Emerging countries such as Brazil, India, China and Turkey are among the world’s top military spenders. Middle Eastern countries such as Saudi Arabia and UAE also spend heavily on military since they can afford it. However it is questionable if they really need all the expensive military toys they buy from western defense contractors. Click …
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Federal Reserve Interest Rate Hikes: A Historical Perspective (Forward Management LLC) Pink Slips at Disney. But First, Training Foreign Replacements (NY Times) Ten Things Americans Might Find Odd About the Way Russians Live (Sputnik News) Why Wall Street keeps winning (MaClean’s) Investment and inequality: Stock markets for whom? (OECD Oberver) Turkey and China: political uncertainty and monetary …
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Last week I posted the Periodic Table Of Investment Returns for Developed Markets. In this post, lets take a look at the chart for emerging markets from 2005 to 2014. Click to enlarge Brazil has been a poorly performing emerging market since 2010. Unlike China and India, the country is blessed with natural resources and …
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The original World Trade Center(WTC) twin towers in lower Manhattan opened on April 4, 1973. They stood majestically over the NY skyline until they were destroyed by terrorists on September 11, 2001. I came across the following interesting ad in the Life magazine during the construction of the towers: Click to enlarge Source: Life
Chinese stocks have soared this year with the Shanghai Composite Index up over 55% in dollar terms. As the share prices have increased the market capitalization of China exchanges are also rising sharply compared to major exchanges of the world. The chart below shows the top global equity markets ranked by market capitalization: Click to …
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