Steve Pokin Springfield News-Leader Published 12:57 AM EDT Nov 4, 2018 A month ago, Del Prichard asked me to meet him in Ash Grove, where he lives, so I could take a look at a piece of direct mail he received. It asked him to contribute to an organization in Perryville called Missouri's National Veterans Memorial. Prichard, 77, a big guy, was in the Army from 1960 to 1980 and twice served in Vietnam. He says he donates often to organizations like The Kitchen and Ozarks Food Harvest. He was skeptical of the organization and of the polished four-piece solicitation and its yellow-highlighting, which asked him to return either a blue or gold star with a contribution — check a box — of $15, $20, $35, or more. A second box said: "Make this a monthly gift." "They are getting a little greedy, aren't they?" he told me. Prichard wanted me to check out the legitimacy of the nonprofit. After doing my due diligence as a reporter, my conclusion … [Read more...] about Pokin Around: Vietnam vet asks me to check out group seeking donation
Investing in vietnam stock market
Most U.S. equity stocks and funds have come under pressure amid recent market volatility, but a Vietnam ETF is near highs after a breakout. X VanEck Vectors Vietnam (VNM) climbed past a 19.36 cup-with-handle buy point March 20. It pulled back and broke out again a week later. It remains near the top of a buy range from the entry. But keep in mind: All purchases are at much greater than usual risk with the market in correction. The $450.6 million fund was last featured in the ETF Leaders column on March 15, as shares approached the potential buy point. The fund formed much of the base along support at its 50-day moving average. VNM tracks the MVIS Vietnam Index, which is composed of companies based in Vietnam or that generate at least 50% of their revenue in Vietnam. Vietnam accounted for the biggest country weighting as of Feb. 28, at nearly 75% of assets. South Korea was second at 9%, Japan 5%, and Taiwan 4%. China and the U.K. made up about 3% each. In terms of sectors, … [Read more...] about This Frontier Play Is Red Hot As U.S. Stock Market Corrects
By Isabel Coles and Ali Nabhan April 1, 2018 7:00 a.m. ET 0 COMMENTS BAGHDAD—Iraq’s stock market, tucked behind blast walls in an upscale part of Baghdad, is defying the violent swings that have struck the global markets this year. Shares of companies listed on the frontier market are among the world’s top performers in the first quarter as investors bet on the country’s economic recovery following the defeat of Islamic State. The three-year war destroyed parts of the country’s infrastructure, leaving many businesses struggling. As the government seeks to rebuild the war-ravaged country with the help of foreign aid and investments, investors are buying up shares of Iraqi companies they expect to benefit the most from those efforts—from banks and industrials to telecommunications firms and hotels. The Iraq Stock Exchange benchmark ISX index is up about 10% this year, ahead of other similar frontier markets that are up 0.6%, according … [Read more...] about Worried About a Global Markets Meltdown: Try Iraqi Stocks
If Macau casinos continue to coast on the backs of VIP gamblers, then it may mean they have gone as far as they're going to. Although gaming revenue has bounced well off the lows it hit at the industry's nadir, it remains well below where it was at its peak. Despite having implemented strategies to attract a more mass-consumer crowd, the casinos seem content to ride the wave of the high rollers, and that doesn't bode well for their stocks.Still on a roll?The Macau Gaming Inspection and Coordination Bureau reported February gaming revenue hit 24.3 billion patacas, which is the local currency, or the equivalent of about $3.1 billion. While that's 5.6% above the year-ago number, it represents the first time since January 2017 that Macau's casinos haven't posted a double-digit increase in monthly gaming revenue. It may suggest that this is the new normal.Data source: Macau Gaming Inspection and Coordination Bureau. Chart by author.Gaming revenue hit a peak in February 2014 when the casinos … [Read more...] about If Macau Has Peaked, Are These Gaming Stocks Still a Buy?
INDIANAPOLIS — Quoth the Legislature: "Nevermore."The General Assembly on Tuesday advanced to the governor's desk a measure cleaning up Indiana's laws by replacing archaic language with more accurate terms familiar to modern Hoosiers.Specifically, House Enrolled Act 1031 substitutes other words for "herein, hereafter, hereinafter, therein, theretofore, hereunder, hereinunder, heretofore, hereinabove, and thereunder" wherever they appear throughout the Indiana Code.It also replaces the remaining instances where "his" is used to describe the duties of a state officeholder, now that five of the seven statewide elected officials are women.State Rep. Thomas Washburne, R-Inglefield, the sponsor of the proposal, said deleting the outdated language will keep the Indiana Code "very, very pleasant to deal with compared to many other states," for lawyers and citizens alike.The 169-page measure passed the House, 91-0, and the Senate, 48-0.Check out our Crossing the Line series here Crossing … [Read more...] about Say farewell to archaic words, male-only references in Indiana’s laws