Unfortunately there is none that trades in the US markets. However there is the iShares CDN Financial Sector Index Fund (XFN.TO) listed in the Toronto Stock Exchange (TSX). US investors who have access to TSX, can invest in this ETF to get exposure to the big five Canadian banks and a few other financials. Many …
The UK recession has almost run its course, according to the respected NIESR forecasting group, as it reported that the economy grew in April and May..‘UK recession is all but over’ – NIESR A new government report shows that the former East Germany has been less bruised by the economic crisis than the richer West. …
Continue reading ‘Daily Wisdom: UK Recession Almost Over Edition’ »
Healthcare is one sector that provides shelter to investors during volatile market conditions. In Europe and the US the majority of the population is living longer due to hi-tech medical care and advances in medical diagnostics. Baby boomers in the USA are expected to retire in the millions in the next few years. These folks …
Continue reading ‘Review of Four European HealthCare ADRs’ »
 Source: IMF
Oil prices are gushing upwards, the prices of other commodities are surging, Treasury yields are doubling, and the US dollar is plunging. It is all horrible, terrible news – unless you own gold – black or yellow.Black and yellow treasure The recession has entered a most confusing stage where on any given day there’s good …
Continue reading ‘Daily Wisdom: Soaring Crude Oil Edition’ »