The federal election in Australia is on Saturday, May 21, 2022.Equity market investors will be closely monitoring the outcome the election. With that said, which politic party is best for stock prices? A recent article by Ashley Owen shows that since the creation of the Federation, right-leaning governments have been better for Australian stock prices than …
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Russian energy giant Lukoil(LUKOY) has announced plans to terminate its ADR program. In addition, the firm will also cancel its listing on the London Stock Exchange as well effective June 6, 2022. This is a big blow for American and foreign investors in Lukoil. However this is not a surprise since Russian passed a law in …
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The S&P 500 is down about 17% year-to-date. Talks o a bear market and a looming recession are becoming increasingly prevalent in the media in recent weeks. With that said, it is important to remember that even the best performing stocks of all time can and will fall. Sometimes the declines will be dramatic with …
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Canadian banks stocks also have not escaped the carnage in the markets so far this year. The declines have not been severe. Most have fallen under 10% with the exception of Bank of Nova Scotia(BNS) which is off by over 11%. Unlike its peers, ScotiaBank has high exposure to emerging markets especially in Latin America. …
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In the current Ukraine-Russia war, some 30 Western countries are sending weapons to Ukraine so that Ukraine can use those against Russia and defend itself. The lone Asian country that is also participating in this coalition is Japan. In addition, the global south is participating in this war by supporting Ukraine with arms as the …
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