Hi - please send me feedback to let me know if you love/hate these emails and what I can do to provide meaningful information. Thanks!
Fact 1: Inflation is the big story today, with CPI up 6.2% (highest since December 1990) and core CPI up 4.6% (highest since August 1991). I’ve included the breakdown in the table below. Energy and cars continue to push the numbers higher.
Fact 2: Consumers are exiting the pandemic in better financial shape than when they entered. As a percent of total household financial assets, debt is at an all time low, equity is close to a high and cash has risen substantially.
Fact 3: Climate change, which barely registered on the radar 5 years ago, is now considered a top political priority by 52% of Americans. Over the past few years, concern about climate change has risen rapidly.
Fact 4: You don’t have to go vegan to improve the climate. Based on the chart below, simply eliminating beef consumption would substantially improve the environmental impact of your diet. I understand not all livestock raising practices have the same impact - I’m not an agricultural expert so if you have charts you’d like to share please reply.
Fact 5: More than just diet, overall lifestyle is directly related to carbon footprint. Worldwide, due to an extravagant lifestyle, the richest 10% produce dramatically more CO2 than the average person or bottom 50%.