Daily Wisdom: Mr.William White Edition

1.Global Banking Economist Warned of Coming Crisis William White predicted the approaching financial crisis years before 2007’s subprime meltdown. But central bankers preferred to listen to his great rival Alan Greenspan instead, with devastating consequences for the global economy. 2.Obama Jobless Safety Net Torn by New Normal’s 48-Year-Old Rebecca Alvarez Rebecca Alvarez says she’s “barely …

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ADRs in the OTC market with Dividend Yields > 5%

The OTC market is often overlooked by investors. Some of the large foreign companies are listed in the OTC markets. When I ran my screen with the conditions: Market Cap >= $25B Dividend yield >=5% the following five stocks stocks appeared in the result. E.On AG (EONGY) Market Cap = $63.4 B Dividend Yield = …

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Time to Invest in South African Banks?

The South African equity market is considered as one of the frontier markets. Most investors consider South African as an investment destination related to  natural resources such as  gold, silver, etc.  However some banks in South Africa may offer good opportunities for investors looking to gain exposure to the banking sector in that country. The  …

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Housing Mortgage Markets: Canada Vs. USA Comparison

The housing market in U.S. and Canada have taken different paths since the credit crisis began. In the U.S. it continues to get worse since the crash that started last year. In 2008, more than 3 millions foreclosures were filed setting a record. Foreclosures in 2008 was up 71% from 2007. This year foreclosures have …

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