The Evolution of the British Stock Market

In an earlier post, we looked at the Historical Components of Dow Jones Industrial Average since 1896. The chart below shows the evolution of the British stock market since 1899: Click to enlarge Source: The Barclays Capital Equity Gilt Study Reinvestment of dividends is an important tool to increase the total returns earned on an …

Continue reading ‘The Evolution of the British Stock Market’ »

The Top 15 Global Oilfield & Drilling Service Companies

This week oil driller Ensco plc(ESV) announced the acquisition of competitor Pride International (PDE) in a cash and stock deal valued at $7.3 billion. According to the deal, shareholders of Pride will receive a 0.4778 Ensco share and $15.60 in cash for each Pride share they own. This offer represents a 21% premium to Pride’s …

Continue reading ‘The Top 15 Global Oilfield & Drilling Service Companies’ »

Will the Chinese Housing Bubble Pop Soon?

The real estate market in China has not yet crashed despite being a bubble for many months now. While the Chinese government has had some success in curbing excess speculation in major cities,  developers are finding other places to continue their growth and in the process may create bigger bubbles. A recent article in Bloomberg …

Continue reading ‘Will the Chinese Housing Bubble Pop Soon?’ »

Review:The Callan Periodic Table of Investment Returns 2010

Callan Associates has published their famous Periodic Table of Investment Returns for 2010. The chart below shows the annual returns for key indices from 1991 thru 2010 ranked in the order of performance: Click to enlarge Source: Callan Associates Some observations: 1. After raking up double digit gains in 2009, markets around the world gained …

Continue reading ‘Review:The Callan Periodic Table of Investment Returns 2010’ »