Talking Points: July 22, 2019

 July 22, 2019

In every case going back to 1971, when the Fed began a new easing cycle while the economy was expanding, stocks went up three months, six months, nine months and 12 months later. No exceptions. Forbes, July 15, 2019

Americans are using less cash, with roughly 29% of adults making no purchases using physical currency during a typical week. CNBC, January 15, 2019

E-commerce generated 1.3 million tons of container cardboard in North America in 2018, up from 1.1 million in 2017 and only 35% of that is from recycled content. CNN Business, July 18, 2019

“If everybody always lies to you, the consequence is not that you believe the lies, but rather that nobody believes anything any longer.” Hannah Arendt

The dollar volume of homes purchased by foreign buyers from April 2018 through March of 2019 dropped 36%. Foreigners bought 183,100 properties down from 266,800 in the previous period. CNBC, July 17, 2019

There are now upward of 700,000 podcast productions with between 2,000 and 3,000 new shows launching every month. New York Times, July 18, 2019

“One reason I don’t drink is that I want to know when I am having a good time.” Nancy Astor

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