And, more and more, I hear people saying they’ve just had enough of Zoom.
Why, a renowned professor told me the other day: “If I have to have another bloody Zoom meeting, I swear I’ll scream.” (Zoom is, of course, the generic word that encompasses Microsoft Teams, Webex, and Google Meet too. To their creators’ annoyance.)
It shouldn’t surprise anyone that minutes before Derek Chauvin was found guilty on all counts, a 16-year-old Black girl in Columbus, Ohio, died after being shot by a police officer. This is still America.
If high-profile trials are not curbing the daily shootings of people in this country, maybe high liability insurance premiums will.
Every day three people die as a result of police involvement. That death rate hasn’t even winked at changing, even as our country begins to reckon with the brutal reality of police violence.
It appears that not even a year of protests in the wake of
Sometimes, decades of change can be compacted into a single year. Case in point: the past 12 months. From an investing standpoint, the migration to the cloud, necessitated by COVID-19, sent software-as-a-service (SaaS) stocks to the moon.
But this wasn’t just about business and investing. Black Lives Matter, an assault on the U.S. Capitol, a hotly contested presidential election, and the lingering feeling that we’re standing on the precipice: It all leads us to wonder when the other shoe will drop.
But the greatest threat we face isn’t love, hate, or even China, according to John Hope Bryant, an entrepreneur,
WHEN BOND markets seized up in the spring of 2020 the problem was a shortage of cash. A global dash for dollars caused bond yields, which move inversely to prices, to spike. It sent the greenback soaring in currency markets. And it caused trading in Treasuries, usually the world’s most liquid market, almost to dry up. Today the opposite problem looms: a surfeit of money. It stems from the Federal Reserve’s response to last year’s crisis. The central bank calmed markets by buying vast quantities of bonds with newly created cash, and has continued its purchases,
Stocks have had a turbulent few weeks, but their remarkable resilience—they’ve spent a year powering ever higher in the face of a pandemic—has many investors seeking to press their advantage. “I’ve been fielding more calls from clients saying we should boost risk,” says Peter Princi, a Boston-based advisor with Morgan Stanley’s Graystone Consulting unit and the top-ranked advisor in Massachusetts in this year’s Barron’s Top 1,200 Advisors ranking. “We’re spending a lot of time managing expectations around that.”
Investors throwing caution to the wind can signal the imminent popping of a bubble. Princi and most of his peers say that’s
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