YOUR MONEY - Do the math before you pick the expensive school zone

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Reuters Money Make sense of the market.       Tweet       Share YOUR MONEY - Do the math before you pick the expensive school zone For John Bohnsack, it was a classic parental dilemma: Get a small, expensive house in a high-quality school district, or pay less and get more house in a worse neighborhood. UBS looks to Sumitomo Mitsui tie-up to crack Japanese wealth UBS signed a joint venture deal with Sumitomo Mitsui Trust on Friday, aiming to crack a Japanese wealth management market where it has struggled to grow over the last 15 years. World bonds wave recession flags as future inflation evaporates After almost three years of successfully predicting a global economic revival, world bond markets are furiously flagging the risk of yet another recession, as well as low inflation for a generation. Investment grade bond funds suck in record $12.3 billion as investors ditch stocks: BAML Investors plowed a record $12.3 billion into investment grade bond funds and ditched equities over the past week, Bank of America Merrill Lynch said on Friday, as worries over trade tensions and the world economy reinforced a run for safe-haven bets. Investors piled into U.S. Treasuries, money-market funds amid trade tensions: Lipper Investors' aversion to risk-taking intensified in the latest week, stemming from trade tensions between the United States and China as well as Mexico, with U.S.-based domestic equities funds posting $10 billion of cash withdrawals, according to Refinitiv's Lipper research service on Thursday. Investment bank environment still very fragile says UBS Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender's own business was performing in line with the industry. U.S. money market assets grow six straight weeks: iMoneyNet U.S. money market fund assets rose for a sixth consecutive week, bringing the total to a fresh nine-plus year peak as investors piled cash into low-risk funds on concerns about global trade tensions, a private report released on Wednesday showed. YOUR MONEY: Renovating after a natural disaster? Planning is key For the Parkers of Houston, Texas, there will be no summer vacation this year because they are still paying off the dent in their finances left by 2017's Hurricane Harvey. Related Videos Introducing the all-new Reuters News app The new Reuters News app is here, redesigned from the ground up to fit your busy life. Get it now on iOS Your world. Your news. More Newsletters Get Reuters News App Get Reuters TV App               © 2019 Thomson Reuters. All rights reserved. 3 Times Square, New York, NY 10036 Email Preferences    |   Privacy Policy    |   Terms and Conditions