On Friday Feb 20th, US banks Bank of America (BAC) and Citigroup (C) fell heavily on huge volume due to nationalization fears. Bank of America fell to $2.53 before ending the day at $3.79 after the White House reassured investors that nationalization was not in the cards. Similarly Citibank closed at $1.95. BAC is down …
Each year investors eagerly await the release of the Global Investment Returns Yearbook by London School of Business (LBS). This year’s yearbook was sponsored by Credit Suisse Research Institute and the researchers were Elroy Dimson, Paul Marsh and Mike Staunton of LBS. The authors urge investors to keep the faith with equities. What is the …
Continue reading ‘Summary of Global Investment Returns Yearbook 2009’ »
Stocks paying dividends are back in fashion among investors worldwide. Of course financial stocks that usually pay high dividends are not the favorite now. But other dividend stocks in sectors such as consumer staples, utilities, transportation, etc. are definitely worth looking at for long-term investment options. Dividend stocks in some countries have performed much better …
Continue reading ‘Downloads: Dow Jones Select Dividend Indices’ »
Emerging market economies are projected to perform better this year than the developed economies. Based on the year-to-date (YTD) performance of the foreign stocks trading as ADRs in the US, it appears that the above estimate might come true. The Bank of New York Mellon Asia ADR Index is down 15.25% YTD and the Bank …
Continue reading ‘Emerging Markets: Will Latin America Be The Winner This Year?’ »
Asia has two of the most populous countries of the world – China and India. They are also among the largest emerging markets in the so-called BRIC countries. Some of the countries in Asia are showing signs of recovery. For example, the Shanghai Composite Index has grown by 27% year-to-date until last Friday due to …
Continue reading ‘The Ten Most Profitable Companies in Asia’ »