Of the 14 S&P 500 declines of 19% or more since 1960, 10 made their lows in midterm election years. Barron’s, April 8, 2022
As of March 22, the United States strategic oil reserves held 568 million barrels of oil with the average price of $29 being paid per barrel. It only takes 13 days to start pumping the oil out and once started, 4.4 million barrels can be removed a day. Quartz, March 31, 2022
For the first time in three decades, U.S. household cash now exceeds household debt. While negative net debt is a sign of comfort, there have been seven recessions between the early 1950s and early 1980s when it was also negative. MSN, April 20, 2022
Americans watched enough video streaming content last year to fill nearly 15 million years of time. Yahoo!, April 20, 2022
Last year was the most profitable year for American corporations since 1950 with profits for U.S. businesses surging by 35%. Bloomberg, March 30, 2022
On March 29, for the first time on record, wind was the second-largest source of electricity generation in the United States. All told, wind turbines produced 2,017 gigawatt-hours of electricity, accounting for 19% of that day’s production. Vice, April 15, 2022
In a 1975 Sports Illustrated magazine interview, Philly’s relief pitcher Tug McGraw was asked what he was going to do with his signing bonus, and he responded, “Ninety percent I’ll spend on good times, women, and Irish Whiskey. The other ten percent I’ll probably waste!” Baseball Almanac
