I go to work in the morning train WFH wrote:

• Huge effort to produce tiny microchips As the global chip shortage continues, we gain insight into how semiconductors are made. (New York Times)

• The dawn of the financial war If the dollar’s status is unassailable, the temptation to weaponize the dollar more frequently will be enormous. (Financial Times) see also Putin and Xi Jinping expose the big delusion of capitalism Unless the United States and its allies mobilize to save it, the second great era of globalization will end catastrophically. (Bloomberg)

• Retail crime is hurting companies and making inflation worse.What investors should knowThis upward trend has made crime one of the top issues plaguing mom-and-pop stores and listed retailers this year, as businesses grapple with large-scale violent gang-backed theft, which is growing, and petty shoplifting, which occurs more frequently. Executives now cite crime and inflation as the two main issues cutting profits. The vast majority of stolen merchandise appears to be motivated by greed rather than need, with professional and amateur thieves targeting everything from luxury clothing and handbags to power tools, Tide laundry detergent boxes, Crest whitening strips and razor blades, hoping Being able to flip it all around is all about making a quick buck. (Barron)

•The Doughnut Effect: How the Pandemic Destroyed America’s Largest City Fewer and fewer people are living in city centers and urban cores due to remote work. (slate)

• Corporate owners are devouring America’s suburbs.These homeowners are fighting backA predominantly black community in North Carolina has used power to punish homeowners for failing to mow their lawns, slowing investor buying. (Washington post)

• How CTOs Can Invest Big in the Future A survey of more than 3,000 executives across industries provides a crystal ball into how businesses spend today for tomorrow. (Bloomberg)

• Battle of the Data, Week 6: Aftermath of the Holocaust: The Russian invasion has claimed thousands of lives, forced millions to flee and sent shockwaves through the global economy. (grid)

• Skepticism is a way of life: The desire for certainty is often foolish and sometimes dangerous. Skepticism destroys it, both in itself and in others (Aeon)

• Gazing into the ‘Black Sun’: The Fascinating Beauty of Starling’s Mutterings Every spring and autumn, the skies of southern Denmark come to life with the rotation of hundreds of thousands of starlings, known locally as a ‘sort sol’. (New York Times)

• This is not a story about Bruce Willis: Meet Eric Buarque, a Maryland-based garden designer who enjoys every minute of his life as a Hollywood action hero. (Washington post)

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.

CPI Peak: Today’s Inflation Trend and Previous Inflation Peaks

source: MUFG pass daily shot

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