The Canadian banking industry is saturated as the market is small. So large domestic tend to diversify among other markets The US is one of the obvious choices for these banks due to close proximity and the size of the market. Among the six major Canadian banks, TD has the most exposure to the US followed …
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Politics generally does not have a strong impact on the stock market especially in the long-run. Major political events such as the unexpected outcome on election may have a short-term impact but over the years politics does not determine the performance of stocks. Since 2016 major political events have had negligible impact on stocks. The …
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In an article last last year I discussed the average hourly wage rate for auto workers in select countries. I wrote “Mexicans working at the auto factories get between $1 an hour to $ 3 an hour. Mexico’s minimum wage is 73 pesos or $4 a day. Hence auto workers earn much more than the prevailing …
Continue reading ‘Auto Workers in Mexico Earn Less Than Those in China’ »
U.S. stocks have outperformed international stocks in the past few years. Foreign stocks look attractive at current levels while their American peers look expensive. According to an article by Jurrien Timmer at Fidelity, since the Global Financial Crisis peak in March 2007 thru April 2017 the S&P 500 has returned 282% in total returns compared to …
Continue reading ‘Valuation Ratio: US vs. International Developed and Emerging Market Stocks’ »
The number of workers employed in coal mining industry is less than the number of workers in than many other industries. For example, museums employed 91,966 compared to just 76,572 workers in the coal industry according an article I came across in The Washington Post. The 76K figure is not coal miners only but also …
Continue reading ‘Coal Jobs Compared to Jobs in Other Industries: Chart’ »