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).

• 17 Oct, 2016

  What I Learned While Atoning

  Twenty-four hours without food or drink is supposed to help focus the mind on the task at hand: atoning for the sins of ...

• 30 Apr, 2015

  Seven Lean Years? Done in Seven Minutes

  In Genesis (41:27), Joseph interprets Pharaoh's dream of 7 fat cows followed by 7 lean (and apparently, ugly) cows, as ...

• 4 May, 2015

  Skyscraping

  In 2009, there were 19 buildings in the world with heights above 1,000 feet (305 meters for the non-American readers). ...