Oil prices have soared in the past year gaining around 40%. With the summer travel season coming soon drivers in the US can be expected to drive higher demand for gasoline in coming months. Despite the dramatic and surprising boom in oil prices energy and related sector stocks have not kept up up until now. …
The Zimbabwe Stock Market fell 98% in one week and was shut down during the hyperinflation years of former dictator Mugabe. This is a shocking fact that some investors may not know. Below is a short excerpt from an article at Research Affiliates: During the three months August–October 2008, the Zimbabwean dollar plunged from 10 to …
Continue reading ‘A Note on the Collpase of Zimbabwe Stock Market’ »
President Trump recently pulled the US out of the Iran deal bringing fresh confrontation with the middle east country. Many European countries against this unilateral action. However Trump has pulled off the deal simply ignoring the Europeans, most of whom are allies. Some political pundits also note that US image has also been burnished with …
Continue reading ‘Der Spiegel Cover: Trump Gives The Middle Finger To Europe’ »
Labor costs in the manufacturing sector is cheaper in Mexico than other countries especially China. Major US firms have significant operations in the country due to the geographical proximity to the US and abundant and well-experienced workforce. I have written about the cost competitiveness of the Mexican labor market in the past before which you …
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The economy of China has undergone an astonishing growth rate since the 1990s. For instance, China acocunt for just 1.6% of the world GDP. But by 2010, it jumped to 9.2% of the world total GDP. Rising further, China’s GDP reached about 15% of the global economy in 2016. The table below shows the growth …
Continue reading ‘On The Astonishing Growth Of Chinese Economy’ »