Market Thoughts Archive

Billionaires of the world

Billionaires of the world

Posted on November 12, 2018
There are 2158 billionaires in the world and they have a combined wealth of $8.9 trillion. The United States and China have the most billionaires, but while the US’ growth is slowing down, China’s is getting faster. Still: American billionaires have three times the wealth of their Chinese counterparts.

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How big is the world’s economy?

How big is the world’s economy?

Posted on October 28, 2018
The GDP of the world totals up to $80 trillion. Unsurprisingly, the vast majority of this production is centered around important hubs on every continent. Some changes may come to the leaders, but the giants are holding their places. But how much money is $80 trillion? It would take Apple more than 300 years to have that much sales.

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These are the most powerful passports of the world

These are the most powerful passports of the world

Posted on October 21, 2018
What makes a passport powerful? Mostly visa-free or visa-on-arrival travel for citizens holding the passport, but there might be other factors too. We collected the three biggest indices that rank passports by strenght. Developed western countries usually top the lists.

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Musk out, Tesla up (for now)

Musk out, Tesla up (for now)

Posted on October 14, 2018
The SEC fined Elon Musk and Tesla for $20 million each because of Musk’s tweets about taking Tesla private. According to their settlement, the Tesla founder can remain the CEO of the company, but he has to resign as the chairman in 45 days. Tesla prices were on a serious rollercoaster during the fiasco, and the ride may not be over.

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