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).

• 1 Aug, 2022

  THE G.O.A.T.

  John Harris owned a skating rink in Pittsburgh. In 1940, he invited Olympic star Sonja Henie to skate between periods of ...

• 7 Apr, 2016

  Still in Neutral

  The first quarter began with a bang and ended with a whimper. At least, that's the message from the VIX (volatility ...

• 11 Nov, 2014

  Logistics

  Not enough attention is being paid to the work slowdown/stoppage going on at West Coast ports.The last time there was a ...