Stats from my broker
Stats from my broker
Nothing in particular here. Just thought they were interesting. He actually includes stuff like this in a weekly newsletter.
10% of American households own 84% of all stocks in the country, including direct ownership of general securities and indirect ownership through mutual funds and other pooled accounts that are held both in pre-tax and post-tax accounts (source: Survey of Consumer Finances).
9.3% of the world’s population is at least age 65 in 2020. 12.0% of China’s population is at least age 65 in 2020. 16.6% of the USA’s population is at least age 65 in 2020 (source: U.N. Population Division).
If you are having a daughter or granddaughter born in 2020, and that newborn girl lives an average female life expectancy of 81.2 years, she will live to see the 22nd century. Updated life expectancy numbers for American babies were released on 1/30/20 (source: Center for Disease Control).
The Fed cut short-term interest rates by 5 percentage points during the nation’s last recession (a downturn that ran from 12/2007 to 6/2009), an action that could not be replicated today since the Fed’s key short-term rate is 1.75% (source: Federal Reserve).
10% of American households own 84% of all stocks in the country, including direct ownership of general securities and indirect ownership through mutual funds and other pooled accounts that are held both in pre-tax and post-tax accounts (source: Survey of Consumer Finances).
9.3% of the world’s population is at least age 65 in 2020. 12.0% of China’s population is at least age 65 in 2020. 16.6% of the USA’s population is at least age 65 in 2020 (source: U.N. Population Division).
If you are having a daughter or granddaughter born in 2020, and that newborn girl lives an average female life expectancy of 81.2 years, she will live to see the 22nd century. Updated life expectancy numbers for American babies were released on 1/30/20 (source: Center for Disease Control).
The Fed cut short-term interest rates by 5 percentage points during the nation’s last recession (a downturn that ran from 12/2007 to 6/2009), an action that could not be replicated today since the Fed’s key short-term rate is 1.75% (source: Federal Reserve).
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