Where does the money go? This chart breaks it down.

via Daily Infographic.
Interesting to look at "average" spending patterns.

Thoughts about the markets, automated trading algorithms, artificial intelligence, and lots of other stuff
Where does the money go? This chart breaks it down.

via Daily Infographic.
Interesting to look at "average" spending patterns.
How much housing you can buy with a million dollars varies based on the city you choose.
The chart below shows the number of square feet of housing that you can buy for U.S. $1,000,000 (based on the median price per square foot in each city).
via BusinessInsider.
With a median list price of $666 per square foot, in San Francisco, a million dollars only buys about 1,500 square feet.
On the other end of the spectrum, the median list price in Detroit is just $12 per square foot — which is 55 times cheaper than in San Francisco.
Considering all five boroughs, the median price per square foot in New York City is $424. However, if you are looking just at Manhattan, the price jumps to an astronomical $1,538 per square foot, leading to $1,000,000 buying just 650 square feet.
Talk about scarcity!
In my opinion, facts are not beliefs or opinions.
Here are some of the posts that caught my eye. Hope you find something interesting.
History is littered with tales of once-rare resources made plentiful by innovation. The reason is pretty straightforward … scarcity is often contextual.
Imagine a giant orange tree packed with fruit. If you pluck all the oranges from the lower branches, you are effectively out of accessible fruit.
From that limited perspective, oranges are now scarce. But once someone invents a piece of technology called a ladder, the problem is solved.
Shoulder Surgery Isn't What It Used to Be.
I had shoulder surgery on Wednesday to remove some calcium deposits and bone spurs, and to clean out or fix some soft tissue damage.
Needless to say, I wasn't looking forward to it. And not just to the needles and knives, I was dreading the rehab.
Turns out, shoulder surgery isn't what it used to be.
Here is a picture from inside my shoulder (unlike years ago, they didn't have to rip me open to to gain access for the picture or the repair).

Less damage, less time, less drugs, less recovery.
Bottom-Line: I went in early, and was out before lunch. Moreover, I was able to work and go to a reception the day after the surgery … and go to the gym this weekend.
Whether it is minimally invasive surgical instruments, or linking big data and elastic computing … Technology is a resource-liberating mechanism.
Whether it is minimally invasive surgical instruments, or linking big data and elastic computing … Technology is a resource-liberating mechanism. It can make the 'once scarce' the 'now abundant' (or 'readily accessible') … and a lot less painful.
Pretty Cool!
I spent part of the week in Miami. While there, I had a great time talking about deals, opportunities, and how so many hedge fund pros are setting-up shop there.
Opportunity can be distracting.
Let's play a guessing game. Who has two thumbs and forgot to wear sunscreen?
Meanwhile, the Markets have held up well. The Dow Jones Industrial Average is trading near its highs.
However, the Russell 2000 Index is showing that traders are taking a risk-off approach to the smaller cap issues.
Investors have clearly had a preference for larger-cap stocks over smaller-cap ones for the past two months.
This type of Small-Cap negative divergence has been market-negative historically.
Put that with the "Sell in May and Go Away" theory … and what you have is another caution light (and a potential early indicator to watch for when the small caps start to out-perform the big caps again).
Do you believe that our Democracy was bought and sold a long time ago?
Here are some of the posts that caught my eye. Hope you find something interesting.
Here is a recent chart showing the returns, for the past 20 years, of this Halloween through April bullish seasonality idea.
Superficially, it seems to work.
While the statistical average results for these two periods are quite compelling, trying to ride the market in real-time in hopes of capturing these results is not always as easy as it sounds.
Assume that bull and bear market pressures tend to override seasonal tendencies.
Here are some of the posts that caught my eye. Hope you find something interesting.
There's always some pain to endure.
This chart shows S&P 500 intra-year declines compared with calendar year returns. The bars represent year-end returns since 1980, while the purple dots mark each year's market low.
Buy and Hold investors must stomach significant drawdowns to get their returns — even in 'good' years.

via JP Morgan Funds.
Basically, you have to understand that 10-15% pull-backs are normal (perhaps even healthy) for the market.
According to Business Insider, here are market correction averages and their historic frequency. Since 1900, we've seen:
Interesting.
As Passover draws to an end, these pictures tell the story.
A week of matzoh has its consequences.
Here are some of the posts that caught my eye. Hope you find something interesting.