I attended a presentation from Artio Global Management (previously under the Julius Baer name) and thought I would share a few of their more interesting data points. The first relates to the performance of the 50 companies in the S&P 500 that spent the most on lobbying efforts as a percentage of total assets. What Strategas Research Partners found was that the companies that spent the most on lobbying efforts vastly outperformed the other companies in the S&P 500 during the last 7 years.
Apparently Lobbying our Corrupt Politicians pays...
As a focus on the American consumer they showed what I have harped on quite a bit – stagnant US personal income in real terms.
There goes our rapidly growing personal wealth
And lastly, a brief look at how the United States is currently ranked against 133 other countries.
As a consolation we are #1 in malaria prevention and #1 for the lowest cost in firing employees
