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my two tuesday mornings train WFH wrote:
• Want a 19% raise?find a new job Recruiters say city hiring is rebounding from Covid and the number of jobs available in 2021 is now the same as in 2019 (Bloomberg) see also Workers enjoy a sense of power as employers scramble to fill jobs With a flood of companies hiring, workers are quitting their jobs to start their own businesses. “I refuse to accept a position that is just a position.” (Wall Street Journal)
• Why proactive managers are in trouble again in 2021 We are still awaiting SPIVA data on active fund performance in 2021. However, the performance was once again disappointing. Conditions are especially tough for proactive managers. (Evidence-Based Investor)
• New car prices continue to climb, now averaging nearly $47,100: Reduced supply, increased demand: this all leads to higher prices for the public buying new cars. (car and driver) see also Cheap brands lag, Rolls-Royce, Bentley, BMW sales surge Luxury sales boom as automakers shift scarce chips and raw materials to high-margin models (Wall Street Journal)
• How a lot of money flooded Cathie Wood’s ARK: Ark Innovations ETF Gets Big Returns, Big Money Follows. Now, this is the latest example of what happens when a fund becomes too big for its own interests. (Wall Street Journal)
• After breaking Android Messages, Google says iMessage is too powerful Google hasn’t been able to compete with iMessage for years. Now it wants Apple to behave well. (Ars Technica) see also iMessage is the glue that keeps me on my iPhone Accidental social network. (edge)
• What it’s like to make a $100,000+ dog walker: The economy of dog walking can be lucrative – but the profession comes with countless wild encounters. (hustle and bustle)
• My first impression of web3 However, even strictly on a technical level, I have not yet succeeded in becoming a believer. So, given all the recent attention to what is now called web3, I decided to explore some of what’s happening in the field more thoroughly to see what I might have missed. (moxie) but see Web3 is going well …and definitely not a huge con, pouring lighter liquids on our already smoldering planet. (Web3 is going well)
• One thing Covid can’t stop: Alcohol sales: Alcohol is a welcome companion during lockdown, and it has rebounded to pre-pandemic levels. (Work Week)
• ‘Trump in Florida’: DeSantis focuses on non-existent problems as election looms, critics say. Opponents say the governor is leaning toward “awakening” and culture war issues unrelated to the real needs of Floridians (protector) see also Who is the King of Florida?Tensions escalate between Trump and a former aide. The coronavirus spat exposed friction between the former president and a rising Republican governor unwilling to curb his ambitions (New York Times)
• How Ronnie Spector and ‘Be My Baby’ Became Pop Culture’s Sex Voices in 1987 In a year, Ronnie Spector’s voice, perhaps twice in her most famous songs, alludes to sex, but not just sex: desire, especially female desire. (NPR)
Be sure to check out our Master of Business interview this weekend with Jim McKelvey, Co-founder square (with Jack Dorsey), current CEO invisible, the future of enabling people to manage their personal data.
10-Year U.S. Treasury Yields, the Fed and Inflation
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post Reading Tuesday at 10am first appeared in big picture.
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