US equity markets have performed poorly so far this year to say the least and are the edge of tuning into a bear market. Last week was especially brutal as retail and consumer staples sector were also thrashed. Sectors such as utilities and energy have offered shelter from the carnage but it remains to be …
Continue reading ‘Why Diversification of Assets in a Portfolio is the Key’ »
Earlier this year, Transparency International released the 2021 Corruption Perception Index. According to the report, the least corrupt countries are Denmark, Finland and New Zealand. The most corrupt countries are South Sudan, Somalia and Syria. The US was ranked 27th. Ukraine ranked 123 out of 180 countries and Russia came in at 136. Click to …
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The equity investment returns of the G-20 countries based on their benchmark index from 2000 to 2020 is shown in the chart below in the order of performance. The returns noted are in US dollars and do not include dividends and fees. Click to enlarge Source: Quantalytica Related EFTs: PowerShares India (PIN) SPDR S&P 500 ETF (SPY) …
Continue reading ‘Periodic Table of G-20 Countries Investment Returns 2000 to 2020: Chart’ »
Australia’s Westpac Banking Corporation’s ADR was delisted from the NYSE and last traded there on Jan 31, 2022. ADR holders have the option of converting them to ordinary shares trading on the US OTC market or on the domestic market in Australia. The deadline to surrender ADRs is June 2, 2022 – less than 2 weeks away. …
Continue reading ‘Reminder: Westpac ADR Conversion Deadline Nearing Soon’ »
Russian energy giant Gazprom has decided to terminate its ADR program. According to the depository BNY Mellon the ADR program will be terminated June 16, 2022. Holders of the ADRs have the option to convert them to ordinary shares that trade on the domestic exchange in Russia or surrender the ADRs to receive payment of sale …
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