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).

• 16 Nov, 2017

  Hot As Hell

  Hell is hot, as everyone knows. Everyone knows this, but there really is no conclusive evidence: no eyewitness reports, ...

• 31 Oct, 2014

  QE Impact?

  QE3 (the policy, not a new Cunard ship) was launched 2 years ago and ended this week. The expanded it balance sheet by ...

• 14 Jan, 2020

  From the Kentucky Coal Mines to the California Sun

  Rupp Arena is one of the iconic venues for college basketball in the country. It is named for Adolph Rupp, the legendary ...