The S&P 500 is up by over 17% year-to-date on price return basis. In the past 5 year, the index has had an annualized return of 10.52% which is very good. Though equity markets are soaring after a brief lull for the past few months it is always important to keep an eye on the …
Continue reading ‘The Largest Real Declines in U.S. Stock Market History: Chart’ »
I have written many times in the past on the impact geopolitical crises on equity markets. The overwhelming research shows that markets are more driven by other factors such as earnings, interest rates, inflation, recession, etc. than crisis events. You can find some of the past posts here and here and here and here. Recently …
Continue reading ‘Market Impact of Major Military Conflicts’ »
State-owned companies control most of the world’s oil and natural gas reserves. It is a common misconception that the publicly listed western oil giants like Exxon Mobil(XOM), Chevron(CVX), Shell(SHEL), BP(BP), Total SA (TOT), etc. are the oil and gas giants. Together these companies have even earned the moniker “Big Oil”. However that is not true. …
Continue reading ‘The Largest Oil and Natural Gas Companies in the World by Reserves’ »
The Israel-Hamas war of 2023 started with the attack on Israel by Hamas on Saturday, October 7, 2023. The impact of the current crisis on equity markets in the US have been muted. Oil prices have not moved much as well. This is understandable since Israel is not a major producer. Oil producing countries in …
Continue reading ‘Historical Stock Market Reactions to Geopolitical Crises Involving Israel’ »
Office REITs are one of the worst affected areas within the REITs space. Residential and Warehouse REITs have soared since the Covid-19 era. But office REITs plunged dramatically as most offices shut down and then when normality started to return, work from home options killed the office REITs. Unlike in the past companies are not …