The U.S. remains the world’s largest trader in Merchandise. In 2011, imports of exports totaled about $3.7 Trillion and the trade deficit stood at $785 billion according to trade data from World Trade Organization (WTO).China and Germany were the 2nd and 3rd in merchandise trade followed by Japan. Unlike the U.S., both China and Germany ran …
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Coal is a major key source of electricity production in the U.S. In 2011, about 42% of power produced came from coal. In that year, coal mines produced 1,094.3 million short tons of coal. Where we get coal? Coal is mined in 25 states in the country. The top state in coal production is Wyoming followed …
“Competition is a sin.” – John D. Rockefeller, American industrialist and philanthropist In January 2012, I posted an article on the monopoly madness in the U.S. railroad industry where a handful of Class I carriers dominate the industry today. Last week two of the large U.S. airlines, American Airlines and US Airways announced to merge their operations to …
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“The time to buy is when there’s blood in the streets.” – Baron Rothschild I came across a Bloomberg BusinessWeek article from June, 2012 discussing about finding hidden opportunities in Greece. Since the Greek equity market was decimated during the previous few years as a result of the Greek crisis and the ensuing recession, George Elliott of …
One of the ways to invest in and profit from the oil industry is to invest in companies that supply the equipment and services to the major producers. I wrote an article on this strategy before. In this post let me discuss the simplest and easiest way to gain exposure to this sector via ETFs. Investing with …
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