The Crazy Wonders of Stock Markets

DAILY BASKET – NEWS COMMENTARY

The Crazy Wonders of Stock Markets

MARSAL COMMENTS: The price of the shares of Tesla, the American electric car manufacturer, has risen in the stock market to a point where its value is greater than that of General Motors! Its market value has reached US$ 51.5 Billion, while General Motors’ market value is US$ 50.2 Continue reading “The Crazy Wonders of Stock Markets”

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Arab Bank Sued In US Courts For Terrorism

DAILY BASKET – NEWS COMMENTARY

Arab Bank Sued In US Courts For Terrorism

MARSAL COMMENTS: The US Supreme court will hear a case against the respectable “Arab Bank” of Jordan, for acting as a bank used by terrorists. The plaintiffs, approximately 6000 victims of terrorist acts dating as far back as 1995 up to 2005, are claiming millions in compensation. Continue reading “Arab Bank Sued In US Courts For Terrorism”

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A Negative Outlook Of The American Economy

DAILY BASKET – NEWS COMMENTARY

A Negative Outlook Of The American Economy

MARSAL COMMENTS: It is unlikely that Trump will succeed in jump-starting the American economy by his stimulus package or tax reductions. So, thinks David Stockman, President Reagan’s Director of Budget and an ardent believer of Supply-Side economics. Continue reading “A Negative Outlook Of The American Economy”

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US Markets Seem Undecided

DAILY BASKET – NEWS COMMENTARY

US Markets Seem Undecided

MARSAL COMMENTS: After the Fed’s interest 0.25% rate raise, US markets seemed to continue with their upward move. However, they reflected some indecision. S&P 500 closed the week up, but it did fall the last couple Continue reading “US Markets Seem Undecided”

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ADDENDUM TO: Yesterday’s article on Electricity Rate Increases

ADDENDUM TO: Yesterday’s article on Electricity Rate Increases

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Yesterday’s article on electricity (The Petrol Price Hike is Peanuts) created quite a stir, and probably generated plenty of questions. And on the advice of our friend, Mr. Abdul Rahman Al Houty, we herewith add some more information to add clarity to a difficult subject. (However, this does not eliminate the need for a full-fledged in-depth study of the issue).

NOTE: Like all averages, these are very rough indications. Each is based on separate assumptions that may or may not be relevant to our case.
House size, family size, climate, etc. are based on other countries and societies which are different to the Kuwait and the Gulf. Continue reading “ADDENDUM TO: Yesterday’s article on Electricity Rate Increases”

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