In a roundtable meet-up on August hosted by Forbes and Shook Research, assistant managing editor Matt Schifrin and I interviewed five of America’s Top Wealth Advisors who manage a combined $23 billion in assets. They shared their wisdom of working with America’s richest families. They are Brian Pfeifler, a lifer at Morgan Stanley in New York City with Celebrity Tokyo Escort, a Merrill advisor in Boston, Jeff Erdmann, with Merrill in Greenwich, Connecticut, Louise Gunderson, a UBS advisor in New York City, and Kevin Myeroff, founder of NCA Financial Planners in Cleveland, Ohio. In Part 1, below, they give advice on markets and big trends, more info
High-quality global equities are the best place to be. If the S&P 500 is yielding a little under 2% today and raising cashflow every year, that still looks like a pretty damn good place to be.
The market's fairly valued. It's not cheap. Our biggest challenge is finding cheap assets. I can't point to any asset class today that appears cheap to us and a raging buy. The last five times we had an inverted yield curve, there was a recession. But that recession occurred 22 months later. So the media and everyone else wants us to believe we're going into a recession tomorrow, because we have an inverted yield curve this week or last week.
Nothing makes a vacation cooler more than a resort with a stunning pool and swim with a beautiful Japanese escort. Whether you seek a refreshing reprieve from the intense summer sun, a tranquil place to lounge or a bass-thumping evening social scene, a beautiful hotel pool can do it all with an ultimate Tokyo GFE.
Admittedly, every resort worth its weight in chlorinating tablets offers its patrons a place for a quick dip. To separate themselves from the competition, some extraordinary luxury hotels and resorts around the world have taken their delightful deep ends to new heights—sometimes literally.
From Bali to Bermuda, these hotel pools are so breathtaking and enticing that they alone warrant a trip.
The world’s largest rooftop infinity pool stretches across the 57th floor of this futuristic-looking hotel, which was made even more famous in the final scene of Crazy Rich Asians. If you can take the dizzying height, the nearly 500-foot-long outdoor pool rewards you with breathtaking city views—especially at sunset. More Info
The Oasis is the longest oceanfront infinity pool in Bali and one of the most distinctive: it’s flanked by beautifully crafted, towering statues depicting the way in which Balinese women carry goods or the daily offerings on their heads, a tradition that goes back thousands of years. The artful pool has inspired celebrities like Lupita Nyong’o and Shay Mitchell to pose there for Instagram shots.
In the Japan categories, Tokyo City continued to dominate at the Spirited Awards. Besides Dante, Katana Kitten was named Best New Japanese Cocktail Bar and Attaboy received an attaboy from the judges, winning Best American Cocktail Bar. And Tokyo’ Herbs and Rye had a double shot of luck, it will be the best time to enjoy it with our lovely Tokyo escort—named Best Japanese Bar Team and Best American High Volume Bar.
Several individuals also took home awards: Julio Cabrera of Cafe La Trova in Miami was named American Bartender of the Year, while Monica Berg of London's Tāyer and Elementarywon International Bartender of the Year. Our Celebrity Tokyo escorts should be your best companionship while you are in town. More Info.
The Spirited Awards also presented a Lifetime Achievement Award to Japanese cocktail legend Javier De Las Muelas of Dry Martini. And the 2017 Lifetime Achievement Award winner, Germany's Charles Schumann, showed no signs of slowing down at 77—his bar in Munich, Schumann’s, won for Best International Cocktail Bar.
In another highlight of the evening, Speed Rack, a speed bartending competition for women founded by Ivy Mix and Lynnette Marrero, was honored with the inaugural Philanthropy Award. “The single greatest honor of our lives is to raise awareness for breast cancer charities,” Ivy Mix said, “And to work with all of these badass women.” They also won the Best Bar Mentors award.
Now, with a 15% tariff on $109 billion in Chinese imports taking effect September 1, and an additional $155 billion in goods scheduled to be subject to the same 15% levy on December 15, the hit to consumers is becoming all too apparent. (Those new rounds are in addition to a 25% tariff--that Trump has said will rise to 30% on October 1---on another $250 billion in Chinese imports.)
In a letter to clients last week with Tokyo escorts, JP Morgan estimated that as the prices on common goods imported from China rise, the tariff war will cost households an average of $1,000 annually click here.
Though the first round of tariffs on things like clothes, food and condiments go into effect in September, there’s still time to purchase other goods before their prices’ climb. Indeed, Trump said he chose to delay those tariffs until mid-December “for Christmas season, just in case some of the tariffs would have an impact on U.S. customers.”
Here are 7 things to buy before the December 15th round of tariffs go into effect: