Emerging markets have easily outperformed the developed world markets since stocks rebounded from March this year. Emerging countries such as Brazil, India, China, etc. continue to attract capital and show strength relative to developed markets. Massachusetts-based EPFR Global which tracks fund movement worldwide, said that another $3.5 billion went into emerging market equity funds for …
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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 …
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Recently the Department of the Treasury/Federal Reserve Board updated the Major Foreign Holders of Treasury Securities data. The following are the top ten creditors to the USA as of March, 2009: [TABLE=150] Not surprisingly China is still the largest holder of US debt. The Chinese hold $767 B in March this year compared to $727 …
Today Nobel Prize-winning economist Paul Krugman, told participants at a global financial conference that “The United States may emerge from recession in a technical sense as early as this summer, though a likely worsening in labor conditions means a “depressed economy” could last as long as five more years.” According to him, while the US …
Continue reading ‘Will the Announced US Financial Rescue Packages Be Enough?’ »
The following two charts show that US financial institutions are no longer the best in the world when compared to 1999. Chart #1: Chart #2: Source: Financial Times Though the above graphs were from March of this year it is worth reviewing. In 1999, out of the Top 20 financial institutions in the world, 11 …
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