January 25, 2021
Let’s say you won a billion dollars: If you could lay the $1 bills end-to-end, the trail would measure 96,900 miles, or they would cover 2,555 acres. Stacked, they would measure 67.9 miles high and weigh about 10 tons. Your new-found wealth would be greater than the GDP of the countries Dominica and Tonga combined. Even though you could purchase six F35A fighter jets, you still would not be able to afford to purchase one NFL team. ABC News, October 22, 2018, and Statista October 1, 2020
From the day Biden was elected until the day he was sworn in as President, the S&P 500 traded up 14.3%. That’s the best performance between Election Day and Inauguration Day in history. Marketwatch, January 20, 2021
The Baltic Dry Index – a composite measure of the rates charged by shipping lines to move dry goods – is up 128% in a year, including a nearly 60% surge just since early December. Barron’s, January 19, 2021
“There are years that ask questions and years that answer.” Zora Neale Hurston
Every few years, FINRA issues a five-question test that measures consumers’ knowledge about interest, compounding, inflation, diversification, and bond prices. On the most recent test, only 34% of those who took it got all five questions correct. Investopedia, January 9, 2021
For the first time ever, fewer than half of all Americans have trust in traditional media. Trust in social media has hit an all-time low of 27%. Axios, January 21, 2021
“To make peace, one must be an uncompromising leader. To make peace, one must also embody compromise.” Benazir Bhutto