Apple, Inc., producer of the iPhone, announces quarterly earnings on Tuesday. This WSJ article claims that the cash and cash equivalents on APPL's balance sheet will exceed $250 billion dollars. I put this article together to give you some idea what that looks like. Relative to the World: $250 billion is about the same size … Continue reading In the grand scheme of things, how big is Apple?
When interest rates go up, and they will, the 50% increase across the board will topple markets, namely bond markets. Today's interest rates are unprecedented. The lowest possible bound for an interest rate USED to be 0%. In finance terms, we call it the ZLB or the zero lower bound. Today bond yields in Germany … Continue reading Who’s got the power?