Image Source: The Telegraph So it is official now! Donald Trump will be the 45th President of the United States. His victory was not only unexpected but also feared. The impact was visible across markets. The Mexican Peso crashed sharply, US Dollar also lost value against hard currencies, the bond markets tanked and the Dow …
The trade data for the month of January 2017 was announced on 15th February. Compared to the previous month of December 2016, exports were down but imports saw a sharper fall. This led to the trade deficit reducing marginally from $10.37 billion in Dec-16 to $9.85 billion in Jan-17. The data for Jan-17 also assumes …
Overview The NASDAQ dropped more than 2% on Tuesday, as investors sought refuge in more protective sections of the market after sharp declines in mega cap growth stocks sent Wall Street below record trading levels. Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc, and Facebook Inc all saw their stock prices drop between 2.3 percent …
The much awaited Donald Trump’s address to the Joint Session of Congress actually evoked mixed feelings. There is no gainsaying the fact that the speech was thoroughly inspiring. With his focus on “Making America Great Again”, Trump managed to almost recreate the now-famous “Audacity of Hope” speech delivered by Barack Obama a little over 8 …
In an American economy where most fund managers have struggled to beat the index, Warren Buffett has been something of an incredible exception. Consider these statistics! Over the last 52 years since Buffet’s company, Berkshire Hathaway started investing in equities it has given an annualized return of 21% compounded. What is more interesting is that …
Recent Asian Equities Surge Most Asian markets rose on Monday, extending a surge that pushed global shares to new highs after a US report showed the economic recovery was still intact but didn’t necessitate a withdrawal of the Federal Reserve stimulus just yet. The Nikkei, on the other hand, bucked the trend, dropping 0.5 percent …
The American challenge for Indian IT industry continued over the weekend. American challenges are nothing new for the Indian IT industry. For the last 5 years, Indian IT industry has been facing up to challenges like the slowdown in BFSI segment, weakness in telecom & hydrocarbon verticals, negative growth in tech spending, shift to digital …
