Every year highly-skilled foreign workers compete to enter the U.S. via the H1-B visa program. April 1st week is the H1B visa cap season. Currently this program has a cap of 85,000 per year. In the past few years, the demand for these visas has far exceeded the supply. Hence a lottery has been designed if …
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DRIVEN INTO DEBT – Riches Built on Subprime Auto Loans to the Poor (NY Times) Who’s winning: Active or passive investors? (Financial Post) Beware momentum stocks in sheep’s clothing (Money Observer) Chile, the star pupil of the Chicago school, has turned out to be a dope-smoking shoplifter (FT beyondbrics) India has a strong year – but there’s still plenty to …
Continue reading ‘Knowledge is Power: Chile, Active vs. Passive, Latin America Edition’ »
Portugal Telecom (PT) ADR delisted from the New York Stock Exchange(NYSE) recently. With this delisting, none of the companies from Portugal trade on the U.S. Exchanges any more. According to a filing with the SEC, PT plans to have its ADRs traded on the OTC market but details have not yet been finalized. The last date …
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The performance of most emerging market equities in the past few years has been average to poor. Developed markets have especially performed well in the recent past handily beating their emerging market peers. The BRICs used to the hot destination for many years. However collectively they have disappointed investors with the exception of India. Compared to …
Continue reading ‘Emerging Market Equities are Lagging Developed Market Equities’ »
The current yield on the U.S. 10 year Treasury note is 1.96%. In the past five years, the yield has dropped from about 4% to about 2% recently. In the past, U.S. Treasuries have yielded excellent cumulative returns during certain periods. The following chart shows the historical yield on the U.S. 10-year Treasury from 1954 thru …
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