10 Friday reads – the big picture

Economy / May 28, 2022 / DRPhillF / 0

My weekend morning ~~Train~~ WFH reads:

• The technological path is not only cyclical, but also a good and late gain A market crash is not just an inevitable consequence of macroeconomic forces such as rising interest rates and inflation. It’s also the best opportunity in more than a decade to appreciate the tech industry’s surplus. (working week)

• Marx: bull market rhymes There are recurring cycles, ups and downs, but the course of events is essentially the same, with slight differences. It has been said that history repeats itself maybe that’s not quite right, it just rhymes. (Oaktree Capital)

• Wealthy investors pile into private equity to escape stock volatility Fund managers say retail investors are pushing money into private markets as public markets falter (Wall Street Journal)

• They spent a fortune on pictures of monkeys and cats. Do they regret it? The digital collectibles market is constantly changing, which has led investors to consider the value of artwork truly. (Washington Post)

• Major American cities lost more residents with the outbreak of the Covid-19 pandemic The total populations of San Francisco and Chicago are approaching 2010 levels. (Wall Street Journal) see also These are the best and worst work-life balance cities New research rates cities in terms of livability, labor intensity, and social services. (Chase)

• Bad Economics: How Not to Think Like an Economist: How microeconomic thinking has taken over the very institutions of American governance. (Boston review)

• Ideas to Boost Japanese Growth (Part 1) Fixing a failing company culture is an important part of the story of Japan’s declining GDP, and I’ll talk about ways to address it. But it’s just part of the puzzle. In today’s article, I would like to list some of the steps I believe Japan can take to promote growth beyond reforming corporate culture. Follow Favorite

• How digital transparency has become a force of nature: There is no safe secret in the digital age. The Implications for Our Institutions are explicitly Darwinian (Scientific American)

• Trump tells allies his abortion record could hurt his chances in 2024 Trump fears that by laying the groundwork to overturn Roe v. Wade, he has angered “suburban women” and given his enemies a chance, Rolling Stone sources report. (rolling rock)

• Why is “Bob Burger” so popular? this person. Lauren Bouchard’s episodic career as a comedy mogul has brought his family’s TV show to the big screen. (The New York Times)

Be sure to check out our MBA program next week with Adam Parker, founder of Trivariate Research. Previously Head of Research at Sanford C. Bernstein, and a #1 Quantum Analyst, before becoming Head of US Equity Strategies and Director of Global Quantum Research at Morgan Stanley. As a member of MS’s Global Investment Committee, he helped oversee $2 trillion in private wealth.

Investing during stagflation: What happened in the 1970s

Source: Jim Reid, Deutsche Bank