10 Wednesday AM Reads

My mid-week morning train WFH reads: • Lysol. N95 Masks. UPS. For Some Pandemic Winners, the Boom Is Over. Growth is slowing for some businesses, adding to challenges as they deal with rising costs and supply constraints (Wall Street Journal) • Is the End Near for U.S.- Listed Chinese Companies? Probably, Says Carson Block The short-seller argues...

1h

Delta Variant vs Inflation

Source: Deutsche Bank   A couple of weeks ago, we discussed The Economic Risks from Anti-Vaxxers. It was a deep dive into the risks to the economic recovery presented by those who for a variety of reasons (most of which are nonsensical) refuse to get jabbed. That view was — briefly — an outlier position. It only took 2 weeks for the danger of the...

14h

10 Tuesday AM Reads

My Two-for-Tuesday morning train WFH reads: • Return to Office Hits a Snag: Young Resisters A generation gap has emerged between them and colleagues who value the workplace over the advantages of remote work. Bridging it may require flexibility. (New York Times) see also Companies that make people return to the office will lose employees The future...

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Crash Prediction Fail Excuses

    My colleague Ben Carlson posted this insightful analysis showing why demographics make for a poor market forecasting tool. Ben runs the Institutional Asset Management in our shop, and he hears all sorts of questions about things like this on a regular basis. There is a broader question that intrigues me: Why are markets themselves so difficult...

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10 Monday AM Reads

My back to work morning train WFH reads: • The Boss Wants You Back in the Office. Like, Now. Companies are starting to summon workers back, though many employees prefer more flexible office schedules (Wall Street Journal) • Stock Bulls Look Toward $17 Trillion Burning a Hole in Pockets Among all the economic stories of the pandemic, the one about...

2d

Transcript: Brian Deese, NEC Director

     The transcript from this week’s, MiB: Brian Deese, NEC Director, is below. You can stream and download our full conversation, including the podcast extras on iTunes, Spotify, Stitcher, Google, Bloomberg, and Acast. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ RITHOLTZ: I know I say it every week, but...

2d

The Algo is in Control

Amazing video from the Wall Street Journal on how TikTok’s algorithm figures out your desires and sends you down the rabbit hole. They did this by creating dozens of automated accounts that watched hundreds of thousands of videos to reveal how the social network knows you so well. I first began hearing about this with Stock TikTok. It sends you down...

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10 Sunday AM Reads

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • More Variants Are Coming, and the U.S. Isn’t Ready to Track Them The people hunting for mutations want the country to fix its virus sequencing mess. (Businessweek) • The Most Influential Spreader of Coronavirus Misinformation Online Joseph Mercola, an osteopathic...

3d

MiB: Brian Deese, NEC Director

   This week, we speak with Brian Deese, director of the National Economic Council under President Joe Biden, about the administration’s plans to challenge anti-competitive forces across the economy. Deese observes that industry consolidation and market concentration costs the average U.S. family about $5,000 per year. President Joe Biden appointed...

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10 Weekend Reads

The weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat at the pool, and get ready for our longer-form weekend reads: • The We That Didn’t Work at WeWork: Adam Neumann and Masayoshi Son pushed WeWork to new heights as they challenged each other to think big and bet billions. When their relationship unraveled, WeWork did too. (Wall...

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