Archive of entries posted on May 2024

On the Year-to-Date Returns of Exchange-Listed Foreign Bank ADRs

Posted by on

Some of the foreign stocks trading on the US exchanges have performed very well so far this year. The S&P 500 index is up by over 10% YTD and the KBW Nasdaq Bank Index which is one trackers for bank stocks has increased by 9% YTD. Among the foreign bank stocks, Argentinean banks have soared …

Continue reading ‘On the Year-to-Date Returns of Exchange-Listed Foreign Bank ADRs’ »

US Defense Spending in 2023 vs. The Next 9 Countries Combined: Chart

Posted by on

The annual U.S. defense expenditure is the largest in the world. In 2023, the U.S. spent $916 billion on defense according to a report by Peter G.Peterson Foundation quoting SIPRI data. This amount was $55 billion higher than in 2022 in part due to military aid to Ukraine in its fight against Russia. Looking at …

Continue reading ‘US Defense Spending in 2023 vs. The Next 9 Countries Combined: Chart’ »