Australian banks have been one of the poor performers among the developed world’s banks for many years. In fact, the stock prices of the major banks except Commonwealth Bank are below where they were 10 years based on prices in the domestic market. The banks have gone nowhere per most investors. The following chart shows …
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Countries are embracing nuclear power again after the 2011 Fukushima accident. With many reactors restarted in recent years the demand for Uranium has soared this year. According to a journal article earlier in September benchmark prices have jumped 30% to about $62 a pound. From the article: The World Nuclear Association, an industry group, said …
Interest rates on Certificate of Deposits(CDs) in banks have soared this year. From virtually paying nothing a few years ago CDs have become the asset to own by any investor in this high interest rate times. For instance, the rate on 1-year CDs have jumped to as high as 5.67% according to Bankrate data. With …
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Utility stocks are traditionally owned by investors for their stability and some growth through the years. During times of adverse market conditions they remain strong providing a cushion effect to a diversified portfolio and when the market booms they offer stability with decent income in the form of dividends. Investors witnessed this scenario in 2022 …
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Ukraine announced this week that the much-awaited Abrams tanks from the US have arrived in the country. Other European countries have given tanks to Ukraine before but they haven’t given the success that they were hyped up. So the world’s advanced Abrams tanks will be put to the test in the battlefield. In addition to these …
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