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By Kuldip K. Ambastha During the past trading week, inflation was seen as a key concern of investors all over the world. In the USA, the January 2022 Consumer Price Index (CPI) report disclosed a massive annualized inflation rate of 7.5%, the highest reading seen since 1982. For a variety of perspectives on inflation from …
Continue reading “Special Update on Inflation – Week of February 7-11, 2022”
By Kuldip K. Ambastha During this past trading week, stocks in the casino sector suffered greatly. After positive daily returns on Monday, September 13, negative daily returns were mostly seen for the rest of the trading week for Las Vegas Sands Corporation (LVS) and Wynn Resorts, Limited (WYNN) per the table seen above (except for …
By Kuldip K. Ambastha On Sunday, March 21, 2021, Canadian Pacific Railway Limited (CP) announced that it would be buying Kansas City Southern (KSU), for $29 billion ($25 billion in cash and equity, along with $4 billion in outstanding Kansas City Southern debt). The surprise announcement resulted in a +11.1% return for Kansas City Southern …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 22-26, 2021”