August 19, 2019
About 58% of the S&P 500 stocks now have yields higher than 10-year Treasuries. Over the past three decades, that percentage averaged 17%. Barron’s, August 9, 2019
Last year, Amazon spent $27.7 billion on shipping up from $21.7 billion in 2017 and $16.2 billion in 2016. The Wall Street Journal, August 9, 2019
“When everyone is saying the same thing, a different outcome is likely to occur.” Sir John Templeton
In the late 1970’s, per capita, an American drank just shy of 250 pounds of milk annually. By the late 1990’s that was down to 200 pounds per person annually. Today, the average American drinks 149 pounds of milk per year. Bloomberg, August 6, 2019
Since last year’s Bloomberg ranking of the world’s richest families, the Walmart-owning Walton family, earned roughly $70,000 per minute, $4 million per hour, or $100 million per day. Bloomberg, August 10, 2019
According to Pew Research Center, 60% of people aged 18 to 29 said that most people can’t be trusted, the highest of all age brackets and considerably less trusting than the 29% of people aged 65 and up. In addition, those 18 to 29, said 71% of the time people will try to take advantage of you if they get a chance. Pew Research, August 6, 2019
“Old men delight in giving good advice as a consolation for the fact that they can no longer set bad examples.” François de La Rochefoucauld
