Father, Husband, Friend & Wealth Advisor with Cadeau/ Registered Representative/ RIA of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC.
Interesting, in the U.S. there are an estimated 700 million to 2 billion parking spaces which means there are between 2.5 to seven spaces for every vehicle in the country. Fourteen percent of Los Angeles County alone is dedicated to parking.
U.S. workers 45 and older think it will take about $1,100,000 in savings to retire in comfort. But only 21% expect to reach even the $1 million mark, down from 24% in 2022. ow.ly/4kIx50NQGQN
The United States is now the biggest supplier of crude oil to the European Union, providing 18% of the bloc’s crude imports. Russia accounted for as much as 31% of EU oil imports until the end of January 2022. ow.ly/T9tB50NQGBM
Congress today is older than it has ever been. Across all United States senators and representatives, the median age of the 118th Congress is 59 years old. The median senator is 65 years old, a record high; the median representative is about 58. ow.ly/69pC50NQGyy
The world’s biggest trial of a four-day work week, involving 70 firms giving 3,300 employees full pay for 80% of their hours, just reached its halfway point. 46% of firms say overall productivity has improved, and 80% say it works so well they'll keep it going after the trial.
A 1952 Micky Mantle rookie baseball card in mint-plus condition sold for a record $12.6 million, becoming the most valuable piece of sports memorabilia to be sold at auction. The previous owner bought the card in 1991 for $50,000, for an annualized return of 19.52%.
We’ve seen a significant drawdown in the US Strategic Petroleum Reserve, which has moved down to its lowest level since 1984. Read more: ow.ly/ySTT50L61Hj
The average length of a bear market is 289 days or about 9.6 months. That’s significantly shorter than the average length of a bull market, which is 991 days or 2.7 years. Read more: ow.ly/fvsQ50L61wI
More rats have been spotted in New York City in 2022 than at any point in the last decade. Many blame outdoor dining for the surging rat population, saying the sidewalk offers free food which worsens the problem. Keep reading: ow.ly/e6Ri50KMZ7w
Life insurance can offer financial protection for your family in ways you may not know. Want to learn more? Schedule an appointment today at cadeaustl.com/contact/
More than 70 Chinese cities have been placed under full or partial Covid lockdowns since late August, impacting more than 300 million people, as local authorities rush to stamp out infections at all costs. Read more: ow.ly/mqFY50KMZ5a
Conventional wisdom says you should aim to buy a house that costs three times your income. But a new study found that last quarter, home prices were 6.5 times what the typical first-time homebuyer makes. Keep reading: ow.ly/Bgus50KMYVH
Analysis by the Peterson Institute suggests that eliminating tariffs on Chinese imports, which were imposed in 2018, would cut the CPI by 1.3 percentage points from the annual U.S. inflation rate. Read more: ow.ly/E5i150KMYRi