 PM
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 345  TUESDAY, NOVEMBER 29, 2016

Singapore’s fund gets new head

One of the world’s largest sovereign wealth funds has chosen a new chief executive as it braces for a decade of lower earnings, the UK’s Daily Telegraph reports.  READ MORE: http://thewealthforums.com/2016/11/29/singapores-fund-chooses-new-head/

US: Shocking racial wealth divide

The wealth discrepancy between blacks and whites is one of the most stark examples of inequality in America. White American families have, on average, around $142,000 in savings and assets, minus debt. Black families’, meanwhile, amounted to only $11,000, according to a 2014 Pew Research study.  READ MORE: http://thewealthforums.com/2016/11/29/us-shocking-racial-wealth-divide/

Brexit blow to UK wealth

It looks like the British will be leaving the European Union with much lighter wallets, CNN reports.  READ MORE: http://thewealthforums.com/2016/11/29/brexit-blow-uk-wealth/

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

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