Charts That Matter- Vol 19

1.In 2014, there were a mere two mobile phone manufacturing units in India. Fast forward to 2017, and India is now home to 123 – bursting onto the scene in an impressive manner. These are only assembly lines but will certainly add jobs

2.Germans are increasingly stashing cash under mattress. They did not get a memo on DEMONETISATION.

3.This chart shows the distribution of global “high-quality” bonds outstanding by yield and product. There is nothing above 3% but pension funds are projecting 7-8% returns. So who will pay the difference?

4.The trade war portfolio has done really well. I guess globalization is not great anymore.

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