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It is the end of the first full week in 2025, and my data update for the year is now up and running, and I plan to use this post to describe my data sample, my processes for computing industry statistics and the links to finding them. In the table below, we compare the changes in regional marketcapitalizations (in $ millions) over time.
The first is, of course, the riskfree rate , a number that varies across time (as you saw in post on US treasury rates in data update 4 ) and across currencies (in my post on currencies in data update 5).
trillion in value last week, a 9.24% decline in value from the Friday close on March 28, 2025. China and India have held up the best in the last week, perhaps because both countries have large enough domestic markets to sustain them through a trade war. trillion) were close in percentage terms to the losses in the rest of the market.
In my third post at the start of 2023, I looked at US treasuries, the long-touted haven of safety for investors. In 2022, they were in the eye on the storm, with the ten-year US treasury bond depreciating in price by more than 19% during the year, the worst year for US treasury returns in a century. that was lost last year.
That positive result notwithstanding, the recovery was uneven, with a big chunk of the increase in marketcapitalization coming from seven companies (Facebook, Amazon, Apple, Microsoft, Alphabet, NVidia and Tesla) and wide divergences in performance across stocks, in performance. increase in marketcapitalization.
The Transaction will create an Americas-focused, high-margin, high-growth, mid-tier gold producer with estimated average annual gold production of approximately 500 koz during 2025 – 2026E 1. million ounces of mineral reserves, 8.6 million ounces of measured and indicated mineral resources (inclusive of mineral reserves) and 4.0
Last year, UOB fully integrated its acquired Indonesian and Malaysian businesses onto the bank’s platforms while the migration of the Thai and Vietnamese businesses will be completed in the first half of 2024 and 2025, respectively. In 2023, the bank’s financial data metrics were impeccable: a 27% increase in net profit to a record S$6.1
After its recovery from COVID in 2021, gross bookings will continue to grow at a compounded annual growth rate of 25% between 2022 and 2025, and growth will drop down over the following years. The Hotel Business The hotel business is both large and diverse, composed of hotels that range the spectrum from luxury to budget.
In my last post , I noted that the US has extended its dominance of global equities in recent years, increasing its share of marketcapitalization from 42% in at the start of 2023 to 44% at the start of 2024 to 49% at the start of 2025.
An observer reading just the news stories and asked to guess what the market did during the month would probably have bet on stocks falling steeply, but he or she would have lost that bet, because markets managed to surprise us all again, ending the month almost where they began. Equities: Storm Clouds gather (and dissipate)!
For investment bankers, 2025 will likely offer a different scenario. Global equity markets face risks from the Trump administrations proposed universal tariffs, which could disrupt global trade and corporate earnings. The offering covered 25% of Spinneyss total equity capital, implying a marketcapitalization of $1.5
Disruption's Winners and Losers The obvious winners from disruption are the disruptors, but since many of them scaled up with unformed business models, the payoff is less in the form of profits, and more in terms of their marketcapitalizations, driven by investors dazzled by their potential.
As of May 31, 2025, fiat-backed stablecoins overwhelmingly dominate the market, with Tether (USDT) and Circle (USDC) leading significantly with market caps exceeding $150 billion and $60 billion, respectively. regulatory framework for stablecoins, seeking to resolve long-standing issues concerning oversight and market integrity.
.” Joaquin Sastre Ibanez, Boerse Stuttgart Digital Two major pension funds in the US have already made significant investments in spot bitcoin ETFs: The State of Michigan Department of the Treasury and the State of Wisconsin Investment Board. The latter has committed more than $300 million to IBIT, BlackRocks spot bitcoin ETF.
It is for this reason that I chose to compute returns differently, using the following constructs: I included all publicly traded stocks in each market, or at least those with a marketcapitalization available for them. I converted all of the marketcapitalizations into US dollars , just to make them comparable.
Four weeks ago today, I was sworn in by Secretary of the Treasury Scott Bessent in the Oval Office with President Donald Trump; my family was by my side. The SEC will remain vigilant in our important role to ensure that investors have confidence to participate in the markets. This testimony was delivered on May 20, 2025, by Paul S.
On April 22, I was sworn in by Secretary of the Treasury Scott Bessent in the Oval Office with President Donald Trump; my family was by my side. The SEC will remain vigilant in our important role to ensure that investors have confidence to participate in the markets. Thank you for inviting me to testify today. [1] per million.
Stablecoins of 2025 Act the GENIUS Act cosponsored by Senate Banking Chair Tim Scott (R-SC) and Sens. It is not clear how marketcapitalization would be calculated in this contexte.g., On February 4, Sen. Bill Hagerty (R-TN) introduced the Guiding and Establishing National Innovation for U.S. Transition provisions.
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