Update on the Big Mac Index

The Economist has the Big Mac index as a tool for tracking currency parity. I have been an Economist fan for 20 years, probably my biggest addiction next to coffee.

The index currently sits at $3.54 USD for a Big Mac. Considering the Share Prices of various banks these days, we might consider them over or under the Big Mac. When Bear Stearns originally went out for $2 it was sub-Mac.

So how is your favorite bank, uber or sub-Mac these days? Sorry folks, I just didn't think the Happy Meal reflected the mood and Starbucks (SBUX) is too upmarket these days.

Citibank (C) at below $1 will barely get you fries or an apple pie. Bank of America (BAC) is now sub-Mac. Who is next for the Mac Attack?

Comments

[fahrender]

it's all about perspective. i'll have a Hamburger Royale, thank you ......

2009 Mar 06 01:41 PM

[terryg8]

I also have a buger system to play the stock market. It is the IN and OUT Burger (You may need to goggle IN and OUT Burger) system. Get in, get fed, and get out!

2009 Mar 07 03:46 AM