The emerging economies of China and India are growing fast compared to developed economies. This year China and India grew at 6.7% in second quarter and 7.9% in first quarter respectively. GDP growth rates of high=single digits are for these economies are considered low by some relative to their higher growth rates in the past. Western economies …
The Shanghai Metro is the world’s largest in terms of route length. It is the second largest based on the total number of stations. The system has 14 lines covering 365 miles and has 364 stations according to Wikipedia. In contrast, the New York subway is the world’s largest with an incredible 469 stations. Below is …
The sickly state of American healthcare (MoneyWeek) Mark Mobius: ‘beggar-thy-neighbour’ economics hurts us all (CityWire UK) How a more balanced S&P 500 can lead to richer returns (MarketWatch) Best yielding stocks in FTSE 100 look too good to last as dividend cover wears thin for the big payers (This is Money) Financials: A tricky time (Fidelity) Canada: David Kaufman: The …
Continue reading ‘Knowledge is Power: Financials, US Healthcare, Balanced S&P 500 Edition’ »
Most major developed European equity indices are lagging their US peers this year. While the S&P 500 is in the positive territory year-to-date major European benchmarks are in the red as shown below: UK’s FTSE 100: 12.1% France’s CAC 40: -3.4% Germany’s DAX Index: -1.6% Spain’s IBEX35 Index: -8.2% Stoxx Europe 600: -6.3% Source: WSJ Though …
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Yields on various asset classes such as cash, bonds have declined significantly in the past few years especially in the developed world. For example, cash hardly earns any interest today in the US compared to around 3% average before the global financial crisis. For investors willing to take risk, local emerging market bonds are attractive at …
Continue reading ‘Current vs. Pre-Crisis Yields of Select Assets: Chart’ »