I have written many times before that railroads are an important pillar of the Canadian economy. Just two freight railroads – Canadian National(CNI) and Canadian Pacific (CP) – dominate the industry. The following infographic from Statistics Canada shows some of the interesting facts about rail transportation in 2020: Click to enlarge Source: Statistics Canada Disclosure: Long …
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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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