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There are no strong signals of a global recession and we're in the early stages of the great wealth transfer, says HAMISH MCRAE

We're in the early stages of the great wealth transfer. That's money being passed from the older baby boomers and the so-called silent generation to Generation X. It runs into trillions.

There are no strong signals of a global recession and we're in the early stages of the great wealth transfer, says HAMISH MCRAE

We haven't written up this one. This Is Money has the full story — the link below goes straight to it.

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Brazil ETF Jumps 14% as Flávio Bolsonaro Tops Round One

Brazil's main US-listed ETF, EWZ, gained 14% after Flávio Bolsonaro led round one. What drove it and what the 25 October runoff means for US investors.

  • Flávio Bolsonaro wins first-round Brazil election with 47.03% of votes
  • iShares MSCI Brazil ETF (EWZ) rises 14% in a week
  • Runoff election scheduled for October 25 with 88% Bolsonaro win chance

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