The US equity market has had a rough start to say the least this year. The S&P 500 is down 7.7% YTD on price return basis and the Dow Jones is off by 5.7%. Tech heavy NASDAQ is performing even worse with the NASDAQ Composite and the Nasdaq-100 falling 12% and 11.5% respectively. Below are the …
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The US is the world’s largest producer nuclear power accounting for 30% of the worldwide nuclear generation of electricity according to World Nuclear Association. However nuclear power is still the major source of electricity. France is the top country for depending of nuclear energy for its electricity needs. France generates most of its electricity from nuclear …
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S&P Global has updated the Dividend Withholding Tax Rates by Country sheet for 2022.This one-pager is very useful for ADR investors that pay dividends. Countries such as Singapore, UK, Malaysia, etc. do not withhold any taxes on dividends paid out to non-residents on stock only. Though the rate for Canada is noted as 25% in this table, …
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Technology stocks are off to rough start this year. The tech-heavy NASDAQ Composite Index is down 4.8% so far this year. The S&P 500 on the other hand is off only 2.2%. Since late last year many technology stocks are in a downward trend. The market breadth is also not good for NASDAQ. For example, …
Continue reading ‘Some US Large-Cap Stocks Have Declined Heavily From 52-Week Highs: Chart’ »
Bank stocks are hot again. With the planned increase in interest rates by the Federal Reserve the market is betting that banks are bound to benefit. Banks’ earnings would go higher as the Net Interest Margin (NIM) would rise. NIM is the difference in interest paid out to depositors and the interest received by banks …