Talking Points: January 13, 2019

 January 13, 2020

The stock market’s performance in the first five days of a given year can sometimes predict the market’s direction for the rest of the year. Going back to 1950, when stocks finish that period higher, as it did in 2020, the S&P 500 has been positive 82% of the time at year-end with an average gain of 13.6%. CNBC, January 2, 2020

In 2019, roughly half the people who made New Year’s resolutions regarding their finances, failed to keep them. CNBC,December 27, 2019

“The truth is always different from what anyone says out loud.” Stephen Dunn

In emerging markets, roughly 5 people enter the middle class every second. Axios, October 13, 2018

For the first time in history, there are more elderly people in the world than young children. Figures show that the number of over-65s surpassed that of under-fives at the end of 2018. BBC, April 8, 2019

The third year of a president’s term tends to be the best, so 2019 was in keeping with that trend. Also, stocks are up 66% of the time in a president’s fourth year. CIO.com, November 21, 2019

“War is God’s way of teaching Americans geography.” Ambrose Bierce

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