Since 1946, there have been 84 declines of 5% to 10% in the S&P 500, which works out to more than one a year. The average time it takes to recover from those losses is one month. CNBC, January 25, 2022
On average, retailers expect to get back about 16.6% of the total merchandise that customers purchased in 2021 which adds up to more than $761 billion. The average rate of returns of online purchases was 20.8%. CNBC, January 25, 2022
“Subjectivity is just objectivity waiting for data.” Dave Eggers
Since the Spring of 2021, roughly 33 million Americans have quit their jobs. In November alone, a record-breaking 1 million leisure and hospitality workers quit. NPR, January 25, 2022
U.S. companies have less than a five-day supply of semiconductors. For context, there is currently a 40 day supply of Mac & Cheese. Morning Brew, January 26, 2022
China’s green energy ambitions will likely rely on a great deal of nuclear energy, with the country planning 150 new reactors in the next 15 years, which would be more than the rest of the world has built in the past 35 years. Bloomberg, November 2, 2021
Numerous rioters who infiltrated the Capitol on Jan 6 called Nancy Pelosi’s office the next day trying to recover items they’d lost during the insurrection. The rioters were “asking whether there was a lost and found because they forgot their phone there, or they left their purse,” said Rep. Jamie Haskin. He said the callers were put through to police officers who took down their names and addresses. Business Insider, January 14, 2022
