"All currencies, not only the American dollar but all currencies, always go down, mainly because of democracy. The voters will vote for a person who is going to spend too much. And so you have to expect all currencies to go down. And just recently, America has started to spend too much, and the currency has already gone down a lot. But other nations now realize that, and they don't want to lose out to America. So they make their money go down, too..." ~ Sir John Templeton #BullionBuzz
40 Stock Market Terms That Every Beginner Should Know
Understanding the stock market can be a daunting task for any new investor. Not only are there many concepts and technical terms to decipher, but nearly everybody will try to give you conflicting pieces of advice. For example, if a stock in your portfolio falls in price, should you be accumulating additional shares at a lower price or should you be strategically cutting your losses? Some experts will tell you one thing, while others will tell you precisely the opposite.
Today’s graphic, using data from the annual Global Wealth Migration Review, maps the migration of the world’s millionaires, and clearly shows which countries are magnets for the world’s rich, and which countries are seeing a wealth exodus.
This Map Compares the Size of State Economies with Entire Countries The United States is the world’s largest economy, but sometimes it’s easy to forget just how massive a $19 trillion economy actually is.
Is the commodity supercycle coming back from the dead? For now, such a claim could perhaps be considered both bold and premature – but there does seem to be some compelling evidence that is mounting to back it up.
Visualizing a Global Shift in Wealth Over 10 years - Visualizing a Global Shift in Wealth Over 10 years The Chart of the Week is a weekly Visual Capitalist feature on Fridays. The world has now accumulated $215 trillion in private wealth a 12% increase over 2017 according to the latest report by market research company New World Wealth. This number today includes wealth held by the general population as well as the 15.2M millionaires ($1M in assets) 584000 multi-millionaires ($10M in assets) and 2252 billionaires ($1B in assets) in the world. But the picture of global wealth hasnt always been constant in fact its always shifting based on market performance the movement of high net worth individuals (HNWIs) demographic trends and other factors. Top Countries Adding Wealth Over the last decade from 2007 to 2017 here are the top countries based on percentage of new wealth added (in $USD terms): Rank Country Wealth Growth (2007-2017) #1 Vietnam 210% #2 China 198% #3 Mauritius 195% #4 Ethiopia 190% #5 India 160% #6 Sri Lanka 133% #7 Panama 125% #8 Uruguay 117% #9 Malta 95% #10 Indonesia 92% Not surprisingly plenty of developing markets made this list. Vietnam which had a 210% growth in wealth held over the last decade is an emerging manufacturing hub. The market is projected by New World Wealth to grow a further 200% in the next 10 years bolstered by strong growth in its local healthcare manufacturing and financial services sectors. The small island nation of Mauritius is one of Africas brightest success stories with a 195% growth in wealth over the last 10 years. With favorable tax policies beautiful beaches and better relative safety ratings HNWIs have been moving to the island en masse. Just missing the Top 10 list above are two developed economies: New Zealand and Australia. Interestingly these two markets grew in wealth 90% and 83% respectively over the last decade which is extremely impressive for countries that already had a solid base of wealth to start with. Countries That Lost Wealth Here are the markets that saw total wealth decrease over the last 10 years in terms of U.S. dollars. Rank Country Wealth Growth (2007-2017) #1 Venezuela -48% #2 Greece -37% #3 Italy -19% #4 Spain -19% #5 Norway -17% #6 Portugal -13% #7 Netherlands -12% #8 France -11% #9 Finland -11% #10 Egypt -10% The crisis in Venezuela had a particularly rough impact on wealth. The country which was once the richest in South America lost 48% of its wealth in $USD terms over the last decade. Its also worth mentioning that many of the countries that saw wealth decrease over this time period are European thats because the 2008 financial crisis (and the ensuing sovereign debt crisis) hit Europe particularly hard. Greece bore the brunt of this impact losing 37% of its wealth in the 2007-2017 period. Get your mind blown on a daily basis: Thank you! Given email address is already subscribed thank you! Please provide a valid email address. Please complete the CAPTCHA. Oops. Something went wrong. Please try again later. The Money Project Embed This Image On Your Site (copy code below): Courtesy of: Visual Capitalist The post Visualizing a Global Shift in Wealth Over 10 years appeared first on Visual Capitalist.