The Wall Street Journal’s Jason Zweig has written an interesting article on the risks of high yields paid by closed-end funds. Closed-end funds trade like stocks and are considered cheap when they trade at a discount to their NAVs. They trade at a premium if the market price is more than their NAV. Closed-end funds …
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The S&P Agribusiness North America Index consists of 24 largest publicly-traded agribusiness companies that are either Producers, Distributors & Processors and Equipment & Materials Suppliers in this sector. The Constituents in this Index must meet the following criteria: Trade on the U.S. and Canadian exchanges including ADRs Have minimum market capitalization of US$ 500M at …
The U.S. official unemployment rate was 9.7% in January, 2010. The number of unemployed persons in the country stood at 14.8 million. The distribution of unemployment among the major worker groups: Whites= 8.7% Blacks = 16.5% Hispanics =Â 12.6% Asians= 8.4% Adult Men=Â 10% Adult Women = 7.9% Teenagers= 26.4% While the above distribution gives …
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A new report from Silicon Valley nonprofit groups Joint Venture: Silicon Valley Network and Silicon Valley Community Foundation casts doubt on the future prosperity of the region and mentions that the valley’s innovation engine is at risk. From a news report: “Silicon Valley’s innovation engine has driven the region’s prosperity for 60 years, but at …
After Brazil, Chile is the one of the attractive destination for overseas investors. While Chile’s economy is primarily a commodity-based economy, there are many other factors that favor Chile. From a recent report by OECD: “Chile has managed the crisis better than other small open economies ,†said OECD Secretary-General Angel GurrÃa. “Thanks to sound …