Biotech stocks are not performing well at least so far this year. In the past two years or so the sector was hot due to a variety of factors including discovery of vaccines for Covid-19, M&A, investors’ interest, etc. However none of that seems to be in favor of biotechs now. The following charts of …
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Most countries of the world have a Value-Added Tax (VAT) that is levied on goods and services. The VAT is a consumption tax and varies widely among the member nations of the EU and the UK. The highest VAT rates for 2022 are in Hungary which charges 27 percent and Croatia, Denmark and Sweden where …
Continue reading ‘VAT Tax Rates in Europe by Country 2022: Chart’ »
I came across the following cool infographic on European space industry. As with so many other industries Europe ranks second only to the US in the space industry also. Similar to NASA, the European Union(EU) runs its space program via The European Space Agency (ESA). Click to enlarge Source: Council of the EU and the European …
The Fed has planned to raise interest rates this year. The forecast is rates will increase at least three times in the year. In anticipation of rising rates and a multitude of other factors including valuation concerns in certain sectors, US equity markets have turned very volatile this year. With interest rates bound to go …
Continue reading ‘Performance of S&P 500 Index When Interest Rate Rises: Chart’ »
US stocks have performed well during some periods in the past while their overseas peers have outperformed in other periods. For more than 10 years thru September of 2021, US equities have had an excellent run. However this outperformance may not last forever and foreign stocks may take their lead soon. According to an article …
Continue reading ‘U.S. Equity vs. International Equity 5-Year Rolling Returns: Chart’ »