Debt levels have increased globally since the financial crisis of 2008-09. Both government and private debt have soared after the crisis. The following chart shows the Debt to GDP Ratio of select countries: Click to enlarge Source: The Absolute Return Letter June 2016, Absolute Return Partners Japan has the highest debt with the debt-to-GDP ratio well above …
European financials are under-performing so far this year. Banking stocks in particular have declined heavily due to a multitude of factors including fears of UK exiting from the EU. Unlike the swift recovery of US banks, European banks never full regained their glory since the peak of the global financial crisis. Years of poor returns …
Continue reading ‘Franklin Templeton: European Financials Are On Sale Now’ »
The Trans-Pacific Partnership (TPP) is a trade agreement among 12 Pacific Rim countries. Like other trade deals in the past, this new agreement aims eliminate hundreds of taxes and tariffs between member countries and make trade easier and efficient effectively benefiting all members. Click to enlarge The US will be the largest trade partner within …
Investors tend to focus on cash held by US corporations rather than their outstanding debts. All too often investors analyze and wonder about all the cash and cash equivalents held by large US firms. Every now and then the media also publishes a report on the cash pile that American corporations are hoarding within the country and …
Continue reading ‘Outstanding US Corporate Debt, Not Cash Held, Is Important To Consider’ »
Commodities: the bear market is over (Schroder’s) As union membership has fallen, the top 10 percent have been getting a larger share of income (EPI) Schwab Market Perspective: Stocks Stuck in the Muck (Schwab) The end of the American Dream (MoneyWeek) UK Stocks: 11 PRIZED BLUE CHIPS THAT HAVE BECOME TARNISHED TREASURES (Money Observer) Happy Birthday, Intercity Express! …