Innovation is an important determinant of a country’s economic growth. Hence high investment in R&D must be encouraged both by public and private institutions. The US traditionally leads the world in innovation in many industries. Countries in Europe are the next in coming up with world-class innovations. But among the European countries which countries are lead …
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Emerging equity markets were performing well this year until the US elections. But the outcome of the election adversely impacted these markets. Now with the election of Trump returns in many emerging markets have reversed course and lost much of the gains made year-to-date. Below is the YTD returns of select emerging market indices: China’s Shanghai Composite: …
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Similar to other emerging countries, the internet penetration rate is much higher in urban areas than rural areas in China. More people are also using the web and mobile phone apps to perform everyday’s activities such as reading news, managing wealth, etc. In June 2015, the percentage of people using mobile phones to trade stocks was …
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Coal production in the U.S. dropped to below 900 million short tons according to EIA. The average number of employees in coal mines declined by 12% year-over-year and reached 65,971. The major US coal producers in 2015 are listed in the table below: Source: US EIA The top five producers are Peabody Energy Corp (BTUUQ), Arch Coal …
Air travel in the US is one of the miserable experiences that most of passengers have to put with. Today fellow blogger and Founder and chief investment officer Barry Ritholtz of Ritholtz Wealth Management posted a link to an interesting article in The New Yorker that discussed why and how airlines make their customers suffer. From …
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