Many of the developed European markets are up by double digits so far this year. The S&P 500 is lagging its European years. Emerging markets are also not doing great. Among the global equities many banks have performed well. The following table shows the year-to-date returns of foreign bank stocks traded on the US exchanges: Note: Returns …
Continue reading ‘Year-to-Date Returns of Exchange-listed Foreign Bank Stocks’ »
The Panama Canal is 48 miles long connecting the Atlantic and the Pacific oceans. The canal opened in 2014. I came across the following cool infographic at Allianz: Click to enlarge Source: Allianz
In October of last year the European Banking Authority published the results of its stress test results of European banks. Most of the banks studied by the agency passed the test with only 13 identified to need extra capital including Banca Monte dei Paschi di Siena SpA of Italy, National Bank of Greece(NBG). From a Journal …
Continue reading ‘On the Tier 1 Common Ratio of Large U.S. Banks’ »
In 2014, the U.S. equity markets had an excellent year with the S&P 500 rising 13.69% including dividends. This year the performance of the index has been average so far. Since the lows attained during the Global Financial Crisis in 2009 the S&P 500 has shot up and has more than doubled. From 2009 thru 2014 except …
Continue reading ‘Double Digit Returns from Stocks is Not the Norm’ »
Canada vs. the U.S.: Whose retirement grass is greener? (Financial Post). Related to the UK, see 74% don’t know Isa allowance limits (Money Observer) 10 things you didn’t know about Eurovision (Deutsche Welle) A tale of three sectors (Allianz’s Unconstrained Thinking) Why households stay away from the stock market in India (The Hindu Business Line) The East India …
Continue reading ‘Knowledge is Power: Investment Strategy, Siberian Hermit, Down Under Edition’ »