How Many Jobs Will the U.S. Infrastructure Spending Create?

The Obama administration has announced that $27B are to be spent on critical repairs to the country’s crumbling roads and infrastructure under the American Recovery and Reinvestment Act (ARRA) of 2009. In total, the government plans to spend $111B in Infrastructure and Science according to the site Recovery.gov.  How many jobs will this infrastructure spending …

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ANZ Bank Expands Presence in Asia

Australia & New Zealand Banking Group Ltd.(OTC: ANZBY) is expanding in Asia with the purchase of Asian assets from the Royal Bank of Scotland (RBS) yesterday. According to Bloomberg “ANZ Bank, Australia’s fourth-biggest lender, will pay $550 million for the RBS businesses in Singapore, Taiwan, Indonesia, Hong Kong, the Philippines and Vietnam, the Melbourne-based bank …

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Knowledge is Power: Frothy Commodities, Jittery Bulls Edition

The world recession that began in the U.S. is hitting Germany much harder than us, due to a collapse in world trade that has damaged an economy that Germans constantly refer to as “the World Export Champion.” Their economy will have shrunk by about 8% by the time it bottoms, whereas America’s GDP should fall …

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Twelve Canadian Dividend Stocks

One of the Dividend Indices in the family of Dow Jones Stoxx Dividend Indices is the “Dow Jones STOXX® Americas Select Dividend 40 Index” for the Americas. The objective of this index is “to measure the performance of the highest dividend-paying stocks relative to their home markets”. Some of the unique features of these STOXX …

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Daily Wisdom: Emerging Markets Rock Edition

EPFR Global attributes the strong inflows to corporate earnings and macroeconomic trends.Equity fund inflows hit one-year high According to Barclays Global Investors, there were 272 ETFs with exposure to emerging markets as of end-June.Assets of emerging market ETFs reach $116 billion The story of the BBC Box mirrors the fortunes of the global shipping industry.Where …

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