Market Morsels

| February 26, 2018
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$12 Billion

That’s how much NBC paid for the rights to broadcast the Olympics from 2014 through 2032. That enormous investment is doing fine, but a ratings slide may be making some at Comcast a little skittish. Viewership of the Pyeongchang games was down 24 percent compared to Sochi in the key 18-49 demo.

82% of ETF Assets

Are managed by just 3 firms: BlackRock, Vanguard, & SSGA. The top 5 manage 89%, & the top 10 account for 95% of assets.

A Good Loss of 3.5 Million

On the day that Janet Yellen was sworn in as Fed Chair (2/03/14), 10.2 million Americans were unemployed. On the day that Jerome Powell was sworn in as Fed Chair (2/05/18), 6.7 million Americans were unemployed.

A Bad Loss of 50%

Businesses — especially smaller firms — may scale back on treating clients to major league baseball games, golf outings and the like after Congress and President Donald Trump ended a tax break for such entertainment. The tax overhaul that Trump signed Dec. 22 eliminated a 50% deduction for business-related expenses for “entertainment, amusement or recreation.” Suddenly, luxury boxes at stadiums and arenas — along with theater and concert tickets — will be more costly for firms that use them to woo clients.

A Good Loss of 50%

In 1977, clothing accounted for 6.2% of U.S. household spending, according to government statistics. Four decades later, it’s plummeted to half that.

A Good For You $11 Billion Opportunity

According to the NRDC (Natural Resources Defense Council), the recyclable materials that get thrown away in the U.S. every year are worth more than $11 billion.

5 Hours & 13 Minutes

In January 1970, the first 747 flight from New York City to London took 6 hours and 10 minutes. Last month, a 787-9 Dreamliner flew the route in an unprecedented 5 hours and 13 minutes.


Stay Tuned, Disciplined & Patient! {TJM}

The Investor & Character Equation (ICE) | S + R = O


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