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10 Friday AM Reads

The Big Picture

Bloomberg ) • Remote Banking Crisis: Banks tried to kill remote work. Now, remote work is trying to kill banks. In 2021, banks tried to kill remote work. ” In 2023, remote work is threatening to kill banks. .” ” In 2023, remote work is threatening to kill banks.

Banking 157
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10 Friday AM Reads

The Big Picture

Most economic downturns hit lower-income Americans hardest, but this time is different. Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame.

Math 284
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10 Weekend Reads

The Big Picture

KCP Group ). • Your Career Is Just One-Eighth of Your Life : Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. ( She is on various “Most Powerful Women in Finance lists” including American Banker, Crains Rising Stars in Banking & Finance 2020. The Atlantic ). •

Math 307
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Weekly Market Insights – January 8, 2024

Cornerstone Financial Advisory

3,4 This Week: Key Economic Data Tuesday: International Trade in Goods. Source: Investor’s Business Daily, Econoday economic calendar; January 5, 2024 The Econoday economic calendar lists upcoming U.S. Math errors: Simple addition and subtraction mistakes can delay your return. News of unemployment remaining steady at 3.7%

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Transcript: Anat Admati

The Big Picture

It turns out their business model is a little similar to the way the banking industry has managed to capture a lot of regulators and continue to operate fairly freely without this sort of regulation and capital requirements and equity requirements that would make banking safer. I was good in math and I love the math.

Banking 201
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Emotional swings continue as the FOMC meeting looms

Nationwide Financial

The curve, however, continues to project cuts to the rate beginning next May, which seems optimistic given the tone of Fed officials and the math around getting inflation back close to their 2% target. The Bank of England postponed its meeting where a rate hike was expected following the death of Queen Elizabeth.

Retail 52
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Transcript: John Hope Bryant

The Big Picture

I had an economics lesson, I had a life lesson, I had an epiphany, I had a race relations lesson, I had a self-esteem and confidence lesson. Being broke is economic, but being poor is a disabling frame of mind, a depressed condition of your spirit. It’s home economics class, doesn’t exist anymore. RITHOLTZ: Right.

Banking 144