Talking Points: October 28, 2019

October 28, 2019

A survey of consumer preferences showed that typical Google users would ask for $17,530 to stop using Google and other search engines for a full year. Facebook, by contrast, was valued at only $576 for the year. CNBC, October 15, 2019

A quarter of all U.S. health-care costs- adding up to $760 billion to $935 billion- comes from “administration complexity” or waste. ABC News, October 20, 2019

Approximately 1 in 38 people in the United States live in New York City. BuzzFeed, October 20, 2019

This could be the first year ever in which stocks, bonds, gold, and crude oil rise at least 10%. The S&P 500 has returned nearly 22% in 2019. Gold and crude are sporting returns of 16.1% and 17.8%, respectively. Bonds are close, with the 10-year Treasury note up more than 9%. CNBC, October 24, 2019

In 2019 there have only been 88 cases of polio worldwide and there is hope for total eradication of the disease by 2023. The success against the scourge has been real- in India, polio paralyzed 500 to 1,000 children per day in the 1990’s. Scientific American, October 23, 2019

The number of people in the world worth between $10,000 and $100,000 has seen the biggest growth of any wealth segment, tripling since 2000 to 1.7 billion people. CNBC, October 21, 2019

“Dead people receive more flowers than living ones because regret is stronger than gratitude.” Anne Frank

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