I go back to work in the morning train WFH wrote:

• Everything is becoming more and more expensive.This is why you can blame itThe supply chain is still messed up, energy prices soared in November, and people are still spending their stimulus money. (New York Magazine)

• Expected returns in the next ten years Annual rate of return over the past 10 years: The United States has grown by nearly 20% each year. The Standard & Poor’s 500 Index has risen by more than 16% every year. Small-cap stocks are up nearly 14% annually. REITs are rising by more than 11% each year. Everyone has danced on the graves of value stocks for years, but they have risen nearly 14% every year for the past decade. A simple 60/40 US stock and bond portfolio has risen about 11% per year for the past 10 years. (Common sense wealth)

• The Lucid Air verifies that more preparation, less bragging, and sometimes the best plan actually worksIt took Lucid 13 years to get to this point, from a humble battery supplier to an American electric car startup that was worth about $39 billion before delivering a customer car. The 1111-horsepower Lucid Air Dream takes less than 10 seconds to complete a quarter mile, especially 9.9 seconds at 144 mph. In the Arizona desert, just a few hours away from Lucid’s new factory in Casa Grande, I was content to squeeze my lungs to 120 mph when many cars reached 60 mph. Air is in the electronic whistling Sprint mode, and it is difficult for me to express spatial dislocation in words. Do you know how to throw a stray ant off a picnic table? At Lucid Air, you are the ant. (Roads and tracks)

• The real estate boom may last for ten years. Housing is booming. Take a look at the development of Century Communities in Tamwater, Washington. More than 140 homes have been sold this year at a price of up to $500,000. Tumwater is considered a suburb of Seattle-even 60 miles away. This is a scene that has been staged in markets across the country in the past two years. Are we close to the top? No, the real estate bulls on Wall Street say they see this as an upturn that may last for ten years. Millions of millennials are now at some stage in their lives, and they are looking for single-family homes in the suburbs and outer suburbs. They are entering a market that is still affected by the unprecedented real estate crash more than a decade ago. (Barron’s)

• Newcomers start using cryptocurrency-they may not like Bitcoin For a long time, people have believed that Bitcoin is rooted in a certain kind of anarchy, especially Bitcoin is usually associated with right-wing, anti-Fed, and gold bug types. The fact that Bitcoin uses a lot of electricity to protect the network helps to consolidate the perception of “encryption” that it is the antithesis of popular, free, ESG-style ideals. But the situation in this area is changing, and mainstream commentators who previously scorned the field are surrendering. (Bloomberg)

• The Great Escape: Why workers quit after the trauma of the pandemic According to a survey conducted by the Human Resources Management Association in July, 41% of American workers are either actively looking for new jobs or plan to do so in the next few months. Two-thirds of job seekers have considered changing careers rather than changing careers within their industry. Bankrate’s August job seeker survey found more turbulence; 55% of the workforce said they might look for a new job next year. (U.S. prospects)

• The office is an efficiency trap: With the development of office design in the last century, one characteristic still exists: the goal of filling your life with more work. (wired)

• Maggie Lieu Regarding China going to Mars, Jeff Bezos sues NASA, and why robots don’t do our housework Will humans go to Mars? I think this is very possible, and much faster than we expected. China has begun to develop tools to travel to Mars and send humans to Mars. Their forecast is 2030, and I think this is a very reasonable goal. Of course, by 2035, I think we will see China become the first country to win the Mars space race. (Browser)

• In the “misinformation” war Journalists and scholars are developing a new language of truth. The results are not always clearer. (New York Times)

• Gemini Meteor Shower 2021: How to watch: The Geminid meteor shower in 2021 will reach its peak on the evening of December 13th to 14th.The Gemini meteor shower is usually one of the best meteor showers of the year and can produce 150 or more meteors per hour In a dark place. (Planetary Society)

Be sure to check our Master of Business interview This weekend with a former Wall Street Journal reporter (now the New York Times) and co-author (with Elliott Brown) this book”Adoration of us: WeWork, Adam Neumann and the great entrepreneurial illusion. “

ETF inflows exceeded US$1 trillion for the first time

source: Wall Street Journal

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