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Sunday links: policy blunders

Abnormal Returns

wsj.com) Revolut now has a UK banking license. nytimes.com) The number of Americans earning the minimum wage keeps shrinking. ft.com) Economy The case for the Fed to cut rates. wsj.com) How the post-pandemic economy is messing with the Sahm Rule. (allstarcharts.com) It's not just the U.S.

License 290
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Sunday links: too many theories

Abnormal Returns

institutionalinvestor.com) Amazon Amazon ($AMZN) is increasing the number of same-day shipping options. npr.org) Occupational licensing is out of control. theatlantic.com) Economy Menzie Chinn, "Strong labor market, spending and income numbers all suggest no recession in place yet."

Ethics 243
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10 Monday AM Reads

The Big Picture

The Federal Reserve is struggling to cool inflation further without damaging the economy. Quanta Magazine ) • Why More Americans Are Using Fake License Plates and Getting Away : With It The old system of traffic control is breaking down. My back-to-work morning train WFH reads: • The Fed Has No Good Options. The easy part is over.

Math 288
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10 Thursday AM Reads

The Big Picture

Carson ) • Don’t believe what anyone says about the economy. Everyone is looking at the same set of numbers and somehow coming to opposite conclusions. Bloomberg ) • Bosses want to pay you more but give you less : A growing number of workers are going freelance, taking higher wages over benefits and job security. ( Including me.

License 147
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10 Monday AM Reads

The Big Picture

My back from vacay morning reads: • Pandemic Start-Ups Are Thriving, and Helping to Fuel the Economy : A record surge in new businesses has helped drive job growth, and could have longer-term benefits. ( Cutter has put-up impressive numbers since its 2022 launch, and now manages more than $500 million in institutional assets.

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Transcript: John Hope Bryant

The Big Picture

And he’s really moving the needle in terms of having people take control of their own financial life in a way that benefits not just them but the entire economy and all of society. They’re an underground economy because they don’t trust the mainstream economy. Number one, a school district is a business.

Banking 147
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How to Determine Your Client’s Risk Capacity

BlueMind

However, risk capacity is a numbers game. Hardly: don’t forget the unexpected and shocking financial crisis of 2008 in the United States which crippled the economy. Furthermore, it can reduce the number of hours you work and give you a chance to maintain a healthy work-life balance.