Gold prices closed at $1,280 an oz. today. After a few years of steady decline prices have been slowly climbing back up. In general, gold is considered as a safe haven asset as gold tends to be strong when equities fall. According to a recent article at Schroder’s gold does in fact performs well in weak equity …
Continue reading ‘Gold Price vs. S&P 500 Returns From 1961 Thru July 2017: Chart’ »
The table below shows the Top 10 Most Liquid ADRs by trading value and trading volume year-to-date June 2017: Click to enlarge Note: Russian oil giant Gazprom listed above is the DR trading on the London Stock Exchange(LSE). So it is not an American Depository Receipt(ADR). Source: Depositary Receipt Services Midyear 2017 Report , Citi Depository …
The US auto-parts industry is experiencing severe slowdown in recent months. Major retailers such as Autozone, Inc(AZO), O’Reilly Automotive(ORLY) and Advance Auto Parts(AAP) have seen seen their stocks decimated. These companies announced poor quarterly earnings and mentioned a variety of factors for their dismal performance. Some of these include high sales of new vehicles, warmer weather, oil prices, etc. …
Continue reading ‘Stocks of US Auto-Parts Retailers Have Crashed This Year’ »
Interesting fact: The Sahara is the world’s largest hot desert. It is almost as big as the USA. Source: National Geographic UK: The demise of the progressive dividend (Trustnet) India, Pakistan and Bangladesh 70 years after the British left (Livemint) One rule for ordinary Americans, another for American hedge fund managers (MoneyWeek) 13 Ways to Strengthen America’s …