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).

• 6 Feb, 2015

  Jobs, Jobs, Jobs

  The US economy is stronger than we think: 257,000 net new jobs in January, but another 404,000 jobs were "found" (due to ...

• 17 Nov, 2014

  Money Matters

  When the Fed embarked on Quantitative Easing (QE), many prominent economists warned this would lead to hyperinflation ...

• 29 May, 2015

  Yasou!

  Let me stipulate up-front: I love Greece. Everything about it: the food, the weather, the history, the music, the ...