Found this article alarming. Why is Finland ranked #1 for the 9th straight year and the US continues to fall lower?
Finland ranks as the world’s happiest country for the ninth straight year: They do 'a lot of things right' https://t.co/jWgSTJ1rUN
People are running out of money each month.
The NY Fed says that 5.21% of auto loan balances are 90+ days delinquent
The share of credit card balances that are 90+ days delinquent is 12.70%, the highest since 2011.
Meanwhile, student loan delinquencies have soared.
Happy Presidents Day:
"A house divided against itself cannot stand."
~ Abraham Lincoln
President Gerald Ford was a male model.
President Bill Clinton changed his name at 15 (he was formerly William Jefferson Blythe)
Abraham Lincoln was a bartender before entering politics.
Americans are expected to spend over $970 billion this Christmas season, which is a new record! However, the biggest surprise is nearly 60% of shoppers say they’re prioritizing experiences over physical gifts, the highest share ever recorded.
- National Retail Fed Nov 6 2025
On April 8, the S&P 500 was -15% on the year, the 4th worst start ever. We witnessed since then is one of the greatest comebacks in history. S&P 500 has gained 37%, and is now up over +17.5%
Up nearly +1800% last 30yrs, +10.3% annualized.
Time in market > timing the market.
Gold (+55%) is the best performing major asset in 2025 while Bitcoin (-9%) is now the worst. Bitcoin is now down around 36% from its all-time high of $126,300 in early October. That’s the biggest correction off an all-time high since 2022. Is this unusual volatility? Not at all.
This one chart explains the "why" of investing. Over the past 30yrs, the Dollar has lost half its purchasing power. At the same time, the S&P is +888% adjusted for inflation.
2 of these cities are in TX, a short drive from Tulsa.
Ultra Wealthy defined as +$30M net worth
The world's ultra-wealthy primarily live in these 10 cities—only 3 are outside the U.S. https://t.co/mqNogGUpDC
Should I be concerned about the GOVT shutdown and the impact on the stock market? No. In fact, the S&P 500 has been positive during the past 6 shutdowns. AVG +.3% going all way back to 1976
Foreign holdings of US equities have crossed above $20 trillion, a record high. 30% of the total US stock market is now held by foreign investors, the highest percentage on record with data going back to 1945.
I think we can see why:
Realtor friends: is this being caused by spike in prices, elevate interest rates, and lack of new construction?
The median income to purchase home in the US ($123k) is now 56% higher than the current median income ($79k). This is the most unaffordable housing market in history.
This is a concerning economic indicator. House payments will follow. US consumers have been resilient over the past few years, however the financial stress is showing.
They’re Skipping Car Payments; That’s The Final Warning Sign via @forbes https://t.co/B0Bbsfw5vy
Giving cures greed and displays the true joy of wealth.
Warren Buffett recently donated $6B worth of Berkshire Hathaway stock to the Gates Foundation and four family charities. Bringing his total philanthropy up to roughly $60B
- Morning Brew, July 1
That's $60 with a B!
That's expensive!! 50% of parents financially support lifestyle of an adult child over 18yo. Avg is $1800 monthly. That's 2.3x more than parents spend investing in retirement accounts each month.
Danger of when helping actually hurts.
https://t.co/zmLqOJDz8d
Kentucky Derby random fact:
Confirmed through pedigree research by Louisville Courier Journal, every horse that competed in the 2025 Kentucky Derby is a descendant of the racehorse Secretariat, who won the Triple Crown in 1973, more than 5 decades ago. - CBS Sports, May 3, 2025
Young adults aren’t listening to their doctors anymore. 38% disregard their doctor's advice in favor of info on social media. Half also trust friends and family over medical professionals and 45% think they can know as much about health as trained doctors.
- Axios, 4.24.2025