Crude oil prices rallied today reaching $100 a barrel in New York before settling the day for April delivery at $98.10. Oil prices have steadily increased since the political turmoil in the Middle East started a few weeks ago. “Oil prices may surge to $220 a barrel if political unrest in North Africa halts exports …
One simple and easy way for U.S.-based investors to gain exposure to foreign equities is investing via American Depository Receipts (ADRs). The number of overseas companies listing on the U.S. markets continues to increase each year. Currently about 1,194 companies can be accessed with the sponsored DR programs and another 1,064 trade as unsponsored ADRs …
Continue reading ‘A Review of Investing in Foreign Stocks Via ADRs’ »
Emerging markets are lagging developed markets this year. The S&P 500 is up 6.8% YTD. The YTD returns of the major indices of some of the other developed markets are noted below: Canada – 5.1% Germany – 7.4% Italy – 14.3% Switzerland – 4.4% Australia – 4.0% On the other hand, the majority of the …
The official unemployment rate in January was 9% and the total number of unemployed persons were at 13.9 million according to BLS data. As of Feb 17th, 2011 the total U.S. debt held by the public is 9,490,705,812,100.38. Foreigners held about $4.4 Trillion of U.S. treasury securities at the end of 2010. The U.S. spends …
Continue reading ‘Is the current U.S. Income Tax System Fair and Sustainable?’ »