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).

• 27 Jul, 2015

  Hot Bidding

  The housing recovery, from its worst downturn since at least the 1930s, has been steady, but much less robust than most ...

• 11 Sep, 2015

  Mauled

  Investors in Emerging Markets could be forgiven for feeling as if they've gone 15 rounds with Ronda Rousey (see below). ...

• 3 Mar, 2019

  Truth and Consequences

  Archaeological evidence suggests that, for thousands of years, the people who inhabited the Great Plains of North ...