March 28, 2024

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

The best asset of the last 10 years has been Bitcoin, says Michael, chief investment strategist at Bank of America.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 (a $1 investment made in 2010 is worth $3.46 today);
Worst stock market:Greece (a $1 investment made in 2010 is worth $0.07 today);
The best raw asset:gold (a $1 investment made in 2010 is worth $1.34 today);
Worst commodity asset:oil (a $1 investment made in 2010 is worth $0.74 today);
The best sovereign bonds:USA (a $1 investment made in 2010 is worth $2.08 today);
Worst sovereign bonds:Turkey (a $1 investment made in 2010 is worth $0.61 today);
The most active central bank:Brazil (25 rate hikes and 24 rate cuts);
Least Active Central Bank:Japan (1 rate cut);
Negative yield debt assets:$0 in 2010 versus $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 United States decreased by 1 million, and in the 2010s increased by 22.4 million