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).

• 28 Nov, 2016

  Shock, Part 2 (The Asset Allocator's Dilemma)

  In Shock (Part 1) (http://blog.angelesadvisors.com/2016/11/shock-part-1/), we looked at a possible Trump economic agenda ...

• 21 Sep, 2020

  Two (Percent) is a Sad Number

  Last month, the Federal Reserve unveiled its new monetary framework, following an intensive 18-month review. The ...

• 29 Jul, 2021

  Beach Reading

  A few more outstanding books for your summer reading...Black Buck, Mateo AskaripourThis is an exceptional debut novel ...