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Chart of the Day: Long Term Optimism

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer May 22, 2025
line chart showing global poverty levels decreasing over time, less than $30 a day in green, less than $10 in blue, less than $5 in purple, extreme poverty in red

Contents

Today’s Chart of the Day from OurWorldData.org was shared by @petermallouk on X showing the share of the world living in poverty. He says, “In 1950, half the world lived in extreme poverty, which is living on less than $1.90 a day. Today, it’s less than 10%. Despite the negative news we see everyday, the world is getting much better and is why all long-term investors should be optimistic about the future.”
Chart of the Day

About the Author

Samuel A. Kiburz, Senior Vice President, Chief Investment Officer
Samuel A. Kiburz, Senior Vice President, Chief Investment Officer

Samuel serves as Senior Vice President, Chief Investment Officer for the Crews family of banks. He manages the individual investment holdings of his clients, including individuals, families, foundations, and institutions throughout the State of Florida. Samuel has been involved in banking since 1996 and has more than 20 years experience working in wealth management.

Investments are not a deposit or other obligation of, or guaranteed by, the bank, are not FDIC insured, not insured by any federal government agency, and are subject to investment risks, including possible loss of principal.

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Chart of the Day: Inflow/Outflow of the Wealthy

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