Storm hits Canadian banks: RBC, BMO, TD downgraded as sector faces worst start in 25 years (Financial Post). Also checkout Canadian Bank Stocks Post Worst Start in 25 Years (Bloomberg)
Hugh Young: we can hardly find any value in India (Citywire, UK)
Guest post: can India repeat China’s ascent? (FT beyondbrics)
Too many choices, high costs and bureaucracy: British expats grade American healthcare system ‘a pain in the arse’ (The Guardian)
Fisher’s financial myth-busters: ensure it’s a bull before diving in (Money Observer). Also see Fisher’s financial myth-busters: one big bear and you’re done (Money Observer)
When to buy the oil services sector (Interactive Investor)
What’s So Cool About ETFs? (Blackrock Blog)
Why Facebook’s math doesn’t add up (MaCleans)
The myth of being average (Vanguard Blog for Advisors). Plus read Shopping for alpha: You get what you don’t pay for (Vanguard)
Connecting to China’s New Equity Plays (Alliance Bernstein Blog)
Against the tide: Italy is a boiling frog (EuroMoney)
National World War II Memorial, Washington DC