Talking Points: June 10, 2019

June 10, 2019

The U.S. expansion reaches its 10-year mark this month. More than 20 million jobs have been created so far and the net worth of American households has increased by $47 trillion. Axios, June 4, 2019

According to the Organization for Economic Cooperation and Development, Australia has the longest sustained expansion on record, at 28 years. They have not experienced a recession since 1991. The New York Times, April 6, 2019

Tony and Carmella Soprano’s house in New Jersey- or at least the one in which their eponymous HBO show was filmed, is up for sale with a listing price of $3.4 million. It sits on 1.5 acres and has four bedrooms, two garages and a guest house. No word about the whereabouts of those ducks, however. Fox Business, June 1, 2019

“It is difficult to get a man to understand something, when his salary depends upon his not understanding it.” Upton Sinclair

A 28-year-old Chinese entrepreneur made a record bid to have lunch with Warren Buffett. Justin Sun, the founder of a cryptocurrency platform called Tron, said Tuesday that he won a charity auction to lunch with Buffett with his $4.57 million bid. The proceeds from the auction will go to Glide Foundation, which works to alleviate poverty in San Francisco. InkStoneNews, June 4, 2019

Air travelers left $960,105 behind at security checkpoints last year. That’s a record and a 10% increase from the year before. CNBC, May 31, 2019

“The future ain’t what it used to be.” Yogi Berra

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Image: Nick Youngson CC BY-SA 3.0 Alpha Stock Images

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