The BM&FBOVESPA Public Utilities Index(UTIL) is one of the four new indices that started trading on the Brazilian market this month. This index is composed of companies in the public utilities sector (electric energy, water and sewage, and gas).The index components are selected for their liquidity and weighted in the portfolio by the market value …
Smaller companies in general tend to yield better returns than larger companies despite their higher risk and other perceived negative factors. I came across two articles that confirms that stocks of small companies are better investments than most large companies. From “Why So Many Blue-Chip Investors Are Still Singing the Blues” by Jason Zweig in …
Continue reading ‘Why Small and Mid Caps Are Better Investments Than Large Caps’ »
The official unemployment rate in the U.S. stood at 9.0% in April. 13.7 million Americans are out of work. Even the lucky ones who hold a job are finding it difficult to make a decent living due to rising cost of living and stagnant to down wages. While equity markets have soared from the depths …
Continue reading ‘The Horrendous Decline in U.S. Labor Income for the Past Four Decades’ »
The Chinese are the largest consumers of not just the basic commodities like crude oil, soyabeans, iron ore, aluminum, etc. but diamonds as well. According to Bloomberg BusinessWeek, diamond sales in China jumped 25% in 2009 making it the second largest market after the U.S.
The Top 10 Brazilian Banks based on Assets held as of December 2010 are listed below: Click to enlarge Source: Banco Central Do Brasil The top bank in this list is the state-owned Banco Do Brasil (BDORY). Its ADR currently pays a 1.12% dividend yield. The second largest bank is Itaú Unibanco Holding S.A. (ITUB) …