The US Dollar is one of the seven reserve currencies in the world. Unlike in the past, the dollar today is not backed not anything but the full faith and trust of the U.S. government. Essentially the dollar and other reserve currencies are just a pieces of paper similar to other currencies like the Ukraine Hryvnia, Botswana …
India’s benchmark Sensex is flat so far this year as of May 15th. The MSCI India Index is up by just 0.37% based on US dollar terms. India was one of the top performing markets in 2014 but that is not the case this year. For example, among emerging markets, China’s Shanghai Composite has shot up …
Singapore is a tiny country compared to the U.S. While the U.S. has a population of over 318 million, Singapore’s population is just 5.5 million.In terms of land sizes, the two countries are not even comparable since Singapore is a city state where one can travel from one end to the other in just half hour by …
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Source: FE Trustnet
Shares of Netflix(NFLX) closed at $613.25 yesterday after reaching as high as $618. The stock shot up on rumors that the company is working on entering China. As the Chinese market is huge, investors hope Netflix could reap substantial profits. By any means, Netflix shares are not cheap now. The P/E is over 159. At current prices …