The S&P 500 Index is not as diversified as many investors think. In fact, the IT sector alone accounts for just over 25% of the index and the weightage of the defensive sector has fallen continuously since the 1990s. S&P 500 sector breakdown: Click to enlarge Source: S&P The defensive sector used to account for …
Continue reading ‘Defensive Sectors’ Weightage in the S&P 500 Has Declined Since The 1990s’ »
Many multi-national firms based in the developed world have substantial exposure to overseas markets than their domestic markets. In fact, some derive a big portion of their revenue and earnings in foreign countries than their home countries. For instance, BHP Billiton Ltd is a FTSE 100 firm in the UK. However the mining giant earns …
Continue reading ‘On the Revenue Exposure of Top 10 Companies in the MSCI Europe Index’ »
High Speed Rail Network in China is the largest in the world even beating developed Europe. The following fact the astonishing growth in high-speed rail transportation in China. High-speed rail network before 2007 = 0 kilometers High-speed rail network now = 25,000 kilometers Source: Seeing is believing – China’s amazing growth over 40 years, China Daily In just …
Continue reading ‘Fact of the Day: China Hi-Speed Rail Network’ »
Tax revenues as a percentage of GDP vary widely across countries. The chart below from OECD shows the figures for the latest year available: Click to enlarge Source: Seven surprising facts about tax revenues around the world, Schroders Though Greece and Italy have often been criticized they generate more taxes as a percentage of GDP …
Continue reading ‘Tax Revenues as a Percentage of GDP: Chart’ »
China is the top trading partner with the US. Neighbors Canada and Mexico are the second and third major trading countries followed by Japan, Germany, etc. Updated: 12/23/2019 Click to enlarge Source: Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States, U.S. DEPARTMENT OF THE TREASURY OFFICE OF INTERNATIONAL AFFAIRS, April 2018