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

 

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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