Biotech stocks have been red hot in the past few years and they continue to attract investors’ attention this year as well. So far this year the NYSE Arca Biotech index is up by 9.2 compared to the 6.7% fall of S&P 500. Many of the biotechs currently trading on the markets do not have proven drugs but …
Continue reading ‘The Top Five Biotech Companies By Market Capitalization’ »
The FTSE 100 is down by early 8% year-to-date compared to S&P 500’s decline of about 7.0% YTD. However according to a report by JPMorgan UK, British equities have brighter prospects ahead than US stocks. From an article quoting the report: In a wide-ranging note, they looked at UK shares valuations and prospects and came out positive. Looking …
Continue reading ‘British Stocks Are Cheaper Than US Stocks’ »
Income growth is highly uneven between poor, middle and rich Americans. Technological advances and increases in productivity have not helped the working and poor sections of the population. Instead much of the wealth created have largely gone to the upper middle-class and the top 1% of the society due to state policies, laws and tax …
Continue reading ‘Real Income Of Upper Middle-Class Americans Is Growing Strongly’ »
Small island nations – how much do you know? (The Guardian) U.S. unemployment rate falls to seven-year low (MarketWatch) but The road to recovery: furloughs, layoffs and job numbers that shade the truth (The Guardian) Fastfood not good for workers or suppliers – Frappuccino society (Le Monde) Paul Krugman: Australia can weather the Chinese economic downturn (The Guardian) The …