This year, the federal government will spend $300 billion on interest payments on the national debt. This is the equivalent of nearly 9 percent of all federal revenue collection and over $2,400 per household.
From 1980 to 2015 General Electric was a top 10 holding in the S&P 500. It’s now the 86th largest name in the index. GE’s share price woes may seem like an outlier but it’s actually the norm.
During the 1970s, University of Maryland economist Julian Simon and Stanford University biologist Paul Ehrlich provided the public with two very different visions of the future on the pages of Science and a variety of other publications.
Berkshire Hathaway Inc.’s Charlie Munger told a conference Friday that markets are wildly overvalued in places and that the current environment is “even crazier” than the dotcom boom of the late 1990s that subsequently led to a bust.