Emerging markets are on fire this year. Many of these markets have soared much more than developed markets. Among the major emerging markets India is one of the top performers. The benchmark Sensex reached yet another record yesterday. The Sensex has shot up by 26.5% so far this year. This is higher than the equity …
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The following chart shows the yield on long-term soverign debt from 1150 AD to 2012. In the year 1440, Venice paid a high itnerest rate of 20%. Overall according to an article by Dominic Frisby at MoneyWeek money has not been this cheap for a very very long time when we consider the current interest …
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The US economy is a consumption-driven economy. Hence American consumers traditionally tend to spend than save. The personal saving rate grew after the global financial crisis of 2008-09 and reached a peak of 11% in Dec, 2012. But since then a growing economing and falling unemployemnt have led to a decrease in the saving rate …
On Friday Brent Crude reached the $60 per barrel mark for the first time since July, 2015. Global oil prices have been slowly recovering after years after of declines that followed prices reaching nearly $150 many years ago. Though oil majors are reporting strong earnings recently their stock prices are not yet getting investors’ love …
Continue reading ‘Stock Performance of PetroChina vs. Oil Supermajors’ »
The Pearl River Delta region in China’s Guangdong province is the largest manufacturing hub in the world. The city of Shenzen is located in this region. The following graphic shows the scale and importance of this vast manufacturing mecca: Source: MarketEye, BNY Mellon