Mark Zinder

Mark Zinder

Leading financial expert, trend forecaster, and seasoned keynote speaker.

Talking Points: November 1, 2021

According to the National Association for Business Economics, in the last three months, a record-high number of U.S. companies (58%) increased pay at their firms. 0% of companies lowered wages. Yahoo! October 25, 2021

In the United States, of every dollar spent on food, just 14.3 cents goes to farmers. National Farmers Union

The wait for micro-chips from order to delivery is now at a record 21.7 weeks. Bloomberg, October 6, 2021

The first person convicted of speeding was going eight mph. On Jan. 28, 1896, Walter Arnold was spotted going four times the speed limit. A Constable chased him down on his bicycle. Guinness World Records

In 2022 the annual Social Security cost of living increase, or COLA, will be 5.9%, the largest increase since 1983.  However, healthcare costs have been rising faster than federal cost-of-living adjustments for a long time. By one estimate, adjusted for what seniors actually spend money on, the purchasing power of Social Security income has declined by 30% since 2000. The Motley Fool, September 26, 2021

The share of U.S. transactions made in cash fell to 19% in 2020, a seven-point decline from 2019. Federal Reserve Bank of San Francisco, May 5, 2021

New data from the U.K. shows that in 2020 no male babies were given the popular name “Nigel.” However, 15 British babies were blessed with the first name “Lucifer.” BirminghamLive, October 19, 2021

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