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10 Friday AM Reads – The Big Picture

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My end-of-week morning prepare WFH reads:

This 20% Nasdaq acquire doesn’t imply we’re in a brand new bull market: Explosive rallies are literally extra widespread in bear markets (Marketwatch)

What the Nice Mayonnaise Inflation Thriller Can Inform Us About Costs. Measuring value modifications could be fiendishly troublesome and extremely subjective. Mayonnaise is an ideal instance. (Bloomberg)

Is America’s Job Market “Too Good”? Federal Reserve officers need to cut back companies’ demand for staff to place downward stress on wage progress and comprise inflation. But the tempo of hiring remained sturdy as of mid-July. (The Overshoot)

YouTube Nonetheless Reigns as TikTok Surges Amongst Teen Social-Media Customers, Survey Says Greater than a 3rd of teenagers are on social media nearly always, a Pew Analysis ballot finds. (Wall Street Journal)

It’s not simply social media: Cable information has greater impact on polarization: On the subject of echo chambers, TV trumps on-line. (Ars Technica)

Express Content material: Impolite phrases are a relentless, however their capability to trigger offence is in flux. Historians ought to know their flim-flam from their fiddle-faddle. (History Today)

Covid has settled right into a persistent sample — and stays damaging. It could not change anytime quickly: In some methods, Covid is more and more trying like different respiratory infections — gentle in many individuals, however generally extreme in sure high-risk populations. (Stat)

China can’t afford to invade Taiwan Taiwan: Outright escalation would cripple Beijing (UnHerdsee additionally Why Doesn’t China Invade Taiwan? Regardless of Beijing’s rhetoric, a full-scale invasion stays a dangerous endeavor—and officers assume the island could be coerced into reunification. (Foreign Policy)

Olivia Julianna on Gen Z for Change, Fundraising Off Matt Gaetz, and Texas Politics The 19-year-old took on a congressman and raised greater than $2 million for abortion funds. Right here’s what she’s as much as subsequent. (Teen Vogue)

Inside Biden’s sizzling streak, from the poolside to the Capitol: Because the president sought laws that has eluded Democrats for many years, he made a key resolution — to take himself largely out of the combo (Washington Post) however see additionally Darkish Brandon, defined: Not the hero America deserves, however the hero it wants (Slow Boring)

Let’s Freak Out In regards to the New York Mets (In a Good Means): A tormented franchise soars over Atlanta and takes command of the NL East (Wall Street Journal)

You should definitely take a look at our Masters in Business interview this weekend with Ken Tropin, chairman and founding father of Graham Capital Management, a multi-strategy quantitative hedge fund managing $17.2 billion. Beforehand, he was President and Chief Government Officer of hedge fund John W. Henry & Firm, working with such legendary merchants as John Henry and Paul Tudor Jones.

 

Nearly Half of Mortgaged Properties in US Now Thought-about Fairness-Wealthy

Supply: Bloomberg

 

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