10 Monday AM read – big picture

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

A Etherium mining is leaving, and miners are not happy The shift from proof-of-work to proof-of-stack will drastically reduce power consumption এবং and leave the search for some expensive technology for new uses. (Business Week)

A The assembly of the stock market is real. It is still a bear market. Even bear markets get bounced The stock market had a great week, and for the first time in a long time, the rally seemed to last. The Dow Jones Industrial Average DJIA rose 5.4%, the S&P 500 rose 6.4%, and the Nasdaq Composite rose 7.5%. (Baron) See more How to start investing, even in a beer market The immediate outlook is deadly, but low-cost funding that can help you improve in the long run by tracking the entire market, our columnist says. (New York Times)

A When bonds do not hedge stocks For the first time in decades, bonds have not secured balanced portfolios. What do you do? (Dry stars)

A Sound Money: BandCamp, Neil Young Derivatives and the Financial Imagination of Music Production. (Balloon)

A Open secret of Google search One of the most used tools on the Internet is not what it used to be (Atlantic)

A How Coved Tracking Apps Are Pivoting For Commercial Profits: In the early days of the epidemic, the government-backed public health app gained millions of users — a ready-made audience developers eager to tap. (Wire)

A Audio leaked from 80 internal tick-tack meetings shows US user data repeatedly accessed from China “I think with these tools, almost everything has some backdoor for accessing user data,” said an external auditor hired to help TikTok block Chinese access to sensitive information such as Americans’ birthdays and phone numbers. (BuzzFeed News)

A The goal of a regional rail plan is to revive commuter trains in New York London, Paris and Berlin all have regional rail systems that serve the entire metro area. A transit advocacy group asks: Why not New York City? (Bloomberg)

A China’s ‘very dangerous path’ Communist rule has always been brutal, but it was at least conceivable and practical in its own way. No more. (Atlantic)

A ‘Loot’ Review: Maya Rudolph in .001 percent. In this Apple TV + comedy, two “Parks and Recreation” veterans, a woman embarks on a self-discovery journey with a budget of $ 87 billion. (New York Times)

Be sure to check out our Masters in Business interview with Jonathan Miller this weekend to discuss real estate, home sales, rent and whether cities are dead. Miller is the CEO and co-founder of Miller Samuel, whose real estate-related data and analyzes have become the norm for the residential real estate appraisal and brokerage industries.

During high inflation (1940s and 1970s) nominal earnings growth often held up well.

Source: @ Timorfidelity

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