Unicorn’s Performance After Their IPOs

Unicorn’s Performance After Their IPOs A unicorn is a privately held startup company with a value of over $1 billion. The chart below shows the value today, if you had invested $1000 at the time…

S&P 500 Share Buybacks by Quarter

S&P 500 Share Buybacks by Quarter Share buybacks have contracted for the first time since 2017, as trade tensions and economic slowdown worry U.S. firms. Image: The Wall Street Journal

Global Bond Market

Global Bond Market This chart shows the growing global “bond bubble.” Since 2000, the global bond market has tripled in size. Image: J.P. Morgan Asset Management

U.S. Bond ETFs Top Inflows Record

U.S. Bond ETFs Top Inflows Record In June, investors significantly increased their exposure to bond funds, as weak economic data fuels slowdown worries. U.S. bond ETFs inflows hit $25.4bn. Image: Financial Times

Longest Economic Expansion in U.S. History

Longest Economic Expansion in U.S. History Since the Great Recession, the U.S. economy has grown for 121 consecutive months. This is the longest economic expansion in American history. You may also like “Strength of Economic…

Gold is Uncorrelated to World Equity

Gold is Uncorrelated to World Equity Since 1988, the correlation between gold and world equity has been only 3%. The 10-year rolling correlation has been between -10% and 10% over the past 20 years. Image:…

Dow Jones Transportation Average vs. S&P 500

Dow Jones Transportation Average vs. S&P 500 This interesting chart suggests that the Dow Jones Transportation Average underperforms in secular bull markets. Actually, the S&P 500 had higher returns when the Dow Jones Transportation Average…