By the Numbers
By the Numbers
From Jerry Mikus
(Financial Advisor)
MORE OUTSIDE THAN INSIDE - US stocks comprise 45% of the total capitalization of all equities in the world (source: SmartMoney).
BIG FEET - The US economy is $13.6 trillion in size or 28% of the world's economy (source: Fortune).
EURO HIGH, DOLLAR LOW - As any American traveling in Europe last week painfully witnessed firsthand, the value of the 8 1/2 year-old euro closed at an all-time record high last Friday ($1.3831). The record low value for the euro (83 cents) was set on 10/26/2000 (source: USA Today).
jmikus@choiceami.com
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