WOW. Minnesota's spending on Autism Care went from $1 million in 2017 to $343 million in 2024 under Tim Walz’s watch.
That's a 34,200% increase.
This level of fraud is unbelievable.
Here are the top 10 stock traders in Congress
This is how much each Rep has made in just ONE YEAR
- Nancy Pelosi (Democrat from California): 12 trades, $27 million
- Senator Richard Blumenthal (Democrat from Connecticut): 406 trades, $80 million
- Representative Gil Cisneros (Democrat from California): 527 stock trades, almost $18 million)
- Representative Cleo Fields (Democrat from Louisiana): 185 stock trades, $20 million
- Senator Dave McCormick (Republican from Pennsylvania): 200 trades, about $29 million
- Representative Darrell Issa (Republican from California): 1 trade, worth $30 million
- Representative Jefferson Shreve (Republican from Indiana): 617 trades, worth $30 million
- Representative Josh Gottheimer (Democrat from New Jersey): 420 trades, $45 million
- Representative Ro Khanna (Democrat from California): 3,923 trades, worth $56 million
- Representative Michael McCaul (Republican from Texas): 1,029 trades, worth $75.52 million
This is wild:
ALL net wealth in the US stock market since 1926 has been generated by just 3.44% of companies.
To put this differently, ~97% of all stocks have barely contributed to long-term shareholder wealth creation.
The top 1.88% of companies reflect 90% of total gains.
Interestingly, just 0.26% of firms have created HALF of all wealth.
This highlights the extreme concentration of stock market returns in top-performing companies.
Market wealth is heavily skewed toward a very small minority of companies.
@harryjsisson At what point does someone like yourself have to take responsibility for your own rhetoric instead of just trying to get a rise out of people for money. You honestly cannot believe half the things you say.
Since 1990, the S&P 500 is up 9.8% on average per year.
That drops to negative 12.5% if you miss the 10 best days of the yr.
The best days of the year tend to happen in clusters around the worst days, so if you are scared of big down days and sell, you'll miss the best days.
2025 Total Returns...
European Stocks $VGK: +15.6%
International Stocks $ACWX: +9.1%
US Value Stocks $IWD: +2.5%
US Bonds $AGG: +2.2%
S&P 500 $SPY: -1.7%
US Dollar Index $UUP: -3.5%
US Growth Stocks $IWF: -5.7%
Diversification is back.
Video: https://t.co/qsy0odh2BP
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The median household income necessary to purchase the median home for sale in the US ($120k) is over 40% higher than the current median household income ($85k). The most unaffordable housing market in history continues.
Video: https://t.co/2PGGoBaTU0
You can't make this up:
Total US debt has jumped by $473 BILLION over the last 3 weeks alone, to a record $35.8 trillion.
This means the US has taken on $1,450 of debt for EVERY American over the last 3 weeks alone.
It also means that the US now holds a record $103,700 of debt for every American.
In 2024, the US paid a total of $1.16 trillion of interest on this debt in its first year above the $1 trillion mark.
In interest alone, the US paid $3,360 for every American during fiscal year 2024.
What is the long-term plan here?
BREAKING: A record 87% of Americans now believe it is a bad time to buy a home, more than DOUBLE the 2008 peak.
At the peak of the 2008 Financial Crisis, just 40% of Americans said it was a bad time to buy a home, according to Reventure.
In fact, even when mortgage rates hit a whopping 18% in the 1980s, sentiment was not as bad as it is now.
In the 1980s, this metric peaked at 79%, 8 percentage points BELOW current levels.
This is by far the most pessimistic housing market sentiment in history.
How is this a "soft landing?"
The average payment on a new home is now at a record $2,750/month.
The average house is now renting for a record $1,900/month.
The average new car payment is now at a record $733/month.
The average used car payment is now at a record $530/month.
The average student loan payment will be $500/month when payments resume.
The average gallon of gas is now nearing $4.00 again.
The average household credit card balance is now at a record $7,300.
The average household will have $0 of excess savings by the end of this quarter.
How can the average person afford to live?