Global trade is very important for economic growth. So protectionist trade policies will lead to stunted growth or a recession. Increased global trade has tripled the share of trade in US national income in the past 50 years as shown in the graph below: Click to enlarge Source: November 2016 Trump – another Brexit moment?, The Absolute …
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Stock markets in the US and the world generally tend to perform well in US election years Historical data analyzed by Schroders shows the S&P 500 rose in 9 out of the 11 election years. The MSCI World and FTSE All Share indices gained in eight of the 11 years. Chart – Average Performance of …
Income seeking investors should not prefer tech stocks over utilities even though the former may feel like the best. In this post let me discuss some of the reasons for this view. I came across an article titled “Tech vs. Utilities: Which Is a Better Income Strategy?” by Jeremy Schwartz, Director of Research at WisdomTree Funds. …
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The Canadian banking industry is highly concentrated with six major banks dominating the market. After surviving the Global Financial Cisis(GFC) relatively unscathed the banks were performing well until the commodity boom ended. The stocks of these banks declined some but did not collapse. With the recent recovery in commodities especially in the price of crude oil …
Continue reading ‘Comparing the Performance of Canadian Bank Stocks’ »
Algorithms Aren’t Biased, But the People Who Write Them May Be (WSJ) Why are so many active funds underperforming? (CityWire, UK) Schwab Market Perspective: Looking Past the Election (Schwab) and Vertigo: Effect of Spiking Healthcare Costs on Consumers (Schwab) The Tallinn experiment: what happens when a city makes public transport free? (The Guardian) Deducting a Loss in an …