The Big Picture
JUNE 3, 2023
This week, we speak with entrepreneur Ramit Sethi, who is the founder and chief executive officer of the online education platform I Will Teach You to Be Rich (IWT ), which attracts more than 1 million readers a month. Sethi is also the host of the Netflix series “ How To Get Rich ,” which is based on his New York Times bestselling book “ I Will Teach You to Be Rich “; he also hosts a podcast of the same name.
Calculated Risk
JUNE 3, 2023
At the Calculated Risk Real Estate Newsletter this week: • Case-Shiller: National House Price Index Increased 0.7% year-over-year in March • Inflation Adjusted House Prices 4.2% Below Peak • Freddie Mac House Price Index Increased Slightly in April; Up 0.3% Year-over-year • Lawler: Census Finally Releases 2020 Census Demographic Profile and Demographic and Housing Characteristics File • Year-over-year Rent Growth Continues to Decelerate This is usually published 4 to 6 times a week and provides
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The Big Picture
JUNE 3, 2023
The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Adidas After Yeezy : The partnership with Ye, formerly known as Kanye West, was the stuff of sneakerhead legend—and its demise has the shoe company scrambling to replace nearly half of its profits. ( Businessweek ) • VC Contagion Is Venture Capital Killing Itself?
Calculated Risk
JUNE 3, 2023
The key report scheduled for this week is the April trade balance. -- Monday, June 5th -- 10:00 AM: the ISM Services Index for May. The consensus is for a reading of 52.5, up from 51.9. -- Tuesday, June 6th -- 8:00 AM ET: CoreLogic House Price index for April. -- Wednesday, June 7th -- 7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. 8:30 AM: Trade Balance report for April from the Census Bureau.
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Abnormal Returns
JUNE 3, 2023
EVs There is an inherent tension between EV size and road safety. (msn.com) VW is using the Scout brand to enter the U.S. EV market. (wsj.com) EV charging is getting better, but still has a ways to go. (msn.com) Energy Why the state of Texas is turning against renewable energy. (wsj.com) How heat pumps are going industrial-scale. (bbc.com) Water Some planned housing developments in Arizona are being halted due to a lack of groundwater.
Random Roger's Retirement Planning
JUNE 3, 2023
Barron's has a close look at three options to "fix" Social Security. The article touches on ideas we've been talking about here and other places for many years. A point I made in the last few weeks was that it's a good bet that whatever ends up getting done will be unpopular in that large swaths of people will feel like the fixes are unfair. This post is sort of a list of points that I thought were noteworthy and wanted to expand upon or otherwise weigh in.
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