October 1, 2022

Interesting events of the past decade. Bank of America named the best and worst assets of the past 10 years

Bitcoin has become the best asset of the past 10 years, notes Michael of Bank of America's chief investment strategist Hartnett. The $ 1 invested in this cryptocurrency in 2010 today costs about $ 90,000.

The bank recognized the worst asset of the past decadeMyanmar kyat (ProFinance.ru: currency of Myanmar). Of the $ 1 dollar invested in this asset in 2010, less than half a cent remains today.

Other interesting statistics from Bank of America look like this:

Best stock market: USA (investment in $ 1 dollar, made in 2010, today costs $ 3.46);
Worst stock market: Greece (investment in $ 1 dollar, made in 2010, today costs $ 0.07);
The best raw asset: gold (an investment of $ 1 dollar made in 2010 today costs $ 1.34);
Worst commodity asset: oil (an investment of $ 1 dollar made in 2010 today costs $ 0.74);
The best sovereign bonds: USA (investment in $ 1 dollar, made in 2010, today costs $ 2.08);
Worst sovereign bonds: Turkey (an investment of $ 1 dollar, made in 2010, today costs $ 0.61);
The most active central bank: Brazil (25 increase in rates and 24 decrease);
Least Active Central Bank: Japan (1 reduction in rates);
Negative yield debt assets: $ 0 in 2010 against $ 17 trillion at the peak of 2019;
The largest population growth: India (+149 million people since 2010);
The largest population decline: Syria (-4 million people since 2010);
US Labor Market: in the 2000s, the number of jobs in the usa fell by 1 million, and in the 2010s it grew by 22.4 million