Huge thanks to the volunteers that are out in force today to hand out free masks -- especially on a day when so many are heading to the beach to escape hot weather and (prematurely) sensing that the worst of Covid-infections/hospitalizations is behind us. Only pro-health behavioral changes will allow as, as a community, to reconcile public health and more normal individual living. #covid #behavioralscience #behavioraleconomics #masks #covid__19 #covid19 …see more
The latest from Bloomberg on the record setting pace of daily Covid-19 cases in Florida. As to other, lagging but more instructive metrics: Hospitalization rates relative to capacity are flashing yellow/red. The change in the mortality rate (which lags even more), while tragic, is less alarming as of now. #covid #florida #bloomberg …see more
Numbers are out. A beat on both relative to consensus expectations: This week's initial jobless claims came in at 1.31 million, down from the revised prior week's 1.41mm; and Continuing claims edged down to 18.06 mm (from a revised 18.76 mm) Bottom line: Right direction but overall levels remain worrisome #economy #employment #jobs #jobless #unemployment …see more
With the FOMC meeting this week, here's The Wall Street Journal 's Nick Timiraos on some of the tricky policy questions facing Federal Reserve officials--this in the context of a policy response that has already significantly outpaced what the Fed has done in past crises. https://lnkd.in/gpyRm6R #economy #federalreserve #investing #equities #assetallocation #fed #markets #investmentmanagement #yields #bonds #interestrates #interestrates #centralbanks …see more
The Financial Times on the reaction of markets in Hong Kong to news that the government of China is considering stricter legislative restrictions. There will be interest in how all this proceeds, not only in terms of reaction in China and Hong Kong but also external reactions (particularly UK/US). #china #markets #economy #hongkong #FT …see more
In a choppy down session, US stocks have entered the last hour of trading having repeatedly failed to consolidate any of the attempted intra-day bounces so far. This makes the close even more interesting to watch, and especially so given what happened yesterday in the final hour. #markets #economy #currency #stockmarket #trading #equities #currency #investing #equities #stocks #investmentmanagement …see more
Also from Bloomberg Markets, consensus expectations regarding Friday's monthly jobs report for the US. Not so long ago--we're talking weeks here--this degree of job destruction would have been unthinkable. Today, it's a lagging indicator given what weekly jobless claims are telling us. #jobs #economy #wages #employment #unemployment #joblessclaims #markets #economics #yields #bonds #bloomberg …see more
US Market Close Among notable developments – stock markets closing higher in the face of awful jobs news isn't one of them (it also happened the last two Thursdays)– is the performance dispersion favoring the NASDAQ . It gained 1.7% today compared to 0.6% for the S&P and 0.1% for the Dow ... increasing what already is considerable out-performace. As detailed in prior tweets and last on CNBC on Wednesday, this should not comes as a huge surprise. It's consistent with actual/forward-looking attributes ("edge") of many virtual-space oriented companies, and most of Big Tech. These attributes are a big plus in both the economic lockdown (journey) and in the post crisis world (destination). #markets #stocks #nasdaq #dow #investing #investors #investmentmanagement …see more
Helped by the Fed, the Dow ended a choppy session 286 points higher (1.2%). The S&P gained the same amount in it's best week since 1974. Also positive, volumes picked up, as did breadth. Yet, rather than reconcile the opposing two camps regarding what the market is telling us (see earlier post), it sharpened the difference in views. #stocks #markets #selloff #investmentmanagement #volatility #equities #yields #centralbanks #forex #stockmarket #investing #fed #federalreserve …see more
Stocks have firmed more on data that the US coronavirus outbreak appears to be stabilizing, reinforcing market optimism based on the earlier data from Italy and Spain. Accordingly, and notwithstanding the tentative nature of all this,Asia/Pacific/US futures are up more than 2%. #coronavirus #us #italy #spain #markets #stocks #asia …see more
The new book of the week is here! This is is a book by David Goggins! Also mentioned Lori Gottlieb 's here too! Tag your friends that need to read this! . . #reading #bookclub #entrepreneurship #lifestyle …see more
I'm feeling really guilty about all the inmail I get on here and how few I reply to. I do read everything that comes in.
IDEAS NEED TIME TO PERCOLATE Inspiration strikes when your brain is at rest. High performance procrastinators use another task or project to stimulate their thinking on all of their projects and tasks.
So excited to introduce four new faces to the Zero to Infinity dream team! I'm always impressed by our community and their desire to give back and pay it forward! Welcome to the team Yvonne Nguyen Hai Truong Lily Lewis Vivian L. ! 💙💙 Keep an eye on out for new episodes later this month featuring our Community Voices on iTunes and LinkedIn videos, and upcoming Facebook Live over in our Facebook Group! 🔴 Thanks for your leadership, Daniyal Malik Laura Lim ! #BeInfinity 🚀 …see more
"Michelangelo approached the craft of sculpting with the humble conviction that a unique and beautiful piece of art already existed within the stone, and his job was only to release it. We think the best mentors approach their art in the same way." This was the introduction from a recent Harvard Business Review article on mentorship (link in the comments section). Thought the article struck many great points, including perception affirmation, behavioral affirmation, cross-gender mentorship, and the Michelangelo phenomenon mentioned above. One takeaway I agreed most with the article is that mentors should never try to impose their own vision on their mentees. Mentors, like skilled artists, should provide the paintbrush aka toolkit for their mentees to paint their own vision, and not draw one for them. I'll be discussing the topic of mentorship, analysis of this HBR article, and more in the first episode of the Zero to Infinity podcast. And later next month, I'll take a deeper dive into the topic of cross-gender mentorship with no other than Janet Balis, a close mentor and Partner at EY! If you haven't already, Be Infinity 🚀 and be part of our newsletter to know when the podcast is coming out next week: www.bit.ly/Infinity-SignUp #GoodMentors …see more
It’s odd people still call them “out of office” emails. The idea our value is linked to a physical place or hours is still so deep rooted and is only slowly being questioned
I don’t understand how a management consultancy company can survive something like this, but you get the sense it won’t even cause them damage. Sometimes I feel a bit bad working in advertising but I’ve never tried to get people addicted to fatal drugs that have causes untold devastation across large parts of the US. …see more
It’s the uncertainty, which is for so many, so crippling. Can’t make any plans in personal life or business, it’s very trying.
It's going to be weird doing my tax return under a President who says not paying income tax is a sign of smartness.
Looking forward to our upcoming B2B Payments Executive Forum and my fireside chat with Visa 's Kevin Phalen ! Full Details: B2BPaymentsEvent.com …see more