📈 Charts of the Week 7/5/2026 By Michael Allison, CFA Source: Electricity generation per capita (Ember / Energy Institute, via Our World in Data) and population (UN), 2023; GDP per capita in current US$ (World Bank, 2023; Afghanistan 2022). Bubble area is proportional to population. Both axes are logarithmic. Source: EIA retail electricity prices and BLS Consumer Price Index, indexed to 100 in 2019; cumulative change since 2019 (Brookings analysis). ⚡ No Country Gets Rich In the Dark, But...

📈 Chart of the Week 6/28/2026 By Michael Allison, CFA Source: Bank of America 👴🏼 The Kids Are De-Risking the Wrong Direction This week’s Chart is from a Bank of America study of households with $3M+ in assets which found Gen Z and Millennial investors holding just 32% of their portfolios in stocks, as compared to 58% for the Gen X and Boomer crowd. The gap gets filled with 15% in alternatives and 13% in crypto. Two-thirds of the youngsters told BofA they no longer believe stocks and...

📈 Chart of the Week 6/21/2026 By Michael Allison, CFA Does the Bull Market End With the Boomers? It’s been a while since we had a demographic-related Chart, so when I ran across this one, I found it interesting enough to write about. Here’s the worry on the minds of many investors. Baby Boomers hold about $89.7 trillion in net worth, more than the Silent Generation, Gen X, and Millennials combined. Boomers and the generation ahead of them own close to 70% of all the stocks, and they’re...