1.In an effort to energize the economy, stimulus checks are being mailed to millions of people. Unfortunately, thousands of the recipients are dead.Memo to the government: Dead people don’t spend 2. Gross domestic product (GDP) in the OECD area fell by 2.1% in the first quarter of 2009, the largest fall since OECD records began …
Continue reading ‘Knowledge is Power: Trickle-Down Economics Edition’ »
Rio De Janeiro, Brazil The Grande Latin America ETF is the iShares S&P; Latin America 40 Index Fund (ILF) since it has the 40 largest companies in Latin America as defined by the S&P; Latin America 40 Index. S&P; Definition for this Index: “S&P; Latin America 40 represents major economic sectors of Mexican and South …
Asians are generally known to save a higher portion of their income.Many of the banks in Asia are very conservatively run profitable businesses.For example,the banks are not permitted to have high leverage ratios and sub-prime mortgages are unknown. However due to globalization, most of the Asian banks suffered as well during the in this credit …
1.THE Big Four banks have morphed into a ‘Big Two’ and the corporate watchdog isn’t happy about their growing power.Big Four banks morph into ‘Big Two’ 2.When JPMorgan Chase & Co. slashed its dividend 87% in February, from 38 cents to 5 cents per quarter, it marked one of the last dividend holdouts to crumble …
Continue reading ‘Knowledge is Power: Dividends – Death by a Thousand Cuts Edition’ »
The following chart shows the domestic market capitalization of different markets from Jan 2008 thru April 2009 (click to expand): Source: World Federation of Exchanges – Focus May 2009 Report The report contains other fascinating statistics on share trading values, domestic market capitalization of individual exchanges, equity investment flows, etc. For eg. – the market …
Continue reading ‘Chart: Domestic Market Capitalization Change 2008-2009’ »