European equities have fallen heavily in the past few weeks from their 2015 peaks due to the Greek debt crisis. For example, the DAX has declined from 12,390 in April to 10,667 today. As of July 7 close, the returns of the major indices are listed below: S&P 500 Index: 0.5% UK’s FTSE 100: -0.50% …
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Angela’s Ashes: How Merkel Failed Greece and Europe (Der Spiegel) Fracketeering: how capitalism is power-hosing the last drops of value out of us all (The Guardian) Priceline – the $60bn travel titan you may never have heard of (The Guardian) The Dustbin of History (Canadian Investment Review) Why I avoid overshooting when shopping for yield in US equities (Money …
Continue reading ‘Knowledge is Power: Fracketeering, US Stocks, Fracketeering Edition’ »
The greek debt drama continues to drag on with no end seem to be sight. Now that the Greeks have voted “no” to creditors’ demands in the referendum yesterday, the country faces a difficult future ahead. Today the OECD released a report titled “Government at a Glance 2015” comparing the performance of public sector across countries.The following are …
Ever since the Global Financial Crisis of 2008-09, some investors have avoided bank stocks. However that need not be the case as most banks have cleaned up their balance sheets and are in a much healthier shape now. In fact, on a global level US banks are stronger now than their developed world peers. The …
In an earlier post, I noted that coal is the major source of electricity generation in the U.S. In this post, let us take a look at the major coal producers in the country. Before we get to the list, here are a few points on the US coal industry: The US holds the world’s …