Market Morsels

| June 14, 2019
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Mount Everest in Nepal is making history this climbing season having issued 381 permits–the highest number ever. Anyone who pays the $11,000 cost is eligible for a permit to climb Mount Everest in Nepal. Additional costs of equipment and other expenses make it an estimated $45,000 venture per climber.

Global renewable energy consumption increased 15% in 2018, and China’s renewables consumption has grown 20x in the last 10 years. Overall, renewables accounted for about a third of the necessary increase in power generation.

The U.S. deficit widened 38.8% annually to $738.6 billion in the first eight months of the fiscal year. So far, the government’s revenue increase of 2.3% hasn’t kept up with a 9.3% jump in spending.

According to a Survey by Pew Research, news diets differ drastically for younger and older Americans. Age gaps that have long been notable have now widened substantially, with those 65 and older five times as likely as 18- to 29-year-olds to often get news from TV. A large majority of those 65 and older (81%) get news from television often, as do about two-thirds (65%) of those 50 to 64.

About three-in-ten U.S. adults (29%) have a child younger than 18 at home, and 12% of these parents provide unpaid care for an adult as well. All told, these multigenerational caregivers provide more than two and a half hours of unpaid care a day, on average, according to a new Pew Research Center analysis of Bureau of Labor Statistics data.


Stay Tuned, Disciplined & Patient! {TJM}

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


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