10 Wednesday morning reading-big picture

10 Wednesday morning reading-big picture



My morning in the middle of the week train WFH wrote:

What could go wrong?These are the biggest economic risks in 2022 Economists have been working hard to look forward to the future of the pandemic. They are optimistic about next year, but it is easy to be deceived again (Bloomberg)

Is secret sales the best way to sell a house? Over-the-counter transactions, where houses have never been publicly listed, are the preferred way for many ultra-high-end or privacy-conscious sellers to enter the market, but they may leave a lot of cash (Wall Street Journal)

NFT explained: why people spend millions of dollars on JPEG People spend millions of dollars for some reason, no matter how strange it seems. (The internet)

The era of financial misinformation. Because dissemination of financial information has never been easier, and has never been so difficult to check. But this is only the tip of the iceberg of financial misinformation. Because the problem is not only incorrect information, but also misunderstood information. For example, I tweeted this chart from Bloomberg last week, showing how this year’s net equity flow exceeded the total inflow of the past 19 years. (USD and data)

Q&A: Michael Batnick on why Ritholtz Wealth Management is building an encryption index Ritholtz Wealth Management is designing an access point for consultants that can invest not only in Bitcoin, but also in altcoins and Metaverse. (Wealth management)

The anti-inflation bill you didn’t know The overwhelming bipartisan effort will eventually hit the shipping cartel. To find the root cause, you must go back to how ocean carriers use their concentrated power to exploit anyone who wants to ship goods anywhere. As Matt Stoller explained last month, for most of the 20th century, the shipping industry was regulated as a public utility, of course because the rapid introduction of goods to the market made us all People benefit. (U.S. prospects)

The corner store is the new favorite of the global technology industry The $1 billion effort to turn these humble shops into small technology centers has just begun. (Atlantic Organization)

New brain maps can predict behavior: The rapid development of large-scale connectomics has begun to highlight the importance of individual differences in neural circuits. They also emphasized the limitations of a separate “wiring diagram”. (Quanta Magazine)

Unvaccinated Covid patients push the hospital system to the edge The health system locked down by Covid patients will have consequences. There are still strokes, heart attacks and accidents. People who are not vaccinated are not only killing themselves, they are killing others because they occupy scarce emergency room/intensive care unit beds. Hospitals in the state are full, and transfer to other hospitals is almost impossible. (Bloomberg)

Basketball’s Stephen Curry broke the NBA’s three-pointer record Curry scored three goals for the 2,974th time in his career, becoming the leader in league history. This is how he entered history. (Wall Street Journal)

Be sure to check our Master of Business interview This weekend with a former Wall Street Journal reporter (now the New York Times) and co-author (with Elliott Brown) this book”Adoration of us: WeWork, Adam Neumann and the great entrepreneurial illusion. “

Covid winner: short-lived, or the new normal?

source: Financial Times

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