Talking Points: April 1, 2019

April 1, 2019

The U.S. is building a $500 million supercomputer that can reach “exascale” performance. That’s a quintillion calculations per second, seven times faster than today’s fastest system. The New York Times, March 18, 2019

In the past five cycles, the time between the Fed’s final interest rate hike and its first interest rate cut has averaged just 6.6 months. CNBC, March 26, 2019

Thanks to genetic selection, the U.S. poultry industry can now produce a 6.3 pound chicken in 47 days, roughly twice as fast as 50 years ago. Wall Street Journal, March 10, 2019

“The person who follows the crowd will usually go no further than the crowd. The person who walks alone is likely to find himself in places no one has ever seen before.” Albert Einstein

A recent poll by the New York Times show that 74% of parents have made an appointment, like a doctor’s visit, for their 18-to-28-year-old children, 16% helped write their job or internship application, and 11% called their child’s employer when an issue arose. FXStreet, March 22, 2019

In 2008, 52% of Americans age 35 or younger held stocks. Today that number is just 38%. Gallup, May 4th, 2018

“What do you call a stock that’s down 90%? A stock that was down 80% and then got cut in half.” David Einhorn

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