Emerging equity markets are lagging the performance of developed markets this year. The year-to-date price returns as of May 31st of some of the major emerging and developed indices are listed below: S&P 500: 14.3% UK’s FTSE 100: 11.6% France’s CAC 40: 8.4% Germany’s DAX: 9.7% China’s Shanghai Composite: 1.4% India’s Bombay Sensex: 1.7% Brzail’s …
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The U.S. equity market is one of the best performing market among developed countries so far this year. For example, the S&P 500 is up by 14.35% on price return basis and 15.37% on total return basis year-to-date. Financials have skyrocketed with the sector in the index up by over 20%. Healthcare and Consumer Discretionary …
The S&P 500 Index is the best representation of large cap U.S. companies. The index was first published in 1957 and the components in the index capture 75% coverage of all U.S. stocks. The S&P 500 is the widely followed barometer of the U.S. equity markets. The S&P/TSX Composite Index is the benchmark index of …
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Technological advancements made possible by computer is destroying jobs faster than creating them according to a study by economists Andrew McAfee and Erik Brynjolfsso of MIT. Many scholars are now warning that this revolution is different unlike past warnings of destruction of jobs due to technological innovations that have proved exaggerated. From Man vs. Machine: Are Any …
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The chart below shows the Leading Exchanges for Oil and Agricultural Commodity Derivatives. It is interesting that the three exchanges that are outside of the U.S. are in China and India. Click to enlarge Source: Price formation in financialized commodity markets, The role of information, June 2011, UNCTAD