Data discoveries of the week, presented in charts. We look at data on India’s impressive mutual fund growth, global economic challenges in 2024, Druckenmiller recession indicator, average and median wealth across the world and more.
- In 2023, India’s FinTech sector saw a significant funding decline of 63-73%, receiving $2 billion, yet still ranked third globally in FinTech startup funding. ?
India's fintech startups raised $2 Billion in 2023, a 63% decline from the 2022 and a 76% decline from 2021, as per the Tracxn Geo annual report.#ChartOfTheDay pic.twitter.com/lagh7L2iHJ
— Kuvera (@Kuvera_In) January 12, 2024
2. The mutual fund sector saw impressive growth in 2024.?
2023 marked a significant year for retail investors in mutual funds, witnessing a record 23% increase in SIP inflows to ₹1,83,741 crore, and an all-time high SIP AUM of ₹9,95,925 crore in December, surpassing November's ₹9,31,333 crore.#ChartOfTheDay pic.twitter.com/weqzf7Hvjz
— Kuvera (@Kuvera_In) January 10, 2024
3. Mutual Fund folios reached an all-time high of 16,48,90,272 in December 2023.
— AMFI India (@amfiindia) January 8, 2024
4. From 2018 to 2022, India led the world in arms imports, accounting for 11% of the global share.
Ranked: Share of Global Arms Imports in 2022 ⚔️https://t.co/F8K89Z1kVE pic.twitter.com/l7peHEZQxG
— Visual Capitalist (@VisualCap) January 11, 2024
5. Don’t just save, invest.
Over the last 30 years, the purchasing power of the US consumer dollar has been cut in half due to inflation.
At the same time, the S&P 500 has gained 793% (>7% per year) after adjusting for inflation. Why you need to invest, in one chart…
Video: https://t.co/VOLjgFcxmH pic.twitter.com/nDhI3Nj6J5
— Charlie Bilello (@charliebilello) January 9, 2024
6. What are the risks facing the global economy in 2024?
What are the risks facing the global economy in 2024? ⚠️
Our new report from the 2024 Global Forecast Series breaks down the risks by both impact and likelihood.
Join VC+ for the full report with 100+ quoted predictions to help you stay ahead: https://t.co/2fLYLIHyme#GFS2024 pic.twitter.com/8bQmn30BJi
— Visual Capitalist (@VisualCap) January 11, 2024
7. What are the global economic challenges in 2024?
Visualizing the Top Global Risks in 2024 ?️
? Want more content like this, along with daily insights from the world’s top creators? See it first on the @VoronoiApp.https://t.co/3PJhKdr5lc pic.twitter.com/6ddkbbbCxR
— Visual Capitalist (@VisualCap) January 12, 2024
8. Commodity returns in 2023.
The Periodic Table of Commodity Returns (2014-2023)https://t.co/DQFcfayO9E#investing #trader #commodities pic.twitter.com/bjroW4v2M0
— Visual Capitalist (@VisualCap) January 9, 2024
9. The following chart shows that emerging markets are performing the worst in 2 decades.??
Ratio of Emerging Markets to US Equities at a 22-year low. Back to October 2001 levels. pic.twitter.com/CGlvOLb2Y8
— Charlie Bilello (@charliebilello) January 10, 2024
10. If one had bought a Japanese stock at its peak in 1989, returns would have been almost flat after 34 years!
Japanese Stocks hit highest prices since 1990. But imagine buying the top in 1989 and waiting at least 35 years to get back to even ? pic.twitter.com/aVE6IrG7vr
— Barchart (@Barchart) January 10, 2024
11. In 2022, 29,165.2 terawatt hours (TWh) of electricity was generated around the world, an increase of 2.3% from 2021.
What Electricity Sources Power the World? ⚡️https://t.co/KC9AOvbd57
Note: the source, The Statistical Review of World Energy, excludes hydroelectric energy in their renewable calculations. pic.twitter.com/voL3Q9GwT0
— Elements (@VCElements) January 11, 2024
12. The Druckenmiller recession indicator says it is coming.
Druckenmiller Recession indicator continues to plummet ?? pic.twitter.com/y84ZuAfWeC
— Win Smart, CFA (@WinfieldSmart) January 4, 2024
13. Historically, a US recession tends to follow a year after the curve inverts, though the variance is large and there are occasional false positives.
Yield curve inversions and recessions since 1969:
Inversions → Recessions are 12 months away on average
Steepening → Recessions are 5 months away on average pic.twitter.com/JKzDyEblJt
— Game of Trades (@GameofTrades_) January 10, 2024
14. Average and median wealth across the world.
Visualizing the Top Countries by Wealth per Person ?️https://t.co/FlaXSUaLNp pic.twitter.com/dTE5jSR9aA
— Visual Capitalist (@VisualCap) January 11, 2024
15. The US has the largest debt to GDP ratio among major economies.
I've been thinking about the state of U.S. fiscal policy for some time now. I feel like it started showing up in the financial media about six months ago. Here is a comparison of where the U.S. stands when it comes to forecasted deficits vs that of other major economies. pic.twitter.com/vPdge5q5UM
— Francois Trahan (@FrancoisTrahan) January 10, 2024
16. About 184 million people – 2.3% of the world’s population – live outside of their country of nationality.??
Over 40% of migrants & refugees live in developing countries. This year's WDR2023 highlights strategies for #BetterMigration to support development & sustainable growth ➡️ https://t.co/R1fahaghAQ #MigrantsDay pic.twitter.com/KVIvxIRiCW
— World Bank (@WorldBank) January 11, 2024
17. Combined, the 20 top-earning women made an estimated $226 million in 2023. That is a 13% drop from 2022’s $258 million.?
Tennis is one of the few sports in the world with equal prize money between the sexes (at least at Grand Slam level), which is a big part of the reason the sport has dominated Forbes’ list of the highest paid female athletes. These are the world's highest-paid female athletes. pic.twitter.com/rFhq594n6n
— Statista (@StatistaCharts) January 11, 2024
18. US consumer inflation expectations fall to lowest since January 2021.
Americans are feeling a lot better about inflation
U.S. consumers think prices will rise 3% this year, the lowest level for year-ahead expectations since January 2021 –New York Fed pic.twitter.com/2wUUDVRjaa
— Gunjan Banerji (@GunjanJS) January 9, 2024
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