Talking Points: S&P 500,Taxes, Girl Scout Cookies

S&P 500, Girl Scout Cookies

Engage your clients with interesting information.

On a total-return basis, the S&P 500 fell 2.6% in February. That drop represents the benchmark index’s first such decline since October 2016, meaning an uninterrupted 15-month rally, the longest streak in the history of the S&P, came to a close. MarketWatch, March 1, 2018

In December of 2017, the personal savings rate fell to 2.4%, its lowest level since 2005. Prior to that, the only other time it dropped below 3% was back in October of 2001. Reuters, January 29, 2018

A California Girl Scout managed to sell a staggering 300 boxes of Girl Scout Cookies in only six hours, by positioning herself outside a San Diego marijuana dispensary. USA Today, February 7, 2018

Tax incentives, like tax credits, property tax abatements, land grants, and low-interest loans, that are given to businesses as enticements, now total $80 billion annually- triple the amount in 1990. The Week, February 16, 2018

The rate of layoffs as measured by US jobless claims fell to the lowest level since 1969, reflecting the strongest labor market since the end of the dotcom boom nearly two decades ago. MarketWatch, March 1, 2018

A recent survey from Redfin found 35% of home buyers did not even visit the property before putting in a bid. In Los Angeles, 57% of buyers bid on a home without visiting it. Bloomberg, February 26, 2018

“Department store Neiman Marcus is selling a Dolce & Gabbana toaster for $600. Or, for the same results, you can buy a regular toaster and just put $600 in it.”Seth Meyers

Never miss another Talking Points. Sign up for our free newsletter.