News & Insights
“Time is money.”
— Benjamin Franklin
Stay up-to-date with the latest news and insights from the financial world.
19
SEP
A $33,000-a-Year Child Care Burden
Bloomberg
In the US, an average family of four will spend more annually on child care than they do on housing.
21
AUG
Americans Say It Takes $2.5 Million to Be Considered Wealthy
Bloomberg
A new Charles Schwab survey found a 14% increase from last year in how much money people think it takes to be rich.
28
NOV
S&P7 is up 80% in 2023. S&P493 is basically flat
Apollo
S&P7 stocks are as overvalued as the Nifty Fifty and tech in 2000
16
OCT
Mortgage Cost Surge Makes It Cheaper to Rent in Tough US Market
Bloomberg
Across the US, monthly rent was $81 cheaper in August than the monthly mortgage payment on a home for sale with a 30-year mortgage…
3
OCT
The missing billionaires
The Rational Reminder
If the wealthiest families of the past century spent a reasonable amount of their wealth, invested in the stock market, and paid taxes, there would be thousands of billionaires today. But there aren’t. So, what happened?
14
AUG
ARE YOU RICH?
Bloomberg
Billionaires know they are. Low-wage workers are very well aware that they aren’t. But vast swaths of America’s “regular rich” don’t feel that way, and it’s keeping everybody down.
17
APR
How much money do you need to make to be in the top 1%, 5%, and 10% in the US?
Moneywise
Are you on the upper rungs of the class ladder?