A correction is defined as a decline of 10% from recent market highs. Bear markets are market declines of 20% or more. Equity markets go through plenty of market corrections over the years. But very few of the corrections actually turn into bear markets. The following chart shows that since 1974 there have been many …
Australia is known as the “Lucky Country” for good reason. It is rich in many natural resources and all one has to do dig them up and export. I came across the following fascinating chart on the Australian export mix in the past two centuries. Gold and Wool dominated exports for much of the 1800s. …
Continue reading ‘Australia’s Exports Composition Since 1825: Chart’ »
Australia is the world’s largest producer and a major exporter of iron ore. One of the critical components of construction and infrastructure industry steel is made from iron ore. Prices of iron ore have fallen to $90 per ton as of early December due to reduced demand from China. Further price declines are expected. As …
Canada is a resource-based economy. The S&P/TSX Composite Index is comprised of over 30% with the energy and materials sector. Natural resources worth billions of dollars are exported every year. The following infographic shows 10 facts on the Canadian minerals sector: Click to enlarge Source: Natural Resources Canada
The Bank Director magazine published a list of banks with the best growth strategy from its RankingBanking list. These banks are a mixture of small regional and community banks. The banks were selected based on the below criteria: To examine the growth strategies of the RankingBanking banks, Bank Director analyzed year-over-year growth from 2019 to …
Continue reading ‘The Top 10 Banks with Best Growth Strategy’ »