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 Feb, 2017

  Non-Zero Sum

  There are prominent voices (and tweets) urging us to pull back, dig in, and lock the gate. This rising chorus of ...

• 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). ...

• 20 Jul, 2017

  Toes in the Sand

  For me, and I think I speak for everyone on the planet, the feeling of warm sand between the toes is one of lifes great ...