India’s Sensex closed at 20,032 on Friday.This is not far from the all-time high of 20.873 reached in January 2008. During the credit crisis, the index reached a low of 8.160. In just over 18 months the index has rebounded sharply gaining over 150%. This dramatic rise is mostly based on the assumption that the …
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The Top 25 Banks in North America and Western Europe based on Tier 1 Capital in 2009 are listed below. This ranking is part of the annual World’s Top 1000 Banks published by the The Banker magazine of the UK. a) Top Banks in North America b) Top Banks in Western Europe Source: The Banker …
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The Top 25 Banks in Latin America based on Tier 1 Capital in 2009 are listed below. This ranking is part of the annual World’s Top 1000 Banks published by the The Banker magazine. Source: The Banker Brazilian banking giant Itau Unibanco(ITUB) leads the Top 25 Latin American rankings. It is also the 33rd on …
In addition to the global financial crisis, foreign developed-country stocks have endured the Greek debt crisis, weakness in European currencies, doubts over the strength of the global recovery, etc. in the past couple of years. Accordingly many of the developed-country equities have been the worst performers so far this year. For example, the Spanish IBEX …
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The U.S. economy at over $14.0 Trillion is the largest economy in the world. However personal consumption accounts for most of the GDP. Since the late 1990s, the share of personal consumption in the GDP has been growing consistently and exceeded the long-term average of about 66%. In 2009 it peaked at 71% of the …
Continue reading ‘Growth of U.S. Personal Consumption, Income and Household Liabilities’ »