Number of listed equities on NYSE was 3572 in 2000, fell to 3062 in Q1'18.

US = 37% of global government bond market.

Tech sector market cap: US $6.6tn, China $0.7tn, Europe $0.5tn, Japan $0.5tn 7.

Peak-to-trough yield from GFC: global HY 23.1% to 5.0%; now 5.9% 11.

Dividend yields >5%: banks in Aust, Brazil, France, Italy; US telcos; UK energy 14.

Categories: ZH