21 Remarkable Stats For '21 In his latest Flow Show report, Bank of America's Chief Investment Strategist, Michael Hartnett has compiled 21 remarkable statistics for 2021, which we republish below. 1 billion: COVID-19 vaccines will be administered as of 24th April 2021 3 million: global deaths from COVID-19. 60 million: global deaths from all causes in 2019; global births 140 million. 14 million: US job gains since May’20, follows 22 million lost during COVID-19 pandemic. $30 trillion: global policy stimulus in ’20 & ’21 ($17TN fiscal + $13TN monetary). 201: central bank interest rate cuts since Feb’20 (989 since GFC). $1 billion: central banks purchased $1BN of financial assets every hour since Feb’20 ($21TN since GFC). $0.4 trillion: QE in ‘22, down from $3.4TN in ’21 & $8.5TN in ’20. $78,591: US national debt per taxpayer in ’25 (debt to equal $27TN). 1%: global market cap of Bitcoin & other cryptocurrencies ($2.3TN) as % of global equities ($112TN) and bonds ($118TN). $4.5 trillion: issuance of US Treasuries in ’21 set to easily exceed GDP of Germany. Q1’21: worst first quarter return ever for 30-year Treasury, worst for IG bonds since 1980, worst for gold since 1982. $51 trillion: gain in global equity market cap since Mar’20 lows (fastest/largest rally all-time). $8.2 trillion: market cap of Apple ($2.2TN) + Microsoft ($1.9tn) + Amazon ($1.7tn) + Google ($1.5tn) + Facebook ($0.9TN) = all Emerging Markets ($8.2TN, population 6 billion). 1557: # of stocks in MSCI ACWI index (3042 constituents) currently in bear market (20% below their all-time high). 29%: US bank stocks record 29% above 200dma $602 billion: inflow to global stocks past 5 months exceeds inflow of prior 12 years ($452BN). 64.3%: BofA private client allocation to equities at record highs 64.7: ISM manufacturing PMI highest since 1984. 59%: YoY gain in BAC credit card data (barometer for US consumer spending - week ended April 10th). 52%: YoY gain in US used car prices & US house prices +17% YoY highest ever …both lead barometers for US inflation. Tyler Durden Fri, 04/23/2021 - 15:30