Last week:
What was the unemployment rate in December 2011 for people with a college degree or greater?
Answer:
The unemployment rate in December 2011 for people with a college degree or greater was 4.1%.
Next week:
Consumer credit increased $20.4 billion in November; what was the primary driver of this increase?
Source: BLS, J.P. Morgan Asset Management
The Economist’s Big Mac index is based on the theory of purchasing-power parity: that, in the long run, exchange rates should adjust to equal the price of a basket of goods and services in different countries. Our basket consists of one McDonald’s Big Mac, and we’ve compared it with the average price in America, $4.20. According to our burgernomics, the Swiss franc is 62% overvalued: the exchange rate that would equalise the price of a Swiss Big Mac with an American one is 1.55 francs to the dollar; the actual exchange rate is only 0.96. The cheapest burger is found in India, where it costs just $1.62. Big Macs aren’t sold in India, so we’ve taken the price of a Maharaja Mac, made with chicken instead of beef.
Source: The Economist
Last week:
What was the lowest closing level of the yield on 10-year U.S. Treasury bonds in 2011?
Answer:
In 2011, the lowest closing yield on the 10-year U.S. Treasury was 1.72%
Next week:
What was the employment rate in December 2011 for people with a college degree or better?
Source: BLS, J.P. Morgan Asset Management
Source: FactSet, J.P. Morgan Asset Management
Last week:
As of Friday, the yield on Italian 10-year government bonds was 6.85%. Where were these yields at the end of 2010?
Answer:
On December 31,2010, the yield on 10-year Italian government bonds was 4.81%.
Next week:
What was the lowest closing level of the yield on 10-year U.S. Treasury bonds in 2011?
Source: FactSet, J.P. Morgan Asset Management
