U.S. stocks have performed extremely well so far this year until the recently one day big decline. However rising stock prices have also led to the expansion of the Price/Earnings ratio. According to Niels Clemen Jensen of Absolute Return Partners, US stocks are currently trading at a massive 32x earnings even with cyclical adjustment. Writing in …
The Pharm Exec magazine recently published its 20th annual ranking of the Global Top 50 Pharma companies for 2020. These companies were ranked based on sales in 2019. Switzerland-based Roche(RHHBY) was the world’s number one drug company. The second place also went to another Swiss firm, Novartis(NVS). The next three spots were taken by American firms – …
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Countries with high number of doctors and nurses may have a better capacity to handle Covid-19 according to the OECD. The following chart shows the number of doctors and nurses for select countries: Click to enlarge Source: OECD via Twitter