Hey Friends,
I have 5 fun facts to share with you after what has been a wild week. My weekly quote to ponder awaits you below. Have a great weekend!
Blessings,
Andrew
Fun Fact 1:
Here’s a cool chart detailing how airplanes make money on a 10 hour flight.
Source: McKinsey & Company, Aviation Stack Exchange, Transport Geography Chart by: Lirim Zenuni
Fun Fact 2:
Elon’s SpaceX is by far the leader in rocket launches
Source: Company Websites; Bloomberg
Fun Fact 3:
On average, 6.9% of homes for sale in the US had a price drop in recent weeks, a record high as far back as the data goes (beginning of 2015).
Source: REDFIN
Fun Fact 4:
A big reason for the cuts: homes are taking longer to sell due to rising supply. Active listings of homes for sale have increased 18% in the past year to their highest levels since 2022.
Source: REDFIN
Fun Fact 5:
June marked a historic surge in US corporate bankruptcy filings, with the highest number recorded in a single month since at least the start of 2020 and surpassing half-year figures seen in over a decade. The 346 total filings so far in 2024 is also higher than any comparable figure in the prior 13 years.
Source: S&P Global
Quote I’m pondering:
“The biggest communication problem is we do not listen to understand. We listen to reply.” — Stephen R. Covey
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.
