Wealth distribution or lack thereof varies across OECD countries. The US is the most unequal country in terms of household wealth distribution among the select countries shown in the chart below: Click to enlarge Source: OECD The richest 10% of the Americans own more than 75% of the total household net wealth.Crony capitalism, regulatory capture, …
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Bank stocks in the US have been in doldrums for many years now since the Global Financial Crisis(GFC). Investors mostly avoided them as a mountain of new regulations and ultra-low interest rates pressured their earnings quarter after quarter. But with the dramatic victory of President-elect Trump bank stocks have soared. In the two days since …
The British equity market as represented by the FTSE 100 Index has outperformed other major stock indices of this world so far this year. For instance, the S&P 500 is up 6% year-to-date. The main European indices have performed as follows: UK’s FTSE 100: 9.4% France’s CAC 40: -2.3% Germany’s DAX Index:-1.1% Spain’s IBEX35 Index: …
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One of the important strategies for success in building wealth with equities is to identify and own the right the stock in an industry. Owning the average or poor player in an industry will lead to lower returns for investors. In this post, let’s put this logic to test. US-based Procter & Gamble Company (PG) is a …
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Why Aren’t Americans Getting Raises? Blame the Monopsony (WSJ) A good list of tools for invesors (Rankia) Globalization and its political backlash and With Trump, no hope for change (Live Mint) America’s road trip: will the US ever kick the car habit? (The Guardian) Travelling on the Trans-Siberian in style: wi-fi, gyms, libraries, restaurant carriages, children’s playrooms …
Continue reading ‘Knowledge is Power: Monopsony, Coal, Anti-Globalization Edition’ »