10 Thursday AM read – big picture

My morning The train WFH reads:

A Fed preceded the Everything Bubble It is difficult for investors to escape. But not every investment is disclosed equally to the Fed. (Wall Street Journal)

A Gently increase your exposure during the beer market: We’ve been in the bear market for a while now but haven’t reached the technical definition of a 20% peak-to-true drawdown on the S&P 500 … until yesterday. This is now the 13th fall of 20% or worse since World War II: (A Wealth of Common Sense) See more Beer markets and recessions happen more often than you might think The United States has been in recession 14 percent of the time since World War II. But being prepared can reduce the hassle and even provide investment opportunities. (New York Times)

A Preventing inflation is hurting The economy will feel bad before it gets better. (Vox)

A Why aren’t we buying stock dips 1. Increase the risk of falling off profits; 2. Equities have never been so cheap; 3. Increasing risk that the Fed is too tight (blackrock)

A Fearless distributors cling to catastrophic cryptocurrencies Companies put their footholds on Bitcoin and others in the slides of the epic market. (Chief Investment Officer)

A Bernanke: Inflation is not going to bring back the 1970s: Although inflation was very unpopular in the 60’s and 70’s, as it is today (understandable), any tendency of the Federal Reserve to fight inflation by raising interest rates, which could slow down the economy and increase unemployment, faced stiff political resistance. President Lyndon Johnson, in an attempt to keep the public from the economic costs of an unpopular war, put intense pressure on Fed Chairman William McChesney Martin to keep interest rates low. (New York Times)

A Big idea: Can the greatest work of literature be undiscovered? Only a fraction of the world’s story survives. Can we be missing? (Parent) See more A new way to choose your next book : Most books are sold online, where it is impossible to replicate the browsing experience in a brick-and-mortar store. The goal of the book-discovery app is to change that. (New York Times)

A For Ukrainian soldiers, a requirement arises: Javelin customer service Strong anti-tank weapons have come as a symbol of US involvement in Ukraine, but critics say the Pentagon lacks support services. (Washington Post)

A Why is Biden getting more bipartisan legislation than anyone expected? I was skeptical that he would be able to persuade Republicans to support anything. I was confused. (New York Magazine)

A How David Bowie’s Jiggy Stardust redefined stardom Released this month 50 years ago, Bowie’s seminal album introduced the world to a transformative ego that left an indelible mark on music and pop culture. (Wall Street Journal)

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.

Barcap US Corporation 10 years vs. worst spread result

Source: John Rock

Sign up here for our read-only mailing list.


To find out how these readings come together every day, See this.

Print friendly, PDF and email

Leave a Reply

Your email address will not be published.