Portugal Telecom (PT) ADR delisted from the New York Stock Exchange(NYSE) recently. With this delisting, none of the companies from Portugal trade on the U.S. Exchanges any more. According to a filing with the SEC, PT plans to have its ADRs traded on the OTC market but details have not yet been finalized. The last date …
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The performance of most emerging market equities in the past few years has been average to poor. Developed markets have especially performed well in the recent past handily beating their emerging market peers. The BRICs used to the hot destination for many years. However collectively they have disappointed investors with the exception of India. Compared to …
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The current yield on the U.S. 10 year Treasury note is 1.96%. In the past five years, the yield has dropped from about 4% to about 2% recently. In the past, U.S. Treasuries have yielded excellent cumulative returns during certain periods. The following chart shows the historical yield on the U.S. 10-year Treasury from 1954 thru …
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The following chart shows the extraction cost of oil by various methods: Click to enlarge Source: CIO View Special, Feb 2015, Deutsche Asset & Wealth Management Middle East oil the cheapest while production in the Arctic Ocean is the most expensive. Update (12/22/15): Source: Oil and gas companies: the carbon risk, Schroders
International equities are leading U.S. stocks this year. For example, developed European markets are well ahead of American stocks at least so far this year. The year-to-date returns of some of the major equity markets are listed below: S&P 500 Index: 2.39% Canada’s S & P/TSX Composite: 2.1% UK’s FTSE 100: 7.0% France’s CAC 40: …