The chart below answers the question in the title of this post: Source: Treasury Bulletin March 2011. U.S. Department of the Treasury From the report: Individual income tax receipts, net of refunds, were $256.0 billion for the first quarter of fiscal year 2011. This is an increase of $48.3 billion over the comparable prior year …
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Emerging markets have not performed well in recent months compared to many developed markets. Investors are concerned about investing in emerging markets due to inflation, political risks and other factors. However according to a report by Josephine Shea of Hartford Investment Management the best days of emerging markets(EM) are in fact ahead of us. He …
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One of the factors that investors need to consider when selecting an emerging market for investment is the country’s trade with other emerging markets. Countries such as China that depend heavily on exports to the developed world will not fare better should the developed countries experience another downturn again. Emerging market countries that depend on …
The Formula One is the world’s most prestigious race car championship in the world. Wikipedia notes the following about Formula One: Formula One, also known as Formula 1 or F1 and referred to officially as the FIA Formula One World Championship,[2] is the highest class of single seater auto racing sanctioned by the Fédération Internationale …
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Housing prices are flat to down in countries whose financial systems were badly damages by the financial crisis. However countries which avoided the big banking crisis have seen housing prices grow according to a recent article in the Journal: Source:Housing Bubbles Percolate Far From Crises Elsewhere, The Wall Street Journal