Going back to 1950, when the S&P 500 was at an all-time high, there was a 74.10% chance the market was higher one year later. Yahoo! July 13, 2021
Immigrants make up roughly 18% of the U.S. workforce but they have won 39% of this country’s Nobel prizes in science. They make up over 40% of the STEM PhD graduates, 28% of our science and engineering faculty, and they have founded more than 50% of the billion-dollar startup companies in the United States. MarketPlace, July 13, 2021
Since the 1990s, lumber has mostly traded between $200 to $400 per thousand board feet. Earlier this year, lumber peaked at $1,733.50 per thousand board feet, but on Monday, July 12, it traded at $719.90, down 0.6% for the year. Bloomberg, July 12, 2021
“It’s a sure sign of summer if the chair gets up when you do.” Walter Winchell
Only 34% of goods and services have risen in price by more than 2% over the past year, and that percentage is falling rather than rising. Axios, July 15, 2021
The pandemic has pushed global government debt to the highest level since WWII, surpassing the world’s annual economic output. The Wall Street Journal, July 12, 2021
“Experience is the name everyone gives to their mistakes.” Oscar Wilde
