Retirement

Henry Fernandez, chairman and chief executive officer of MSCI Inc. MSCI provides investment decision support tools to investment institutions worldwide.  © 2018 Bloomberg Finance LP With the market hitting new all-time highs, it’s difficult to be anything other than bullish. But stocks are not as cheap as they were at the start of the year
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Water Pepsi Getty PepsiCo, Inc. is beating the Coca-Cola Company on Wall Street. PepsiCo’s shares have gained 19.45% for the last twelve months and 49.20% for the last five years, compared to 15.75% and 22.13% for Coca-Cola. But both companies have underperformed the overall market—see table 1. Table 1 Pepsi’s Shares Outperform Coke’s On Wall
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French President Emmanuel Macron. France is imposing a new digital tax targeting Google, Apple, Facebook and Amazon.  © 2019 Bloomberg Finance LP France just imposed a 3% tax on the French revenues of Google, Apple, Facebook and Amazon. But these companies are not going to be any less profitable because of the tax. If Google, Apple, Facebook or Amazon
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