July 27, 2020
If Tesla is added to the S&P 500, it would be the most valuable company ever added to the index- and larger than 95% of the companies currently listed. Morning Brew, July 22, 2020
9/11 cost insurers $47 billion, while Hurricane Katrina cost them $54 billion. COVID-19 could generate $40 to $80 billion in insurance payouts in the U.S. and over $100 billion internationally. Axios, July 23, 2020
“Over the last decade, we have seen a transformation from risk-free interest to interest-free risk.” Diego Parrilla
Digital advertising on platforms such as Google, Facebook, and Alibaba are expected to account for more than half of the $530 billion global advertising industry in 2020, exceeding, for the first time, the spending on traditional media such as television and newspapers. The Week, July 10, 2020
Since 1928, the stock market has accurately predicted the winner of the presidential election 87% of the time, including every single election since 1984. When the S&P 500 has been higher the three months before the election, the incumbent party usually has won; when stocks were lower, the incumbent party usually has lost. Business Insider, June 29, 2020
In May of this year, unemployment benefits accounted for 6% of U.S. income; in February, they were just 0.1%. The Associated Press, July 17, 2020
“Give a man a mask and he will show his true face.” Oscar Wilde
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