Australian banks are going through some of the worst crises they have ever faced. Billions of dollars in shareholder equity has been wiped out due to recent scandals. More recently Westpac(WBK) is under investigation for money laundering charges. Total fines imposed on the bank may exceed $1.0 billion, With that intro, let’s take a look …
The US is projected to be the biggest economy in the world in 2020. The second biggest economy will be China followed by Japan. Canada will be the 10th largest economy behind only Brazil. Click to enlarge Source: Focus Economics
Streaming giant Netflix(NFLX) is often touted as one of the success stories in the past few years. It is part of the FANG group of superstar firms. Currently the company has a market cap of over $130.0 billion. Netflix stock does not pay a dividend and the P/E ratio is about 95. After reach a …
With 2019 coming to end soon, some investors may be working at topping out their contribution limits for their 2019 retirement plans and planning their strategy for next year. The IRS has recently published the contribution limits for various retirement plans for the year 2020. The IRS adjusts these limits based on cost of living …
Continue reading ‘Retirement Plan Contribution Limits For Year 2020: Chart’ »
US equities have performed extremely well over the past decade relative to other developed markets. Even this year, US stocks have soared by nearly 20% so far this year. The reason for the out-performance is that the main US indices are dominated by high-growth sectors such as technology, health care and consumer tech. On the …
Continue reading ‘Foreign Stock Indices are Highly Concentrated in Low-Growth Sectors’ »