Didi Global To Delist From New York Stock Exchange

The latest Chinese firm that plans to delist its ADRs from the New York Stock Exchange is the ride-hailing giant Didi Global (DIDI). According to The Wall Street Journal the firm plans to pursue a listing on the Hong Kong Stock Exchange. Didi’s delisting has come just a few months after listing on the NYSE on …

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Long-Term Returns of Gold, Stocks and US Treasuries

The long-term returns of gold, stocks and US Treasuries are shown in the table below. Just like other assets, gold also outperformed other assets in some periods while under-performing in others. Overall gold has increased from $40 per ounce at the end of 1970 to $1,887.60 at the end of 2020, for an compound annual …

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Automotive Supply Chain Networks Could Shrink With The Shift To Electric Vehicles

The automotive industry is projected to see major changes in the year leading to 2030 as the world moves away from internal combustion engine vehicles to electric vehicles (EVs) according to the World Investment Report 2020 published by UNCTAD. Today the auto industry is a highly complex industry with many Original Equipment Manufacturers (OEMs) and …

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Bull and Bear Market Cycles for Gold from 1970 to 2016

The average bull and bear market lengths for gold are 63 and 44 months respectively for the period from 1970 to 2016 according to a report by World Gold Council. The table below shows the bull and bear market cycles and the corresponding returns. Gold closed at $1,789.10 on November 24th in New York per …

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