The U.S. and China have long been the world’s two largest economic powerhouses, and their impact can be seen in trading activity around the world. By comparing the U.S.... Read More
Americans control almost 30% of the entire world’s wealth. Other countries aren’t that far behind anymore, and when measured collectively, Asia already boasts a higher total. That’s according to... Read More
The U.S. stock market is booming, the labor market is extremely tight and wages are finally starting to rise. And yet wealth inequality remains at a five-decade high as... Read More
Forget the top one percent. The 25 richest people in the world belong to an ultra-elite group of families who control astonishing amounts of wealth. But where do these... Read More
President Trump boasted at the start of his administration that he would return the country’s GDP growth rate to as high as 4,5 or even 6%. The main reason... Read More
Economic growth headlines the news in good times and bad. Financial analysts continually forecast and tweak outlooks for the U.S. and the global economy. With the holiday season coming... Read More
Saudi Aramco finally went public with the world’s largest IPO on December 11th. However, from a historical perspective Saudi Aramco would still not be the world’s largest company ever. Our new... Read More
Over the past 40 years, the average individual income in the U.S. has grown by 65%. However, not everyone has reaped the benefits of higher wages. Income inequality is... Read More
Agricultural production is one of the mainstays of the economy, accounting for 3% of the world’s GDP and almost 30% of global employment. One of the most widely grown... Read More
Stock prices move up and down every day, but the very best companies bring value to their shareholders over the long term. Since 2019 is almost over, we wanted... Read More
You may have heard growing up that the path to a good salary was to become a doctor or a lawyer. It turns out that this conventional wisdom is... Read More
How much of the federal budget is dedicated to helping children? From healthcare and nutrition to education and tax benefits, the United States government spends hundreds of billions of... Read More
Trade talks between the United States and China are ongoing, with another round of talk set to launch soon. The standoff remains with just over a year to go... Read More
In an age of “unicorn” companies, which are private companies with billion-dollar valuations, and even trillion dollar companies, it can be difficult to mentally comprehend important financial metrics due... Read More
Most of the world’s economic production comes from the agriculture, industry, and services sectors. The services sector, in particular, plays a much larger role in the world economy than... Read More
Over the past few years, investors have been eyeing a new type of green -- cannabis stocks. Even though only 33 U.S. states and the District of Columbia have... Read More
When measuring economic production around the world, most of what the world produces falls into one of three categories: agriculture, industry (which includes manufacturing), and services. Industry, which is... Read More
Despite signs of a global economic slowdown, it seems that there is no stop on tourism growth. For many individuals, traveling is an ideal way to experience new cultures,... Read More
When comparing the economies of different countries, one of the most common methods is to use “purchasing power parity.” Purchasing power parity (PPP) compares international economies by standardizing the... Read More
As the U.S. continues to impose tariffs on goods from China, and vice versa, both countries are raising the stakes of the ongoing trade war. The new 15% tariff... Read More
It’s no secret that $1 now will get you less than it would 100 years ago, but just how much has the purchasing power of the U.S. Dollar decreased... Read More
Since the 1940s, housing prices have soared to new levels. According to the U.S. Census Bureau, the median home value in the U.S. was $30,600 in 1940 (adjusted for inflation).... Read More
