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16 May 2024

The issue with europe:

1) Over-regulation; 2) Too much bureaucracy: 3) Lack of hashtag#innovation. As shown below, Tech champions are lacking. Source: Bloomberg

15 May 2024

New York City now has 349,500 millionaires, more than any city in the world

Over the last decade, the number of millionaires in NYC has risen by a massive 48%. At the same time, in The Bay Area, the number of people with a seven-figure net worth has risen 82% to 305,700, the second-highest worldwide. This surge has been driven by a massive rally in financial markets and real estate prices. Meanwhile, 78% of Americans live paycheck to paycheck, according to the latest Payroll-org survey. The rich are getting richer at the fastest pace ever. Source: The Kobeissi Letter, Bloomberg

15 May 2024

Germans already work much less than others, but German unions and some left politicians are seriously requesting move to four days workweek without pay cut

Source: FT, Michel A.Arouet

15 May 2024

JUST IN: Vanguard appoints Salim Ramji as a new CEO, a former Blackrock’s Bitcoin ETF lead. Earlier, Vanguard refused to offer BTC ETF 👀

Trump now holds a 6.3 point lead on Biden and Republicans are now on top in the generic head to head. From @maximlott at https://lnkd.in/dT6EHQvp thru bespoke

15 May 2024

The true definition of ‘micromanager’ ?

Source: Corporate Rebels

14 May 2024

Life is short.

Source: Seek Wiser

13 May 2024

In case you missed it... In the FT yesterday... "Slowbalization" and East-West divide in the making... 100% tariffs on EVs, wow.

Or is it just about US refusing globalization on industries they can just not compete?

10 May 2024

Bruce Lee Said:

Source: Seek Wiser

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