Talking Points: May 27, 2019

May 27, 2019

Since 1896, the DOW has fallen by at least 2% in a single day 1,011 times. That’s once every 33 trading days on average. At today’s levels on the DOW, by historical standards alone, investors should expect stocks to fall at least 520 points once every six weeks or so. WSJ, May 17, 2019

The U.S. birth rate has reached a record low, and the total number of births in 2018 was the lowest it has been in more than 30 years. It is important to remember that these trends are also a result of progress: a falling number of teenage pregnancies, more accessible birth control and lower child mortality rates. Axios, May 15, 2019

By the time today’s teenagers hit their 30’s, there will be more minorities than whites, more old people than children, and more people practicing Islam than Judaism. Axios, May 21, 2019

There is nothing wrong with America that cannot be cured with what is right with America. William J. Clinton

The average ride sharing vehicle has about 219 times as many germs as the average taxi, which is cleaned regularly. That is more than 35,000 times germier than the average toilet seat. USA Today, May 12, 2019

The amount people said it took to be considered rich averaged out to $2.3 million. That is more than 20 times the actual median net worth of U.S. households. Charles Schwab’s 2019 Modern Wealth Survey

Patriotism is supporting your country all the time, and your government when it deserves it. Mark Twain

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PHOTO: Marco Verch