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).

• 9 Dec, 2024

  Fireside Reading

  Seven selections for your winter reading, including my Book of the Year. May you have a warm and enchanting reading ...

• 17 Mar, 2015

  Erin Go Bragh!

  In honor of St. Patrick, I thought I'd share this (mostly) green chart with you, showing the DJIA over the past 115 ...

• 10 Sep, 2020

  Still Beach Reading

  It's still beach weather here in Southern California, so I have a few more suggestions for beach reading.Begin Again by ...