The World’s Top 10 Credit Card Issuers based on year-end 2009 data are listed below: 1. Bank of America (BAC) 2. Chase (JPM) – Had 119.4 million cards in circulation in the US 3. Citibank (C) – Had 92 million cards in circulation in the US 4. American Express (AXP) 5. Capital One (COF) – …
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According to David Rosenberg of money manager Gluskin Sheff the U.S. stocks market is overvalued by 35% based on Shiller P/E ratios. The S&P 500 is up 9% YTD and most stocks have recovered strongly since the March lows of last year.The current P/E of S&P 500 is 21. However is this the time to …
China Is Not Helping Its Manufacturers Western economies too weak for spending cuts, IMF warns Property Is it time to invest? China’s property bubble Mobius Says Demand for Housing in China Will Withstand Bank Lending Curbs Goldman Sachs only ran the casino  Address jobs now, deficits later 3 lessons for investing overseas Source: Reserve Bank …
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Telecom stocks can provide some stability and steady growth to a well-diversified portfolio. Some of them also offer high dividends which may be reinvested to increase the total return on an investment. Unlike consumer discretionary and other sectors, consumers in most countries consider telecommunication services such as mobile phone services as a necessity. Telecom companies …
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