US firms are buying back their own stocks at a much higher rate than last year. After the corporate tax rate was slashed from 35% to 21%, American companies decided to put their cash hoardings to use by buying back stocks. S&P estimates US firms are expected to spend $650 billion on share buybacks this …
The British equity market is one of the best markets for investors looking for dividend stocks. The UK has a strong dividend culture and compared to the 2% or so on the S&P 500, British firms tend to have much higher dividend yields. In addition, US investors do not have to worry about dividend withholding …
Oil prices have soared in the past year with some experts predicting $100 or $80 per barrel this year. The WTI Crude Oil closed at $71.01 for a rise of over 48% in one year. As oil prices rise so do the stocks of most oil producers. Some of the exchange-listed foreign oil producers have soared …
Continue reading ‘On The Return of Foreign Oil Producers Year-to-Date’ »
The equity market in Argentina performed very well last year and was one of the best performing frontier market. However this year has been a roller-coaster ride with the Merval Index falling to the 26,000 range from a peak of over 35,000 after the central bank raised interest rate to 40%, the third raise in eight …
Continue reading ‘Performance of Argentina’s Merval Index: Charts’ »