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My end-of-week morning prepare WFH reads:
• What the US acquired proper that Europe didn’t: America’s post-pandemic restoration has left Europe within the mud. (Monetary Occasions)
• The Land The place Inflation Is Good Information: Meals and vitality worth will increase triggered by the pandemic and the Ukraine struggle are serving to finish the lengthy, bleak period of Japanification. (Wall Road Journal)
• The Actual Purpose So Many Asset Managers Are Struggling in China: The world’s second-biggest economic system has its personal guidelines of engagement. “You’re not going to alter them. It’s important to settle for what they’re and discover methods to adapt what you are promoting.” (Institutional Investor)
• Six Months In the past NPR Left Twitter. The Results Have Been Negligible: The numbers affirm what many people have lengthy suspected — that Twitter wasn’t well worth the effort, at the very least when it comes to site visitors (Nieman Reviews) see additionally Twitter Was for Information: Elon Musk retains discovering creative methods to destroy the one factor his social community was nice for. (Slate)
• OpenAI Is A Lot Extra Susceptible Than You Assume: All of the press, cash, and awards on the planet gained’t forestall OpenAI from the chilly actuality of competitors. (Huge Know-how)
• The $2 Million Coal Mine That May Maintain a $37 Billion Treasure: Wyoming discovery might be America’s first new supply of rare-earth parts since 1952. (Wall Road Journal)
• Electrical Planes, As soon as a Fantasy, Begin to Take to the Skies: How a small aircraft’s 16-day journey from Vermont to Florida would possibly foreshadow a brand new period of battery-powered air journey lengthy thought of implausible. (New York Occasions)
• Dietary tips might quickly warn towards ultraprocessed meals: The rules may change the way in which Individuals view diet by specializing in how their meals is made and what occurs to it earlier than they create it dwelling. (Washington Submit)
• The unmasking of the narcissistic, conspiracy-spreading baby-boomer rock star: “As of late they’re simply peddling nostalgia,” this particular person mentioned, “together with the loopy stuff.” (Los Angeles Occasions) see additionally Why We Idolize Assholes: The asshole is the archetype of our time. That’s not a coincidence. (Fatherly)
• Danny DeVito Has By no means Heard the Time period “Brief King” A protracted dialog with the legend about returning to the stage, being in a grandpa chat with Bruce Springsteen, and dealing with Arnold Schwarzenegger once more. (GQ)
Remember to take a look at our Masters in Enterprise subsequent week with Linda Gibson, CEO of PGIM‘s Quantitative Options, which manages $119 billion through quantitative and multi-asset options. PGIM is among the world’s largest asset managers, working $1.27 trillion in shopper property.
Is that this bond bear market actually worse than the Nineteen Seventies?
Supply: FT ALphaville
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