Millions of Americans have lost their jobs as Covid-19 decimated the US economy almost overnight. The tiny invisible virus did more damage to the economy than even 9/11. The number of unemployed Americans is about 43 million. As the adverse effects of the Pandemic continues to impact every corner of the world’s largest and dynamic economy, …
Continue reading ‘How Did The Stock Market Perform During The Spanish Flu of 1919 ?’ »
Equities tend to go higher in the long run. In the really long run measured in decades stocks definitely yield a positive return. US stocks have had a positive years 71% versus negative years in 29% of the time from 1825 through 2019. The annual returns shown in the below pyramid are total returns which …
Continue reading ‘Pyramid Distribution of US Equity Returns 1825 To 2019: Chart’ »
The US equity market recovered strongly from the lows reached in March only to start plunging again in the past few days. Fears of a second wave of Covid-19 infections and soaring death toll is taking a toll on the market. Not to mention the astonishing rise in the number of unemployed Americans that total …
Continue reading ‘Investors Should Monitor US Bank Stocks’ »
The top potato eating country on per capita basis in the world is Belarus. Popular wisdom may hold that it is Ireland but it is not true. The next top potato eating countries are Ukraine and Latvia followed by Russia. The US is not in the top ten countries for potato consumption. Click to enlarge …
Continue reading ‘The Top Potato Eating Countries: Infographic’ »
The US equity market plunged dramatically in 1929 triggering the Depression. From the peak of 1929 to the bottom reached in 1932, millions were unemployed and untold misery was brought upon the general population.After FDR was inaugurated as the 32nd President of the United States the economy slowly started to recover. The chart below shows …
Continue reading ‘Dow Jones Index During Depression And After: Chart’ »