Countries Without Recessions For The Longest Time

Australia is known as the “Lucky Country” since it hasn’t had a recession for the highest number of years. In addition the country is also lucky because it is blessed with rich natural resources. Some of the other countries without recessions in many years are shown in the chart below:

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Source: RFE/RL

It is interesting that India is the next top country with no recessions since 1996.

 

Knowledge is Power: Best Canadian Stocks, Automation Ironies and Frontier Markets Edition

The Shanghai Composite is leading global indices this year with a jump of over 21% so far. India is up by over 5% while Brazil has increased by a decent 12% year-to-date. In developed Europe, DAX is up by over 10%. It remains to be see if the rest of the year adds more returns to global markets or they where they will end by December.

Below are some interesting reads for this weekend:

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Prague, Czech Republic