THOUGHT IT WOULD BE HIGHER
522,808 Americans filed bankruptcy in 2020, down 30% from 752,160 bankruptcy filings in 2019. (Source: United States Courts, Table F-2, Bankruptcy Filings)
WERE YOU IN ON THIS?
5.6 million existing homes were sold in 2020, the highest number recorded in the United States since 2006. (Source: National Association of Realtors)
DO THE MATH
The S&P 500 is up +4.9% YTD (total return) through last Friday 2/12/21. Since the S&P 500 is cap-weighted index, the largest capitalized stocks carry a disproportionate impact on the index’s performance calculation. As of 2/12/21, the 8 largest stock in the index (out of 505 individual stock counted int eh index) represent 25% of the total capitalization of the index. (Source: Slickcharts.com)
MORE IN THAN OUT
For every $1 of goods that US companies exported to Chinese buyers in 2020, American consumers imported $3.49 of goods from Chinese manufactures. (Source: Department of Commerce)
