Capitalogix

Growth of the US In 2019 (and into 2020)

The US economy and its financial markets have proven resilient - if you look at the timeline of our history, there's almost unbridled growth. 

For all the hiccups, issues, downturns, etc. our economy is enormous and still growing. 

via howmuch

In fact, our largest growth came on the backs of the Great Depression and WW2 ... it makes sense, but it's a reminder of resiliency.

Looking at 2019, we've seen volatility, fear, uncertainty - but we've also seen a banner year for the S&P 500, and continued GDP growth. 

According to visual capitalist, the key sectors for growth this year were semiconductors, credit services, aerospace/defense, electornic equipment, and diversified machinery. Oil, wireless communications, foreign banks, apparel, and foreign telecoms took a hit. 

via Visual Capitalist

I share these images, not to say we're invincible, or that growth will continue forever, but to say that as we start the new year it's important to be optimistic and keep an eye on what's possible, not what obstacles we may face along the way. 

Onwards!

Here Are Some Links For Your Weekly Reading - January 5th, 2020

The Dallas Cowboys are letting Jason Garret's contract lapse as it expires at the end of the month. 

As a longtime Cowboys fan - I'm conflicted, but hopeful. Who do you think is going to end up as head coach?

Here are some of the posts that caught my eye recently. Hope you find something interesting.

Lighter Links:

• How Did Carlos Ghosn Escape from Japan Without Any of His Three Passports? (CNN)
• Ram Dass (RIP) Offers Wisdom on Confronting Aging and Dying. (OpenCulture)
• The 2020s: the Decade of Psychedelic Breakthroughs?(BigThink)
• 10 Ways Medical Innovation Will Transform Our Lives over the next Decade. (InnovationManagement)
• Guy Kawasaki: At Apple, 'You Had to Prove Yourself Every Day, or Steve Jobs Got Rid of You'. (CNBC)

 

 

 

Trading Links:

• Say Goodbye to Banking as We Know It. (Bloomberg)
• Ten Years of Fintech Megatrends for the next Decade.(Forbes)
• AirPods Could Be a $15 Billion Business in 2020. (Cult of Mac)
• Stocks are Climbing Faster Than Profits, but Investors Aren't Worried. (Wall Street Journal)
• A Billionaire Just Scooped up the Most Expensive Home Ever Sold in Florida: The $111 Million Estate that Has Its Own Bowling Alley. (BusinessInsider)