Poland is one of the few Eastern and Central European countries that is in a better shape in the current recession. A small contraction of 0.75% is projected by the IMF for this year. In the article Poland: Bright Spot in Recession-Hit Europe, the IMF states: “Why is Poland different? To be sure, its flexible …
Brazil is one of the year-to-date top performing markets among the emerging countries. The infrastructure in Brazil is good and the country is blessed with an incredible array of natural resources. The Dow Jones Brazil Titans 20 ADR Index represents the 20 largest and most liquid Brazilian stocks traded on the major exchanges of the …
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The U.S. personal savings rate rose to 6.9% in May this year as American consumers saved more of their income. This is the highest in the past 15 years. In 2006, the savings rate fell below zero. Chart: Recent Trends in US Personal Savings Rate As households net worth increases the personal savings rate decreases …
Continue reading ‘U.S. Household Net Wealth and Personal Savings since 1952’ »
The Top 25 publicly traded U.S. banks and thrifts were published by the ABA Bank Journal in May this year. These rankings were based on data as of December 31, 2008 and covers banks with assets over $3 Billion. Other criteria used to select the top performers are Return on Average Total Equity (ROAE) and …