This map comes from Carl Stromer via Barry Ritholtz.It shows us the GDP of various countries and compares them to the GDP of US states. A few are more interesting to me than others.
Arizona=Thailand
Rhode Island =Vietnam
Mississippi=Chile
I readily concede there is probably not much utility to this but it is interesting and I think for people that might be new to foreign it offers some perspective.
5 comments:
I'm waiting for the jokes to pour in
Boy, Hussman sure sounds cheery:
http://hussmanfunds.com/wmc/wmc070115.htm
It looks like he did some serious data mining, although I have to agree with the basic premise of his argument - risk is high.
Do they have state specific ETFs yet? You too can own Ohio! Although, you'd have to be one of those deep value distressed security types to pick up this underperformer.
Disclosure: I live in Ohio.
Great post Roger. I sure Alabama can identify with Iran. I appreciated the long explaination you put up this weekend of Claymore Macroshare DCR. It didn't help. Oil down which is a contrary indicator actually went down more than Crude oil today. Is there money to be made here since the DCR and UCR is so badly mispriced.
Rural
no Arizona fund yet, and although there is no Hawaii fund yet either, if it ever comes we may fly over for some extended research.
Is there a way to make money off of the UCR DCR issue?
I am inclined to think so but have to admit I don't know how.
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