The economy of Mexico is the 11the largest in the world at about $2.4 Trillion. The Mexican economy is closely integrated with the economies of the US and Canada due to USMCA (previously NAFTA). According to the CIA’s World Factbook, Mexico has free trade agreements with 46 countries. The country is the second largest export …
European bank stocks are recovering after a decade of disastrous performance. While US banks have recovered from the Global Financial Crisis(GFC) and also the Covid pandemic, banks from Europe barely survived. In addition to these, some of the other factors that crushed European lenders include the many years and iterations of sovereign debt crisis, money …
Continue reading ‘U.S. Banks vs. European Banks – Equity Performance Gap Since 2007’ »
I came across the below list showing the top 30 stocks in the S&P 500 index in terms of annual returns over the past 30 years from May 1991 thru May 2021. The best stock during this time period was Netflix(NFLX) with an annualized return of over 38%. Though it is interesting to review this …
Continue reading ‘The Top 30 Stocks in the S&P 500 over the Past 30 Years’ »
Economic recovery is underway in most countries of the world. China’s economy was the least adversely impacted last year due to the swift control of the pandemic. However most the developed countries are now in a better position to grow their economies with the invention of the vaccine last year. After initial dithering and chaos …
Continue reading ‘Time to Recover to Pre-Pandemic GDP Per Capita For Select Countries: Chart’ »
Inflation is making a comeback in the US economy. The latest figures showed prices grew 5% in May according to a journal article yesterday. It is not just used cars, fuel, services and other items that are increasing in prices basic necessities such as food is also going up in prices. Unlike other products, people will …