Dear PGM Capital blog readers, On Friday February 2, all three major U.S. stock indexes tumbled with the Dow seeing its worst percentage drop since June 2016 as climbing bond yields prompted a selloff in equities. The Dow Jones Industrial Average fell 665.75 points, or 2.54 percent, to 25,520.96 points as can be seen from[…]
Dear PGM Capital blog readers, In this weekend blog edition, we want to discuss some of the most important events that happened in the global capital markets, the world economy and the world of money, in the week of January 22, 2018: Diageo reports Interim Results, half year ended 31 December 2017. The Hong Kong “Hang[…]
Dear PGM Capital blog readers, On Thursday January 4, 2018, the Institute of International Finance (IIF) said that global debt rose to a record US$233 trillion in the third quarter of 2017, more than US$16 trillion higher from end-2016. INTRODUCTION: According with figures of the Washington DC-based financial industry body, “The Institute of International Finance” which[…]
Dear PGM Blog reader, In this weekend blog article, we want to take the opportunity to discuss the latest figures regarding the rise of the global inflation figures and the best way to hedge against it. INTRODUCTION: In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period[…]
Dear PGM Capital blog readers, In this weekend blog article, -the first one for this year – we want to elaborate with you, on the legalization of Marijuana in eight USA states and the planned legalization in July this year in Canada. Currently nothing on earth is growing faster than the market for legal Marijuana.[…]
Dear PGM Blog reader, In this yearend blog article, we want to take the opportunity to review the year 2017 and try to give an outlook for the year 2018. THE YEAR 2017 IN REVIEW: The year 2017, has been a tumultuous year marked by natural disasters, geopolitical tensions, and deep political divisions in many countries.[…]
One of the joys of the Holiday season is the opportunity to express to you our sincere appreciation for your confidence and loyalty during the year 2017. We are looking forward serving you in 2018 and beyond, to the best of our abilities. Wishing you and your love ones A joyous holiday season, a Healthy[…]
Dear PGM Blog reader, In this weekend blog article, we want to take the opportunity to discuss with you, why Investing in the big Canadian Banks, can be lucrative for value investors. INTRODUCTION: Big Five is the name colloquially given to the five largest banks that dominate the banking industry of Canada: Bank of Montreal (BMO), Bank of Nova Scotia (Scotiabank), Canadian Imperial[…]
Dear PGM Blog reader, In this weekend blog article, we want to take the opportunity to discuss with you, why Investing in “Ping An Insurance Group” (2318.HK), can be lucrative for value investors. INTRODUCTION: Ping An Insurance known also as Ping An of China, full name Ping An Insurance (Group) Company of China, Ltd. is a holding company whose subsidiaries mainly deal[…]
Dear PGM Blog reader, On Friday, November 17, World’s biggest Sovereign Wealth Fund, “Norway’s Sovereign Wealth fund” has told its government it should dump its shares in oil and gas companies, in a move that could have significant consequences for the sector. INTRODUCTION: The Norway’s Sovereign Wealth Fund, also known as the Oil Fund or Petroleum Fund, was[…]