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

 

Disclosure
Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Meyer Capital Group), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Meyer Capital Group. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Meyer Capital Group is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Meyer Capital Group’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

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