The morning of my return to work
the train WFH reads:
• When does the bear market end? As with many things in the market, there are no hard and fast rules for such things, especially in real-time. See the 2008 scenario as an example. The S&P 500 peaked in early October 2007 and bottomed in March 2009. On a value-only basis, the index did not reach its 2007 high again until March 2013: (Wealth of Common Sense)
• How remote work is shifting population growth across the United States New county-level population growth data reveals that 2021 marks a clear break from past trends, not a continuation of them. Growth patterns are consistent with remote work being an important driver of population decline in densely urban counties. Further, the narrowing gap between urban and suburban home prices suggests that a significant portion of this urban exodus is driven by permanent, not temporary, epidemic-related factors. (Economic Innovation Group)
• Is private credit a bubble, or a little froth? The asset class has exploded in popularity over the past two decades — but that doesn’t mean it’s about to blow up, argues our columnist. (Institutional Investor)
• Emergence of side startups: Remote workers are starting new businesses behind their bosses’ backs (Vox)
• Why charging a car needs to be as easy as filling up with gas: Long queues and buggies raise concerns for electric car owners. (Bloomberg) see more The Great American Road Trip is impossible for most electric cars. Of the 11 most popular road trips determined by AAA, four stretch at least 200 miles between public fast-charging stations. (Bloomberg)
• The search for an AC that doesn’t destroy the planet: AC is almost a century old. What next? (recode)
• 100 Tips for a Better Life: You can improve your communication skills through practice much more effectively than you can improve your intelligence through practice. If you’re not that smart but can communicate ideas clearly, you have a great advantage over everyone who can’t communicate clearly. (less wrong)
• How a Phoenix record store owner set the audiophile world on fire: MoFi claims that its expensive reissues are purely analog reproductions. It has been cheating customers for years. (Washington Post)
• How American spaceflight entered its era of compromise: Looking back at the shuttle program at 50. (slate)
• How the ‘field of dreams’ turned Iowa into a baseball mecca: They are making it. And they are coming. (Wall Street Journal)
Be sure to check out our Masters in Business interview this weekend with Ken Tropin, chairman and founder of Graham Capital Management, a multi-strategy quantitative hedge fund managing $17.2 billion. Previously, he was at hedge fund John W. Was president and CEO of Henry & Company, working with legendary businessmen such as John Henry and Paul Tudor Jones.
US inflation appears to have peaked but what comes next is debated
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