European stocks have soared so far this year. The STOXX® Europe 600 index is up 20.55% year-to-date and closed at 412.93 on Friday. On April 9th, the index reached a new record as shown in the chart below. The Stoxx 600 is similar to the S&P 500 benchmark index for the U.S. market. Click to enlarge …
The energy sector comprising mostly the oil industry is a major sector of the economy in certain markets than others. For example, in many emerging markets the oil companies dominate the economy. Firms such as Petronas of Malaysia, Statoil of Norway, Lukoil and others of Russia, etc. dominate the respective local economies in terms of …
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The SPDR® EURO STOXX 50® ETF (FEZ) gives exposure to some of the largest firms in the Euro zone which excludes the UK and Scandinavian countries in Europe. Investors looking to allocate a portion of their portfolio’s assets to large-cap European firms in the Euro region can consider this ETF. The fund objective is as follows: The …
Every year highly-skilled foreign workers compete to enter the U.S. via the H1-B visa program. April 1st week is the H1B visa cap season. Currently this program has a cap of 85,000 per year. In the past few years, the demand for these visas has far exceeded the supply. Hence a lottery has been designed if …
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DRIVEN INTO DEBT – Riches Built on Subprime Auto Loans to the Poor (NY Times) Who’s winning: Active or passive investors? (Financial Post) Beware momentum stocks in sheep’s clothing (Money Observer) Chile, the star pupil of the Chicago school, has turned out to be a dope-smoking shoplifter (FT beyondbrics) India has a strong year – but there’s still plenty to …
Continue reading ‘Knowledge is Power: Chile, Active vs. Passive, Latin America Edition’ »