By now we all have heard about the looming “Fiscal Cliff”. If President Obama and the Congress failed to act, a series of serious budget provisions including tax increases and spending cuts will go into effect as of January 1, 2013. The Bush era tax cuts will expire and every one’s tax rates will go […]
Month: November 2012
Can Chinese premier-elect Li Keqiang fix the slowing economy?
China’s once in a decade leadership transition took place at the recently concluded communist party meeting. As expected the incoming Communist Party General Secretary and President-elect Xi Jinping take control in March 2013. Much has written about Xi Jinping but not much about the China’s premier-elect Li Keqiang, who will be in charge of the […]
Troubles for Hewlett-Packard continues
The Palo Alto, California based hardware giant Hewlett-Packard (HP) just announced that it is taking an $8.8 billion accounting write-off for the acquisition of British software giant Autonomy they bought in the summer of 2011 for $10.3 billion. Due to the size of the acquisition two lawyers and several financial institutions assisted HP to make […]
Does the size matter when investing in ETFs?
There are more than 1,400 ETFs covering very narrow emerging market segments to much larger indexes in developed nations. But more than 87 percent of the money invested in ETFs are with four providers; iShares, State Street, Vanguard and PowerShares. Does the size matters when investing in ETFs? Buying ETFs are easy. But liquidating or […]