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Sunday links: policy blunders

Abnormal Returns

wsj.com) Revolut now has a UK banking license. vox.com) Work Research on how race, class and location affect economic mobility in the U.S. nytimes.com) The number of Americans earning the minimum wage keeps shrinking. ft.com) The economic schedule for the coming week. (allstarcharts.com) It's not just the U.S.

License 289
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Sunday links: too many theories

Abnormal Returns

institutionalinvestor.com) Amazon Amazon ($AMZN) is increasing the number of same-day shipping options. npr.org) Occupational licensing is out of control. theatlantic.com) Economy Menzie Chinn, "Strong labor market, spending and income numbers all suggest no recession in place yet."

Ethics 243
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10 Monday AM Reads

The Big Picture

You can build a record when in terrible years you’re up zero to five (per cent) and then throw a couple of 50s and 60s and the numbers look pretty good over time … ( Financial Times ) • The Line Is Blurring Between Remote Workers and Tourists : Economic development has fundamentally changed.

Math 288
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10 Thursday AM Reads

The Big Picture

Everyone is looking at the same set of numbers and somehow coming to opposite conclusions. Washington Post ) but see also One plausible explanation for this too-good-to-be-true economy : The most plausible explanation of all is that the pandemic and subsequent recovery were so unusual that the normal rules of economics don’t apply.

License 147
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The Blockchain Promise is Always Around the Corner, IBM and Maersk Scrap Efforts

Mish Talk

As well as IBM and Maersk, the project had support from a number of carriers, customs organisations, banks and transport providers to create an information ecosystem. The article is licensed under a Creative Commons Attribution 4.0 International License. I made no changes to the snips. There is much more in the article.

License 219
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Transcript: Ron Shaich, Au Bon Pain, Panera Bread & CAVA

The Big Picture

So, so those numbers are astonishing. And there was a number that were actually in that business. 00:09:05 [Speaker Changed] So you licensed the spot. You know, and, and, and so we expanded into a number of different other businesses. I mean, it was the number one diet in America, right? Welcome to Bloomberg.

Food 130
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Weekly Market Insights – November 20, 2023

Cornerstone Financial Advisory

1,2,3 Stocks March Higher A better-than-anticipated consumer inflation number on Tuesday sent bond yields sharply lower, igniting a powerful, exceptionally broad-based rally that saw 91% of all New York Stock Exchange volume advancing in price and a similarly substantial advance (85%) on the NASDAQ. FOMC Minutes. Jobless Claims.

Marketing 105