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).

• 19 Mar, 2015

  Negative Yields

  One of the (many) perplexing phenomena facing investors is the persistent (and falling) low yields on government ...

• 11 Nov, 2014

  How The Mighty Fall

  Between March 2000 and October 2002, the NASDAQ Index fell 75%, from over 5,000 to under 1,300. Of course, valuations ...

• 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 ...