The bull market in US equities has continued this year with the S&P 500 up by over 24% YTD on price return basis. In the past 5 years the S&P 500’s returns has had an incredible run with an annualized return of 13%. While the S&P 500’s return is 24% based on price returns so …
Continue reading ‘S&P 500 Price Returns vs. Total Returns 1960-2023: Chart’ »
Apple Vision Pro is a wearable headset made by Apple (AAPL) that costs nearly $4,000. In this chart post, let’s take a quick look at the some of the key suppliers for the chips that are in this device. Last year, when Apple’s iPhone 15 came out I wrote a post on the key suppliers …
Continue reading ‘Key Chip Suppliers for Apple Vision Pro: Chart’ »
Germany is the largest economy in Europe and is an export-oriented economy. The latest trade partners chart from DeStatis shows some interesting facts. The top 3 export destinations for Germany goods in 2023 were the US, France and the Netherlands. As the Chinese economy contracted last year exports of goods to the country suffered. As …
Continue reading ‘Germany’s Major Trade Partners and Trade Goods 2023’ »
The US equity market as represented by the S&P 500 has shot up by 21% YTD. While double-digit growth is excellent, the market has become overvalued especially when compared to other developed markets. So for a value-oriented investor better opportunities exist elsewhere. The S&P 500’s forward P/E is 21.0. This is much higher than the …
Continue reading ‘US Stocks Are Overvalued Relative To Other Developed Markets’ »
The automotive industry is one of the largest industries in the EU employing about 13 million people both directly and indirectly according to data by ACEA. Out of the 12.9 million jobs, 2.4 million are direct jobs while the rest are indirect employment. To put it another angle, the auto sector accounts for 3.1 million …
Continue reading ‘Notes on Automotive Employment in the European Union’ »