The Automotive industry is one of the important industries in the European Union(EU). The industry provides millions of well-paid jobs and is critical to the economy of some countries such as Germany. In this post let’s take a look at some of the fascinating employment-related facts about this industry. According to the The European Automobile …
Continue reading ‘Notes on EU Automotive Sector Employment’ »
The US tax system is one of the most complex in the world. The tax code is 6,871 pages long according to one estimate. When all the guidelines and regulations are included it goes to 75,000 pages ! The reason for the complexity is the tax code constantly gets updated with all kinds of exclusions, …
Continue reading ‘How the U.S. Tax System Works: Infographic’ »
The most valuable listed company in Europe is French luxury giant LVMH Moet Hennessy Louis Vuitton SA (LVMUY). At the end of 2022, its market capitalization stood at $342.0 billion Euros. In US dollar terms, it was $426.0 billion as of close of Jan 20, 2023. Below is a short except from a recent journal …
Continue reading ‘Quickpost: Which Listed Company is Europe’s Most Valuable ?’ »
The Dividend Withholding Tax rate for foreign investors in Chilean equities used to be 35%. This rate has been reduced to 23.9041123%. This is a welcome news for ADR holders. Below is the YTD returns of Chilean ADRs trading on the US exchanges: Click to enlarge Source: BNY Mellon Last year Lithium miner Soc. Quimica …
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European stocks are performing better so far this year than US stocks. However over the past 5 years and the long run they they have lagged US markets. For instance, the DAX index is up 6.85% YTD while the S&P has increased by 3.88%. Over the past 5 years, the S&P 500 has shot up …
Continue reading ‘S&P 500 vs. Germany’s DAX Index Return: Charts’ »