Monday, September 18, 2006

US back in Vogue

Here is the performance of various assets over the past week from the WSJ:


It appears investors' appetite for risk is up slightly looking at the growth of small cap and tech stocks last week, but still wary of emerging markets - more money has moved into US and Euro Large Caps than the EMs. The search for higher returns re-focused investors on US markets, and I think we'll see more shuffling between US large/small/mid caps and among US sectors before we see any significant branching out to global stocks again.

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NYSE/Euronext Merger

Enter the current share prices for NYSE and Euronext, as well as the USD/Euro Exchange rate and hit "calc" to view relevant data. Deal was announced 6/1/2006.

NYSE Share Price:
Euronext Share Price (Eur):
USD/Eur Exchange Rate:
Market Cap of NYSE+Euronext as of 5/31/06:(blns $US):
Current Market Cap of New NYSE/Euronext (blns $US):
Current Euronext Share Price in USD:
Euronext Change from 5/31/06 Close: % NYSE Change from 5/31/06 Close: %
Valuation of Current Euronext Shares
(a) Using current NYSE Price as new NYSE/Euronext Price:
(b) Using current Market Capitalization for NYSE/Euronext:
(c) Using $20 billion as Market Cap for NYSE/Euronext: