1.In more normal times, shareholder meetings were relatively genteel affairs. A smattering of people, many retired, would show up, ask a few questions and approve the various resolutions before demolishing the wine and sandwiches. A chief executive was more likely to be challenged over the quality of the biscuits than the finer details of the …
Continue reading ‘Knowledge is Power: Banks of Brazil Ready to Bounce Edition’ »
The IMF released it Regional Economic Outlook for Europe on May 12th. Some of the key takeaways from this release are: Source: IMF Europe’s current deep recession there is a risk that it could worsen further Western Europe is projected to see their economies shrink by 4.0% in 2009 Output in Emerging European countries would …
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The latest US trade data show a small improvement. The trade balance for February 2009 stood at -$26.0BÂ from $36.2 in January. Canada, China and Mexico remained the top three countries with which the US trades. Trade with Canada, the largest trading partner of US, stood at $33.02B but that is still 32% less than …
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Emerging market indices have outperformed developed markets since the lows reached on March 9 this year. The following table lists the performance of select indices: [TABLE=149] The top markets in the global recovery were Singapore and Hong Kong with both rising over 50%. During the same period the S&P 500 is up 37%. Latin American …
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Foreign utility stocks have performed well similar to the financial sector off the lows attained in March this year.While the financial sector gets most of the media attention due to the stress-tests in the US, bailouts and other events, I wanted to find out how the foreign utility sector was performing since the March lows. …
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