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On The Move
January 22, 2024 | American workers are getting antsy. About 85% of 1,000 U.S. professionals polled in a new LinkedIn survey say they’re considering changing jobs this year, up from 67% a year ago. About 90% of Gen Z workers — in their early and mid-20s — and 92% of millennials are considering a job change in 2024.
Coffee Powerhouse
January 21, 2024 | Two part-time baristas in Seattle meet at a dive bar, become best friends, move to Philadelphia, and open a one-off coffee shop in a run-down area of the city. That doesn’t sound like a path to a $900 million coffee brand, right?
New Beginnings
January 20, 2024 | Rates might be headed back down, but housing affordability isn’t getting any better.
The Great Inversion
January 19, 2024 | Tom Cruise may have been inverted in Top Gun, but the Treasury yield curve probably won’t be for much longer.a
Force Multiplier
January 18, 2024 | A program meant to accelerate the transition from fossil fuels is helping put cash in renewable energy companies’ pockets by selling tax breaks to corporate giants like JPMorgan.
Crowded Trade
January 17, 2024 | In Bank of America’s surveys of investment fund managers since 2017, U.S. tech stocks (aka “Magnificent Seven”, big tech, Nasdaq, FAANG, etc.) have frequently been reported as the “most crowded trade” in markets.
Space Farming
January 16, 2024 | Our Chart of the Day (in the section above) shows that Chinese growth remains a top concern for the global economy.
MLK’s Call for Economic Justice
January 14, 2024 | Martin Luther King Jr. isn’t often remembered for his critically important, passionate message to redistribute wealth. But the Civil Rights leader urged political leaders and the community to end economic disparities, mitigate poverty, and improve education. He knew that to improve equality and foster peace, the economic and wealth systems had to improve, too — both for Black and white Americans.
Could’ve Been A Trillionaire
January 13, 2024 | 24 years ago today, Bill Gates stepped down as Microsoft’s CEO after co-founding the company in 1975.
