SPDR S&P Russia ETF
With the stock market at record highs, should you be loading up—or should you lock in gains?
And like most good questions, there’s not a simple answer. On one hand, S&P 500 companies grew earnings 6% in the most recent quarter. On the other hand, GDP only rose a scant 0.01%, and much of the corporate earnings “growth” was from cost cutting—not top line revenue more »
Russia has much more to offer than stiff vodka and comaraderie.
Alcoa’s (NYSE: AA) stock fell by almost 3% on Wednesday 19th December after Moody’s started a review of Alcoa’s downgrade after a year over year 22% slump in aluminum prices in the third quarter. The company’s current rating is Baa3, i.e., one step away from "junk." Alcoa has cut its smelting capacity by 12% and expects to incur restructuring charges of ~$160 million in more »