Saudi Arabia’s Oil Minister Ali al-Naimi made the following statement recently: No one can set the price of oil — it’s up to Allah in an interview with CNBC. It is not clear if he said this as a joke or he was really serious. Regardless we all know that Allah does not set oil prices. …
Chinese equities have outperformed India and other emerging market so far this year.The Shanghai Composite is up by about 33% year-to-date while Sensex is basically flat in dollar terms. Yesterday the Sensex fell 2.64% in the local market. Based on the forward P/E ratio Indian stocks are expensive as they are trading above the 10-year average compared to …
Continue reading ‘Comparing the Forward P/E Ratio of China and India’ »
The S&P 500 is the widely followed benchmark index of the U.S. equity market. It is generally considered as the barometer of the economy as all the major industries are represented in the index. The DAX Index is the major benchmark index of the German stock market. Similarly to the S&P 500, it contains representative …
Continue reading ‘Three Differences Between S&P 500 and DAX Indices’ »
While researching on periodic table of investment returns, I came across the following chart which can be very useful for Canadian investors. This chart shows the comparison of returns for various asset classes. Canadians can use this to plan their portfolio allocation strategies. Click to enlarge Legend: Text Represents RRB Real return bonds S&P500 S&P …
Continue reading ‘The Periodic Table For Canadian Investors’ »
Yesterday we reviewed the Periodic Table of Investment Returns for Developed Markets. The chart below shows the MSCI country returns for Emerging Markets: Click to enlarge Source: Blackrock Brazil has been an average to poor performer since 2010. It is surprising that Indonesia and Philippines are among the top in terms of 10-year annualized returns. …
Continue reading ‘MSCI Single Country Index Returns Review: Emerging Markets 2005 To 2014’ »