This Market Is Built on Disappointing Growth. More of It Is Coming
During this expansion, 2018 was both the strongest year for the US economy and the worst year for the S&P 500
During this expansion, 2018 was both the strongest year for the US economy and the worst year for the S&P 500
Relative to the size of its economy, US exports lag most other developed economies
35 of the companies are American, 23 are Chinese.
“Whenever any government or central bank has looked to move away from credit stimulation, you always see a big slowdown and lower asset prices about six months to a year later”
Of course, that won’t stop central banks, always happy to play masters of the economic universe, from cutting interest rates further
Every Monarch in the history of England and Britain from Alfred the Great in 871 AD, to the current Queen Elizabeth II
The US and China represent 40% of the global economy
The global fertility rate has fallen from about five children per woman in the 1960s and 70s to just 2.44 today
US commercial bank credit card interest rates hit a two decade high of 16.91% in the first quarter of 2019
“The CPI number highlights the dilemma facing the Fed, which is neither the real economy nor inflation is calling for what the market has priced in”