Market Morsels

| June 13, 2018
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Chart of the Day

New Government? No Worries. Total Number of Governments Since 1945

Just The Facts

The State of New Jersey

It is the worst-funded public pension of any U.S. state, the second-lowest credit rating, lagging economic growth and a crumbling infrastructure and crowded transit system.

Money To Spare…

If Only The IRS Collected Taxes Every Month

The US government ran a $214.3 billion surplus in the month of April 2018, the largest monthly surplus ever in US history. The surplus was the difference between $510.5 billion of tax receipts (also a monthly record) and $296.2 billion of outlays.

Social Security Will Eventually Need It

Social Security outlays by the US government during fiscal year 2017 were $944.9 billion, i.e., $2.6 billion a day.

Social Security outlays by the US government during fiscal year 2007 were $586.2 billion, i.e., $1.6 billion a day.

Don’t Fear Sharks

The number of Americans sickened by bites from infected mosquitoes, ticks or fleas TRIPLED from 2004 to 2016 — a result of rising global temperatures and increased international travel, U.S. health officials said this month.


Stay Tuned, Disciplined & Patient! {TJM}

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


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