Bill’s By The Number$
Posted by: Kim Vo | Posted on: December 16th, 2016 | 0 Comments
1. OWN A LOT – The federal government owns 28% of all the land in the United States, a total of 640 million acres (source: Congressional Research Service). 1/18/16 issue, # 13 bullet
2. DID NOT NEED COLLEGE – Historically, 33% of college graduates in the United States that are employed are working in jobs that do not require a college degree, i.e., they are “underemployed.” As of result of the 2008 global financial crisis, the percentage of recent college graduates working in jobs that do not require a college degree has climbed to 44% (source: New York Federal Reserve Bank). 2/08/16 issue, # 10 bullet
3. TIGHT CREDIT – If the same credit standards used by lenders in 2001 were used during the 6 years of 2009-14 (i.e., following the 2008 global financial crisis), an additional 5.2 million mortgage loans would have been made, including 1.2 million mortgage loans in 2014 alone (source: Housing Finance Policy Center at the Urban Institute). 2/29/16 issue, # 10 bullet
4. PARTICIPATION – If the USA had 5 unemployed people for every 100 individuals either working or seeking work, the nation’s unemployment rate would be 5%, i.e., 5 divided by 100. If there was 1 additional unemployed person that gave up looking for work, he/she would no longer be counted in the unemployment calculation. Counting that person, the new math would be 6 divided by 101 or 5.9% unemployment rate (source: BTN Research). 3/07/16 issue, # 11 bullet
5. RIPPLE EFFECT – Every 1 physician in the United States supports an additional 14 jobs as a result of his/her medical practice (source: Merritt Hawkins 2014 annual survey). 3/21/16 issue, # 7 bullet
6. THE COST OF BUSINESS – The breakeven oil price for Saudi Arabian oil producers is $7 a barrel. The breakeven oil price for Russian oil producers is $46 a barrel (source: Deutsche Bank). 3/28/16 issue, # 7 bullet
7. JUST A COUPLE LEFT – There were 60 AAA-rated companies by the rating agency S&P in 1980, a number that fell to 30 by 1995, then to 6 in 2008 and down to just 2 top-rated companies as of last week (source: S&P). 5/02/16 issue, # 8 bullet
8. CAN’T GET AHEAD – 45% of the 118 million households in the United States live “paycheck-to-paycheck” (source: National Endowment for Financial Education). 5/09/16 issue, # 10 bullet
9. DIGITAL REVOLUTION – The number of electronic devices that are “connected online” (e.g., laptops, smart phones, cars, appliances, watches, security systems) surpassed the world’s population in 2010. Within 4 years (by 2020), the number of devices and objects that will be “connected online” will reach 50 billion. The globe’s population is 7.3 billion today (source: Federal Trade Commission). 6/06/16 issue, # 11 bullet
10. OVERSTAYED THEIR WELCOME – 45% of the immigrants that are in the United States illegally came into the country legally (for tourism, education or for temporary work) and simply never left (source: Urban Institute). 6/13/16 issue, # 10 bullet
11. TAXES PAID – The top 5% of US taxpayers paid more in federal income taxes ($721 billion) than the bottom 95% of US taxpayers ($511 billion) for the 2013 tax year (source: IRS). 7/25/16 issue, # 10 bullet
12. GREENBACK POWER – 90% of all global trades, including transactions that do not involve an American buyer or seller, are conducted in US dollars (source: Morgan Stanley). 8/15/16 issue, # 14 bullet
13. MORE THAN TWO-THIRDS – The total return of the S&P 500 over the last 5 calendar years (2011-2015) is +80.7% (total return). The best 13 trading days during the 5 years (i.e., 13 days out of 1,258 total trading days) produced a +55.1% gain. Thus, 1% of the trading days over the last 5 years were responsible for 68% of the index’s total return (source: BTN Research). 9/05/16 issue, # 3 bullet
14. DOLLARS IN, DOLLARS OUT – Chicago has more retired policemen and survivors of policemen than they have active police officers. As of 12/31/15, Chicago had 12,061 working policemen but had 12,528 retired officers and survivors of deceased officers (source: Policemen’s Annuity and Benefit Fund of Chicago). 9/12/16 issue, # 3 bullet
15. START SAVING NOW – A child born in 2016 that begins kindergarten in the fall of 2021 would attend college between the years of 2034 and 2038. If that child attended an average public in-state 4-year college and if the annual price increases for public colleges experienced over the last 30 years (+5.5% per year) continued into the future, the aggregate 4-year cost of the child’s college education (including tuition, fees, room & board) would total $227,984 or $56,996 per year (source: College Board). 10/31/16 issue, # 6 bullet
– Broker/Dealer Use Only, Reproduction Prohibited without Express Permission –
Copyright © 2016 Michael A. Higley. All rights reserved. Email mick.higley@mahbtn.com for subscription information.