10 Monday AM read – big picture

I returned to work in the morning The train WFH reads:


A Worst year on the stock market If the year ends today, the Great Depression will be the 7th worst calendar year return for the U.S. stock market right before 2022. (Common sense resource)

A The stock market is a voting machine: “Income raises stock prices.” It is one of the oldest maxims of investing. As earnings rise or fall, stock prices are said to move higher or lower by a consistent amount. But how does this actually work? (Compound)

A Returning from products to services that were not: Pre-epidemic Americans spend about 36 percent of their income on products, says Chris Rogers, supply chain economist at Flexport. By early 2021, with millions confined to their homes, that number had risen to nearly 42 percent. Q pandemonium in many major ports of the world. (FT Alphaville)

A A $ 60 billion crypto collapse reveals a new kind of bank run: Terra Coin was supposed to be the future of money. But they relied on self-confidence যা something that could be lost in an instant. (Bloomberg) See more Crypto may have an internal trading problem Anonymous Wallets buy tokens just before they are listed and sell them shortly afterwards (Wall Street Journal)

A With global markets shaking, investors’ attitudes towards China range from exaggerated to extremely cautious“It’s important to distinguish between what happened to Russia and what could happen to China,” said Andy Rothman, chief investment strategist at Matthews International. (Institutional Investors)

A Air conditioning paradox How can we keep people cool without heating the planet? (Vox)

A Ukraine Endgames 2.0: Can both sides ‘win’ this war? Russia’s mistakes, Ukrainian resilience and NATO support have narrowed options on how to end the conflict. (Grid)

A A long, misguided attempt at the right to claim for themselves the greatest iconoclast of comedy George Carlin’s anti-authoritarian debate went viral across the political spectrum, but where did he actually stand? (Slate)

A Aristotle went to Hollywood Today, the ancient Greek storyteller will win an Oscar. How to learn, go to Poetics, his masterwork on writing (Aon)

Don’t forget to check out our Masters in Business interview this weekend. O’Reilly, co-chief executive officer and chief investment officer at Dimensional Fund Advisors, which manages $ 650 billion in client assets. Previously, he was head of research at DFA, managing the firm’s rigorous approach to interpreting, testing, and applying research to portfolios.

Eight companies are being blamed for nearly half of the stock market crash this year

Source: The Wall Street Journal

Sign up here for our read-only mailing list.

Print friendly, PDF and email

Leave a Reply

Your email address will not be published.