Depressed Stocks May Not Recover For Years

Stocks that fall to depressed levels may take years to recover.Sometimes such companies may end up going bankrupt and equity becomes worthless. Though stocks may be depressed they may continue to trade and simply frustrate investors for years. Depressed levels can be considered as big declines of 50% or more. The example below shows the …

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The Fortune Global 500 of Year 2016

Fortune magazine recently published its famous Fortune Global 500 list. The top 10 companies from the ranking for 2016 are shown in the table below: Source: Fortune US retailer Walmart(WMT) is the world’s largest firm with a revenue of over $482 billion. The second spot went to Chinese utility State Grid. The importance of oil …

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Knowledge is Power: Globalization, Facts about Kissing, Oil Stocks Edition

Why it still makes sense to buy stocks and bonds at record prices (MarketWatch) The Pokémon Go craze is a lesson in what investors should not do (Financial Post) Bright spot or potential pitfall: how US equities measure up (FE Trustnet) Auto sales and the oil price: the Great Unwinding continues (FT beyondbrics) Midyear tax check: nine questions …

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How Big is US Defense Spending ?

The U.S. easily beats other countries in defense spending. In fact, its defense expenditures accounted for 37% of the world’s military budgets in 2015.  Last year the total US spending on defense reached $596 billion. This figure is more than the defense spending by the next seven countries combined according to Peterson Foundation. Click to enlarge …

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