Source: Der Spiegel The global economic crisis is wreaking havoc on shipping: Demand and prices have collapsed and ports are filling up with fleets of empty freighters. The crisis has fueled cut-throat competition and not all companies will survive. Germany’s Hapag-Lloyd alone needs 1.75 billion euros to stay afloat.Shipping Industry Fights for Survival The number …
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During the past few months, many investors came to the conclusion that buy-and-hold strategy does not work anymore. However there are some folks who still believe that the strategy still works provided one chooses the right mix of investments for a portfolio and holds it over a long period of time. The following two charts …
Syntactical corrections for government mandated bailouts are usually required because such programs usually say one thing and deliver something quite the opposite. That notion is true for the “Cash for Clunkers” program in the US government, which has had the effect instead of delivering Clunkers for Cash.Clunkers for cash However the US government intends to …
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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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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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