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Chart of the Day: Long Term Optimism

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

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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.”