Author Archive
Comparison of Debt Among the Ten Largest OECD Countries
The following chart shows the total debt as a percentage of GDP among the ten largest OECD countries: Click to enlarge Source: The Absolute Return Letter 2012, Absolute Return Partners LLP Australia, Canada and Germany have the lowest debt while Japan, UK and Spain have the highest debt as a % of GDP. The UK remains [...]
Banco Macro Dividend Payment Suspended
Argentina has taken center stage of global politics in recent weeks for all the wrong reasons. The country’s expropriation of the oil company YPF (YPF) from its Spanish parent Repsol (REPYY) has been met with widespread condemnation and retaliatory actions by Spain. In addition, already nervous foreign investors are further pulling their capital out of [...]
Five Latin American Utility Stocks To Consider
The never-ending European debt crisis has flared again in recent weeks with Spain taking the center stage this past week. While Portugal, Italy, Ireland and Greece were in the news in the past couple of years this is the first time Spain is becoming the focus of investors’ attention. U.S. equity markets have performed well [...]
Knowledge is Power: Normal Recovery, Euro Crisis, Profits Edition
India’s economic monsoon Where Have All the Profits Gone? Karl Marx Could Have Told You Oldham: All-out banking collapse is still possible ‘Greed is the Beginning of Everything’ Insurance or Redistribution? Five Years After Crisis, No Normal Recovery How to solve the euro crisis, by Jurre Herman, aged 11 Mexico City, Mexico
Knowledge is Power: Price Fixing, Mexican Banks, Market Boom Edition
Four Numbers Add Up to an American Debt Disaster: Caroline Baum The global financial crisis: What caused the build-up? Map: The world’s new ocean-spanning fibre-optic cables Lawrence Solomon: A world awash in oil Investors must plan their exit strategies The long bust Investing in a changing China: an uncertain outlook Price fixing Mexico Banks Resilient, But Global [...]
New Peruvian ADR: Cementos Pacasmayo
Pacasmayo Cement of Peru started trading on the NYSE from Feb 13, 2012 with the ticker CPAC.Pacasmayo is the second Peruvian cement company to trade on the US markets. Here is a brief overview of this new ADR from the press release: Cementos Pacasmayo is a leading Peruvian cement company, and the only cement manufacturer [...]
