Many American companies are successful at operating in other countries far away from the US and have become true multinationals. However there are some firms that have failed miserably in their expansion in overseas markets. They failed for a variety of reasons ranging from not respecting local culture and customs to trying to impose American …
The makeup of the US stock market has evolved over the past two centuries according to the changes in the economy. When the market was first established in the 1800s financial firms were the only ones listed as per an article in the Ruffer Review published last year. Transportation firms especially the railroads dominated in …
Continue reading ‘Concentration in the US Equity Market in the Long Term’ »
It is always interesting to hear their thoughts on the US from foreigners. The views tend to differ based on where they come from. For example, someone from a poor country might consider the US as the best in everything. However someone from another developed country say Canada, Germany, France, UK, etc. might not agree …
Continue reading ‘Interesting Views on America by a BBC Editor’ »
The automotive industry is projected to see major changes in the year leading to 2030 as the world moves away from internal combustion engine vehicles to electric vehicles (EVs) according to the World Investment Report 2020 published by UNCTAD. Today the auto industry is a highly complex industry with many Original Equipment Manufacturers (OEMs) and …
Tax rates vary by state in the U.S. From sales tax to income tax and everything in between rates differ from one to another. A few states do not have either income or sales tax at all. For instance, there is no personal income tax in the state of Florida. Recently I learned that not …
Continue reading ‘Sales Tax on Grocery Items by State: Chart’ »