UKIP supporters are wrong about immigration numbers

October 31, 2014

what-percentage-of-people-are-immigrants-guess-actual-value-difference_chartbuilder

A recent survey shows people consistently overestimate the proportion of immigrants in their country. In the UK, most respondents were out by 11%.  The proportion of immigrants in the UK is 13% not 24%. What’s really interesting is despite concrete evidence to the contrary, UKIP supporters remained convinced immigration is overwhelming UK state run services.

 

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Europe is turning Japanese. I really think so

October 31, 2014

yields-on-30-year-government-bonds-japan-germany_chartbuilder

Today, the Bank of Japan announced an expansion of its aggressive monetary policy (printing money) to banish “deflationary mindset.” Should Europe do they same? (Clue: yes).   Rising risks of deflation in Europe have been driving German bond yields (the Euro safety benchmark) down, so now they converge with those of Japan, which has been trying to win a decades-long battle with falling prices.  Stay tuned, because this Euro deflation show could run and run. (Explainer: The yield of a bond is inverse to its price: as bond (loan) prices increase, bond yield (interest) falls.)

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Increased Apple Mac sales signal the death of the PC era

October 27, 2014

apple-unit-volume-table

 

Let’s consider last quarter’s iPad and Mac numbers (above), compared to the previous year: Mac units grew 25% year-on-year, while iPads experienced a 7% decrease (although sales were much greater than for the Mac). Meanwhile, PC sales in general are declining.

3RDQMAC

 

We are looking at the death of the PC era. Says John Kirk:

“To the power conscious, the Mac compares very favorably to the top-of-the-line PC. Macs are a premium product and more and more, the only people buying notebooks and desktops are power users who are shopping for premium computing devices.”

Everyone else, who doesn’t need computer power,  just buys a smartphone or tablet.

Bye bye PC.

 

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