Is It Time To Tax Stock Trading?

In the economist’s utopian vision of the stock market, clearheaded investors diligently evaluate companies and invest only in the ones they expect to grow and thrive. In the process, investors direct resources where they’ll be most productive, benefiting the overall economy.

With Saudi Aramco, Oil is not Dead Yet

On Wednesday 11 of December, the World’s largest integrated oil and gas company (and fourth largest integrated refiner in the world) officially listed on the Saudi Stock Exchange after its IPO by selling 1.5% (equivalent to 3 billion shares) of the company’s share capital ($1.7 trillion at valuation) to the public, thereby making it surpass the amount Alibaba raised in 2014 ($25 billion) as it raised a record $25.5 billion- Largest IPO in the history of mankind.

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