Archive of entries posted by David Hunkar

The Composition and Key Indicators of the Australian Economy: Infographic

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The Reserve Bank of Australia has published the updated snapshots of the Australian Economy. The following two are interesting with data as of Feb, 2022.  The composition of the economy shows that natural resources account for about 69% of exports and the largest export market is China. The average price of a residential dwelling at …

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S&P 500 Intra-Year Declines and Total Returns by Year 1980 to 2021

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Volatility has returned to the US equity markets with a vengeance. Stocks were flying smooth last year and always seem to go in only one direction. That is no longer the case. Right the start of the year, starts are swinging wildly taking  investors on a stomach churning ride. Even professional investors are struggling to …

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Westpac Voluntarily Delisted ADRs From NYSE

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The ADR of Australian Bank Westpac ADR used to trade on the NYSE under the ticker WBK. Westpac voluntarily delisted its ADRs from the NYSE effective January 31, 2022. Hence the last day WBK traded on the NYSE was Friday, Jan 28, 2022. Below is the delisting announcement from the bank’s site: 10 January 2022 WESTPAC …

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Biotech Stocks Have Plunged So Far This Year

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Biotech stocks are not performing well at least so far this year. In the past two years or so the sector was hot due to a variety of factors including discovery of vaccines for Covid-19, M&A, investors’ interest, etc. However none of that seems to be in favor of biotechs now. The following charts of …

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VAT Tax Rates in Europe by Country 2022: Chart

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Most countries of the world have a Value-Added Tax (VAT) that is levied on goods and services. The VAT is a consumption tax and varies widely among the member nations of the EU and the UK. The highest VAT rates for 2022 are in Hungary which charges 27 percent and Croatia, Denmark and Sweden where …

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