Will London's status as a financial capital be threatened by the United Kingdom's recent Brexit vote? If so, which global financial centers stand to gain the most from the City's loss? We polled readers of CFA Institute Financial NewsBrief to find out.
However bad you think a given development is, it is worth remembering that the productive step is to put your focus in a positive place. Real businesses were built during the Great Depression. People made money during the financial crisis. Despite myriad predictions to the contrary, the sun still rises every day in the east.
In this edition: recent developments such as Brexit as well as insights from investment luminaries, including a Nobel Laureate's advice to his children on managing money and Edward Altman of Altman Z-score fame on global credit markets.
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