my morning train WFH wrote:

• The US economy is booming. So why are economists worried about recessions? There are few signs that a recession is imminent. But extremely high demand and supply shortages are testing the economy’s limits. (New York Times)

• 9.2% and Twitter guru 13Ds, Gs, and the SEC “If anyone can crush the SEC, it’s gotta be Twitter guru Elon Musk” because I never disparage Musk’s ability to play this game. That’s why I’m more interested in him escalating things. He’s a twitter guru. (margin)

• Will high inflation hurt stock returns in the long run?not really Inflation above 7% and the recent inversion of the yield curve have some investors wondering whether to adjust their investment strategies. However, investors won’t necessarily benefit by shifting their allocations to U.S. Treasuries. Think long-term, remember this time may be different, and stick with it. (NBC Finance Channel)

• The Metaverse also has bosses. Meet Axie Infinity’s “Manager” The managers of Play-to-earn game Axie Infinity employ a large team of “scholars” who can’t afford their own NFTs even as the game’s economy spirals. (vice)

• Daytime drinking, ‘big guys’ and billions: How the nickel market collapsed Nickel prices have been dull for much of the past decade. Nickel trades between $10,000 and $20,000 a metric ton on the London Metal Exchange, the main trading and price formation venue for the industrial metal, fluctuating around $100 a day. Then in early March, spurred by Russia’s invasion of Ukraine, an epic brief squeeze awakened the sleeping giant. (CNN)

• Finally, the scandal-free LIBOR is coming Why wait so long to transition to a new, less corrupt credit benchmark? (Chief Investment Officer)

• Can solar geoengineering reduce human suffering? A controversial climate change idea could benefit from reframing a somewhat stale debate. (grid)

• Bear Crash: Andrei Soldatov on Russia’s Self-Destruction: “You can’t talk about coherent foreign policy when you have someone in the Kremlin who is completely delusional about what’s really going on in Ukraine.” (Octavian Report)

• What happens when Fox News viewers switch to CNN? Previous research has shown that partisan media influences how people vote. They can also affect the way people think, a new study suggests. (Bloomberg)

• America is eyeing its first so what? waves The U.S. could face a double whammy: a surge it neither cares nor cares about. (atlantic organization) see also Judgment under uncertainty. Making good investment decisions is no different from making good healthcare decisions. It appears that the skills required to successfully meet these challenges are similar. (big picture)

Be sure to check out our Master of Business interview This weekend with Bain Capital’s co-managing partner Jonathan LaVine and Bain Capital Credit’s Cheif Investment Officer. He is co-chair of the Columbia University Board of Regents.

Subsequent 30-day price movements in the S&P 500 are distributed according to the VIX mechanism

resource: Isabelle Nett

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