The Economist’s Intelligence Unit recently released its 2019 Worldwide Cost of Living report, which compares 400 individual prices across 160 products and services in 133 cities around the world. Our latest visualization takes 20 of these cities, as provided in the free version of the report, and compares the [...]
According to the World Bank, 10 percent of the world’s population lives in extreme poverty, defined as living on less than $1.90 USD per day. While this threshold is shockingly low (it would amount to an income of less than $1,000 per year), residents in some countries can make [...]
Our latest visualization maps out how much state and local tax the richest 1 percent of a state pays, compared to the poorest 20 percent of the state. The data comes from a report titled Who Pays: A Distributional Analysis of the Tax Systems in All Fifty States. The [...]
Tax season is in full swing, and it’s fair to wonder what you’re getting for all your money. It turns out for people living in most states, the federal government is spending a lot more than it’s receiving in tax revenue. Q4 hedge fund letters, conference, scoops etc40 out of [...]
Crude oil is a fossil fuel derived from marine plants and animals that died millions of years ago, before the dinosaurs. In its liquid form, crude oil can be found underground in reservoirs, sedimentary rocks, and tar sands. Q4 hedge fund letters, conference, scoops etc Crude oil has been used to [...]
Government spending has been in the news a lot since the national debt reached a record $22 trillion earlier this year. While debt incurred by the federal government tends to draw headlines, government spending at the state level paints a less stark picture, especially when compared to each state’s [...]
There may be more financial planning to be done in the next ten years than there are financial planners. As the U.S. population ages and Baby Boomers begin to retire, the Bureau of Labor Statistics suspects that their services will be a hot commodity and that the field will [...]
The U.S. economy hit $20.5 trillion in GDP in 2018. What does this number actually mean? Well, GDP stands for “gross domestic product”, or, the total value of goods and services produced by a country in any given year. This means the U.S. produced $20.5 trillion in goods and [...]
The primary season is in full swing for Democrats seeking the 2020 presidential nomination, and that means bashing the big banks is a favorite campaign topic. Kamala Harris is taking heat for accepting money from Wall Street. Elizabeth Warren believes the economy is rigged to favor big banks. And [...]
Amazon backed out of its plans to build an office in New York, citing the pushback and criticism from politicians like Alexandria Ocasio-Cortez. Q4 hedge fund letters, conference, scoops etc Even if some people are still hoping Amazon will reconsider, the entire idea behind bringing Amazon to Queens, NY was for [...]
Personal loans are an increasingly popular product, and people are using them to either consolidate some other type of debt, cover an emergency or fuel irresponsible consumption. Q4 hedge fund letters, conference, scoops etc RoamingPro / Pixabay That’s according to an in-depth study from LendingTree, which looked at anonymized data from customers [...]
There’s a lot of power in being first. And when it comes to Initial Public Offerings, or IPOs, it pays to be among one of the earliest investors. Q4 hedge fund letters, conference, scoops etc But we wanted to understand how much it would pay, so we ran an experiment. Imagine [...]
President Trump likes to argue that other countries should pay more to fund international groups like NATO and the United Nations. He frequently criticizes globalism and advocates for his “America First” foreign policy agenda. Among other things, this has meant decreasing the money the U.S. spends for on the [...]
The 2018 tax season is off to a slow start. According to the IRS, refunds are 8% lower than last year, and taxpayers appear to be taking their time filing their returns. Q4 hedge fund letters, conference, scoops etc But refunds will likely still run as high as two or three thousand [...]
Who doesn’t want to retire early? Q4 hedge fund letters, conference, scoops etc There’s a new movement among financial advisors called FIRE (Financial Independence / Retire Early). The basic idea is to live below what you could theoretically afford, so that you can maximize retirement savings and exit the workforce as [...]
The most innovative fintech companies have two things in common. They’re getting a lot of attention from investors, and they’re using technology to dramatically simplify financial transactions. Q4 hedge fund letters, conference, scoops etc That’s our conclusion from reading a new ranking from Forbes on the most innovative fintech companies in [...]
Tens of millions of people are in slavery around the world, and lots of them live in your country. That’s according to the 2018 Global Slavery Index, a detailed analysis of modern human trafficking and slavery around the world from the Walk Free Foundation. Q4 hedge fund letters, conference, scoops [...]
Imagine President Trump could directly control how many jobs the American economy produces. He would no doubt want to see tens of millions of more jobs before the next election, more than any other administration in American history. Q4 hedge fund letters, conference, scoops etc To be sure, presidents control some [...]
Selling weapons to other countries is big business. It’s so lucrative that President Trump famously refused to cancel an American arms deal with Saudi Arabia in the aftermath of Jamal Khashoggi’s murder. So just how big is the international market? Q4 hedge fund letters, conference, scoops etc The Stockholm International Peace [...]
Creative destruction is constantly at work in the U.S. economy. If one company invents a new technology and offers the same product for a cheaper price, it’s going to gain market share. On the other hand, if consumers value brand and reputation more than other factors, prices can rise without [...]
President Trump loves railing against the trade deficit even as it reaches a 10-year high. But here’s the thing. Countries with large surpluses have to do something with all that cash, and there’s only so many domestic investments available. Q4 hedge fund letters, conference, scoops etc Instead, much of that money [...]
Want to make a lot of money? Become a doctor. That’s the basic message behind our new map breaking down the highest paid occupations in every state. Almost every single top-ranking job is in the healthcare field. Q3 hedge fund letters, conference, scoops etcWe have together a list of the highest paying [...]
