10 Friday AM Read – Big picture

The last morning of my week The train WFH reads:

A The Fed’s policy has been wrong A recession is all but certain. But does it turn into a recession? Did it turn into a deeper recession than expected? Does it spread to the credit market and cause a debt default? (Pragmatic Capitalism)

A Late Guide to Crypto Crashing – A Quick Map of Where We Are and What’s Ahead: The whole crypto space has been a jumble of interconnected time bombs for months now, with companies finding new ways to support each other and becoming more interdependent. (Amy Castor) See more Crypto is melting. Who hit here: If you are an investor in stocks or bonds, these days are destructive. But things can get worse: You can keep your money in crypto. Bitcoin, one of the leading crypto assets and well-known to lepersons, has lost nearly 70% of its value since November 9, when it reached $ 69,000. (Los Angeles Times)

A When the Lamp Turns on: How Pixar Went From Experimental Studio to Commercial Gambling From George Lucas stewardship to Steve Jobs to Mickey Mouse, Pixar’s story is marked by breakups, risk-taking, and merely creative flair (The Ringer).

A PGA Tour vs. LIV: How Saudi Arabia’s Money ignited a Golf War A new Saudi-backed series has rocked the golf world, but with players forced to raise questions about Jamal Khashoggi, it has not been without controversy. (Middle East Eye)

A What money can not buy. Some things don’t have price tags. (Young money)

A How Fandom created the Internet as we know it, with Kaitlyn Tiffany: Her New Book on the Long History of the Fangirls, From the Beatles to One Direction (The Verge)

A Why chemists can’t leave the palladium: A withdrawn paper highlights the chemistry’s history of trying to avoid expensive, toxic – but necessary – catalysts. (Nature)

A A ragtag band of hackers is waging a cyber war on Putin’s supply line In Belarus, opposition to President Alexander Lukashenko is derailing Russia’s war against Ukraine. (Business Week)

A On his 100th birthday, the Lincoln Memorial still marks a divided nation A simple, epic day in Washington’s most visited monument (Washington Post)

A The Celtics should be on the way to the title. But that Stephen Curry. Now, the Boston Celtics Should have won. If basketball is a genius, where the best team always wins, Celtics will take Game 5 and a 3-2 series. (Washington Post)

Be sure to check out our Masters in Business this week with Dr. Charles Strom, who has been leading the way in genetic testing for more than 3 decades, leading forensic tests for criminal forensics and paternity appeal. He has spent 16 years at Quest Diagnostics, as medical director for genetic testing, and has dramatically expanded the company’s range of diagnostic tests. Currently, he is the CEO and co-founder of Liquid Diagnostics.

The latest beer market on Wall Street may be here for a while

Source: Bloomberg

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