Last week we sent an email focusing on “the numbers” that often get overlooked by the majority of investors.
A surprising number of you commented on how much you enjoyed reading about “the numbers.”
So, this week, we decided to update you on more interesting facts that often fly under the radar.
Let us know if you want to see this kind of information on a regular basis and we’ll consider providing it every week.
So, without further ado:
The Bull Market that Refuses to Die – For the last 129 months, the S&P has been in a Bull Market. The index has overcome 14 drops of at least 5% including 6 drops of at least 10%.
In October of 2018, 65% of the major global money managers (from 28 countries worldwide) said the bull market run would end in 2019.
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Twice as Healthy or Just Plain Broke – The USA spends 18% of its $21.5 Trillion GDP on health care expenditures (more than double the 8.6% of GDP spent by 35 major economies in the world).
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New vs Existing Home – The median sales price of new home sold in October 2019 was +17% more expensive than median price of an existing home nationwide. $316,700 for a new home vs. $270,900 for an existing home.
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Five Decades of Surprises – The Federal Reserve has had 8 “tightening cycles” (raising interest rates) since 1969. During 6 of the 8 “tightening cycles” the S&P was up on a total return basis.
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The majority of investors fear rising interest rates and a strong dollar believing it will cause our markets to crash.
We say “Bring it on in 2020, The Year of Chaos.”
Read about it in our December newsletter (HERE).
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