Selected Fun Facts

Some fun facts about this year (courtesy Michael Hartnett of Merrill Lynch):

• US equities (+14%) are ahead of European equities (-6%) by the widest margin since 1976.
• US large cap is beating US small cap by 950 bps, the most since 1998.
• 50% of all government bonds globally yield less than 1%.
  • Notable exception: Venezuela US$-denominated bonds yield 22%.
• Apple’s market cap ($662 billion) is one-third greater than all Eurozone banks combined, and nearly as large as every listed company in Latin America ($695 billion).

• 23 Oct, 2015

  Patricia

  It's another beautiful day in Santa Monica: blue skies, a few high wisps of stratus clouds. But 1500 miles south of here ...

• 15 Oct, 2014

  MLPs

  Some historical data from Credit Suisse below: MLPs are off 14% this month, pretty bad. Subsequent performance (no ...

• 19 Feb, 2015

  Diversify

  Each year for clients we update a very colorful graphic ranking the annual performance of various asset classes. Each ...