Gold has outperform ed other assets during some periods in the past. Usually when investors look for safe haven such as during bear markets they tend to flock to gold. However during most time when equity markets are “normal” or in growth mode, gold has lagged other assets. Over the really long term gold has …
Continue reading ‘Is Gold Better Than Other Assets Over The Very Long Term?’ »
The British Pound hit a two-year low against the US Dollar last week. The pound has been on a downward spiral since 2014 as shown in the chart below. Currently the exchange rate is 1.23$ to a pound at the interbank rate. Click to enlarge Source: MoneyWeek When pound was stronger a few years ago, …
The Top 10 Global Pharma Companies based on the revenue from their pharmaceutical segments are shown in the chart below. The world’s largest pharmaceutical company Connecticut, USA based giant Pfizer(PFE). Last year it had a revenue of about $54 billion. Switzerland-headquartered Roche(RHHBY) and Johnson&Johnson(JNJ) took the 2nd and 3rd ranks. Click to enlarge Source: Who are …
Continue reading ‘The Top 10 Global Pharma Companies 2019’ »
North American railroad stocks have performed very well so far this year. While the S&P 500 is up around 21% year-to-date, most of Class I railroads, with the exception of CSX, have shot up by over 26%. Canadian Pacific(CP) is the best of the group and has grown by over 34%. One reason CSX is …
Continue reading ‘Comparing the Returns of Railroad Stocks Year-to-Date’ »
During periods of economic contractions some sectors perform well while others don’t. For instance, when the economy is in recession, sectors such as leisure, travel, consumer discretionary, luxury retail, etc. are adversely impacted as consumers cut back on spending on those items. On the other hand, consumer staples, energy and utility sectors remain stable during …
Continue reading ‘Which Sectors Perform Well During Recessions?’ »