The 2009 performance of thirteen large US bank stocks is listed below: [TABLE=271] The worst performer is Citibank(C) which lost 50%. Despite bailed out by the tax payers with billions of dollars Citi could not recover like its peers. Citibank stock is now cheaper than the cost of a McDonald’s value meal.The best performing bank …
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Index providers continue to create many unique indices. One such index is the Dow Jones STOXX Grand Prix Index. This index “tracks the performance of the major players in the Formula 1 industry. The index covers engine manufacturers, tire suppliers, oil and fuel suppliers participating in the Formula 1 as well as title sponsors. ” …
The graph below shows the performance of New York and St.Petersburg Stock Exchange of Russia for the 50-year period from 1865 thru 1917: Source: Capital-Flow-Analysis.com “By 1910, stocks on the St. Petersburg Exchange had increased fourfold in value since 1865, compared to a mere doubling on the NYSE .” Sometimes exogenous variables play an important …
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Food prices skyrocketed worldwide in 2007 and early 2008 leading to a crisis in many developing and under-developed countries. In 2008 and last year prices stumbled and the crisis faded away from headline news. Last November BusinessWeek had an interesting report titled Land Rush in Africa. The article discussed in detail how Agri-business and global …
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The 2009 performance numbers of foreign bank stocks traded in the US markets are listed below in three sections. a. Foreign Bank ADRs [TABLE=270] The best foreign bank ADR was Banco Macro of Argentina with a return of 175%. The worst performer was Llyods Bank of UK which lost 56%. Another British bank Royal Bank …
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