I came across the following chart that shows the annual performance of gold against the major assets classes of US and UK from 1978 to 2017. Similar to equities gold has performed well in some years and not so well in others. Gold tend to soar during periods of extreme bear markets for risky assets …
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Canadian stocks have performed poorly compared to their American peers in the past five years. In fact, the S&P 500 has earned double the return of Canadian equities in the past years as shown in the chart below: Click to enlarge Source: Yahoo Finance One of the main reason for the poor performance of the …
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Colombia has elected Convservative Iván Duque as the next President in the runoff Presidential election held yesterday. Duque got 53.9% of the vote and beat leftist opponent Gustavo Petro. The pro-business friendly Duque has the support of former president Uribe and business leaders. From an article at The Guardian: Colombia has chosen Iván Duque, a conservative neophyte, …
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The two major crude oil benchmarks are WTI and Brent. WTI stands for West Texas Intermediate used for US oil and Brent is the global benchmark and denotes the oil extracted from North Sea. The WTI closed at $66.94 today on the NYMEX for July 2018 delivery and Brent ended at $75.81 on the ICE …
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