I go back to work in the morning train WFH wrote:

• In the Tarantino market, the hottest stocks are quietly being killed The turbulence beneath the surface of the S&P 500 is reminiscent of the quantitative crisis. (Bloomberg)

• 95% of the time the market is in a retracement state. One in five stocks has fallen 20% or worse from a 52-week high. One in eight stocks fell 30% or more from a 52-week high, and more than 6% of stocks fell 50% from a one-year high. (A wealth of common sense)

• Elon Musk needs China. China needs him.Complex relationshipIn order to attract Tesla, the government rewrote the rules of foreign auto business, but now, the company is entering a more bumpy situation (Wall Street Journal)

• Wall Street wants to sell an index just for you The largest asset management companies see customization—a combination of passive and active—as the future of investment. Or maybe this is just the latest way to make money. (Work Week)

• Every time I think that inflation cannot be made stupid, I have been proven wrong Corporate greed. Cancel an oil pipeline that does not yet exist. A secret conspiracy to cancel Halloween. Every time I think that inflation cannot be made stupid, I have been proven wrong. To be fair: the forces behind inflation, like many economic problems, are complex. Economists cannot fully explain what determines current pricing behavior and inflation expectations in the real world, let alone accurately predict where prices will fall in a few months. The new wave of the pandemic is of no avail. (Washington post)

• The surprising shift in rain patterns in the U.S. Think your area has more rainfall than usual? You may be right. Think your area has less rainfall than usual? Again, you may be right. The monthly data of the National Oceanic and Atmospheric Administration for 126 years shows the annual precipitation of 344 climate zones + the daily precipitation data of weather stations to measure the changes in the frequency of extreme rainfall events across the United States from 1951 to 2020. (USA Today)

• U.S. gambling addiction is shifting: When life feels so unstable, it is natural to roll the dice on almost everything. (Atlantic Organization)

• Want to fly a private jet instead of “flying shame”?Try to call a car Despite increasing concerns about environmental costs, the epidemic has triggered a boom in the private aviation industry. On-demand services can feed the company and the rich. (Wall Street Journal)

• Can Covid bring progress?Collective tragedies sometimes have unintended consequencesDuring the outbreak of the epidemic in 1918, most people alive were born in the 19th century. People who died from infection at that time were very familiar with it. It was normal for one-third of children to die from disease. For them, the mechanized massacre of World War I, including fighter jets, machine guns, and chemical weapons, was a phased change in the history of human violence. (New York Times)

• You know the Beatles.These are the other 16 important names in the epic “Return” seriesAs you complete the “return” process, here are some introductions to the characters not named John, Paul, George, and Ringo. They played a key role in the 21-day shot in January 1969. This is a The creative and turbulent period led to the band’s last album “Let It Be”. (Washington post)

Be sure to check our Master of Business interview This weekend with John Doerr of Kleiner Perkins. Doerrr supports some of the most successful technology startups, including Compaq, Netscape, Symantec, Sun Microsystems, Amazon.com, Intuit, Macromedia, and Google.He is also the author of a best-selling book Measure the important things; His latest book is Speed ??and scale: an action plan to immediately resolve the climate crisis.

The wages of the lowest income earners in the U.S. are increasing at the fastest rate since the global financial crisis

source: Peterson Institute for International Economics

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