The annual US defense expenditures is huge. In fact, the US spending on defense in 2014 was more than the combined spending of the next seven countries according to one report. Click to enlarge Source: THE U.S. SPENDS MORE ON DEFENSE THAN THE NEXT SEVEN COUNTRIES COMBINED, Peter G.Peterson Foundation The following chart shows the portion of …
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Jeremy Grantham says America’s economy stinks, and soon its stock market will too (MarketWatch) For US investors – Think twice about delaying your first MRD (Fidelity) Stocks See Record Flip-Flopping in 2015 (Moneybeat) Like Soviet Russia in 1959, has China already peaked? (FT beyondbrics) In search of a European Google (The Guardian) We need to see some carnage before …
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On Nov 27, the NYSE announced the delisting of National Bank of Greece(NBG) ADR. Since then NBG investors could not trade the stock. As the ADR was delisted investors hoping to get out could not even sell the stock. However as of last Friday (Dec 4th), NBG started trading on the OTC market under the ticker NBGGY. Today …
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Eight railroad companies currently trade on the New York Stock Exchange. Out of these five are American railroads. Now CSX Corporation, one of the Class I railroads is moving its stock listing from the NYSE to NASDAQ effective after the market close of December 21, 2015. The ticker will continue to remain “CSX“. Below is an …
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Crude oil prices fell to a six-year low today and traded under $37 today.Prices of other commodities such as Iron Ore, Copper, Coal, etc. have also declined heavily in the past few months hurting miners. The S&P 500 is flat year-to-date. Though the US market has been through trials and tribulations over the past 11 months, it has …
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