Ten Thousand Words - March 2019

Apparently, Confucius didn’t say “One Picture Worth Ten Thousand Words” after all. It was an advertisement in a 1920s trade journal for the use of images in advertisements on the sides of streetcars. Even without the credibility of Confucius behind it, we think this saying has merit. Each month we share a few charts or images we consider noteworthy.

Funeral parlour operator Invocare found Australia's death rate was unusually low in calendar 2018 but actuaries report life expectancy for a 65 year old is in decline in the UK; the rise of the machines as recognisers of imagery; Mohamed A. El-Erian highlights the negative yield boom; a pizza chain outperforms Google; and Equitable Investors' FIT Index series shows the smallest companies struggling to keep up over the past month.


Australian death volumes dip


Source: Invocare


UK data shows life expectancy at 65 is falling


Source: WSJ.com, Institute and Faculty of Actuaries


Artifical Intelligence: neural networks are delivering human-level image recognition

Source: MMC Venture's "The State of AI: Divergence 2019"



The stock of securities trading at negative yields is now above $US9 trillion



Source: @elerianm / Allianz, Bloomberg


Who would have thought that pizza would outperform Google?  


Source:Bespoke Premium


Equitable Investors FIT Index Series - sector performance over the past month

Source:Sentieo, Google, Equitable Investors


Equitable Investors FIT Index Series - performance over the past month by market cap band
Source:Sentieo, Google, Equitable Investors



Popular posts from this blog

Ten Thousand Words - September 2018

Big Un's new set of accounts show Cash Flows ain't Cash Flows

Disclaimer

Nothing in this blog constitutes investment advice - or advice in any other field. Neither the information, commentary or any opinion contained in this blog constitutes a solicitation or offer by Equitable Investors Pty Ltd (Equitable Investors) or its affiliates to buy or sell any securities or other financial instruments. Nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.

The content of this blog should not be relied upon in making investment decisions.Any decisions based on information contained on this blog are the sole responsibility of the visitor. In exchange for using this blog, the visitor agree to indemnify Equitable Investors and hold Equitable Investors, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to legal fees) arising from your use of this blog, from your violation of these Terms or from any decisions that the visitor makes based on such information.

This blog is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice. The information on this blog does not constitute a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Although this material is based upon information that Equitable Investors considers reliable and endeavours to keep current, Equitable Investors does not assure that this material is accurate, current or complete, and it should not be relied upon as such. Any opinions expressed on this blog may change as subsequent conditions vary.

Equitable Investors does not warrant, either expressly or implied, the accuracy or completeness of the information, text, graphics, links or other items contained on this blog and does not warrant that the functions contained in this blog will be uninterrupted or error-free, that defects will be corrected, or that the blog will be free of viruses or other harmful components.Equitable Investors expressly disclaims all liability for errors and omissions in the materials on this blog and for the use or interpretation by others of information contained on the blog.