Investors have put more money into stocks in the last 5 months than the previous 12 years combined. CNBC, April 9, 2021
It took just 434 trading days for the S&P 500 to go from 3,000 to 4,000, the shortest time frame for a 1,000-point move in its history. Medium, April 3, 2021
Households have entered 2021 armed with boatloads of cash and the cleanest balance sheets they have had in decades. Households finished 2020 with $14.1 trillion combined in checking and savings accounts, compared with $11.4 trillion in 2019. Their debt-service burden—the percentage of after-tax income used to pay off debt—fell to its lowest level in records going back to the early 1980s. The Wall Street Journal, March 21, 2021
“History is merely a list of surprises. It can only prepare us to be surprised yet again.” Kurt Vonnegut
About one out of every five homes sold in the U.S. is bought by someone who never moves in. In Houston, investors account for 24% of home purchases. The Wall Street Journal, April 4, 2021
Harvard Medical School researchers found that, despite how much doctors hate “cyberchondria,” patients are slightly better at diagnosing what ails them after consulting Google. AAAS, March 29, 2021
“We could say that the government spends money like drunken sailors, but that would be unfair to drunken sailors.” Ronald Reagan
