This chart shows the rise of tractor adoption across the twentieth century. The market for farming horses and mules essentially collapsed over a period of only fifty years–by 1960 about 90% of horses were replaced with tractors.
Archive for the ‘investments’ Category
Who benefits the most from tax breaks? The answer is, generally, the upper middle class and above who benefit enormously from deductions and exclusions.
–from The Atlantic
Between 2004 and 2014, the value of a taxi medallion increased 336%, while S&P stock index increased 64.5%. With the impending popularity of car hire services like Über, the taxi market will have the potential for upsets for the first time in decades.
The marginal debt level, a “warning sign” of market stability, has been radically increasing along with the S&P 500. The current bull market, which has been on for 5 years, is among the longest in post-World War II America. Average bull markets last for 4.5 years.
Venture Capital-backed IPOs are at their highest level since 2000 and made up nearly 40% of all 2013 IPOs.
This table shows the years until maturing, time of maturity, total value, amount owned by the Federal Reserve vs. others, and the Fed % of total. The Federal Reserve owns 49.5% of bonds maturing in 10-15 years, which is a substantial amount and the length of bonds often purchased by low-risk investors.
Although everyone knows about the largest mergers, the smaller ones pay the banks higher fees, and make up more than 1/3 of merger proceeds.