Market Morsels

| March 25, 2019
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CLEAN YOUR FRUITS: According to the Environmental Working Group’s annual analysis of US Department of Agriculture data, about 70% of fresh produce sold in the US has pesticide residues on it even after it is washed.

RECORD HIGH TOTAL: 117 Chinese corporate bonds worth $16 billion defaulted in 2018, an all-time default record by amount in China (Source: Fitch Statistics).

THANKS TINDER: Just over half of Americans between the ages of 18 and 34 (51% of them) said they do not have a steady romantic partner, according to data from the General Social Survey. That 2018 figure is up significantly from 33% in 2004—the lowest figure since the question was first asked in 1986—and up slightly from 45% in 2016.

PREPARE FOR IT: A 65-year old American couple has a 48% chance that at least one of them will live to age 90, i.e., at least a 25-year life expectancy (Source: Social Security Administration).

NO MORE FREE PLAY: Parents are investing thousands of dollars on year-round sports leagues and programs on their children. Families spend up to 10% of their income on youth sports—with some spending up to $20,000 a year—according to a 2017 report by Time Magazine. Furthermore, U.S. youth sports is now a $17 billion market compared to a $15 billion NFL market, Massachusetts-based WinterGreen Research reports.

END OF LIFE: 1 out of 3 Americans at least age 85 has Alzheimer’s (Source: The Atlantic).


Stay Tuned, Disciplined & Patient! {TJM}

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


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