May 7, 2018

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Perspective

Economist - Remittances 4/26

Visual Capitalist - A World of Languages - Iman Ghosh 5/5

WP - America is more diverse than ever - but still segregated - Aaron Williams and Armand Emamdjomeh 5/2

Worthy Insights / Opinion Pieces / Advice

A  Wealth of Common Sense - Schrodinger's Portfolio - Ben Carlson 4/29

Bloomberg - The Return of the Brick-and-Mortar Store - Conor Sen 5/1

Economist - In China's cities, young people with rural ties are angry 5/3

Economist - Behind the teacher strikes that have roiled five states 5/3

Economist - Where will the next crisis occur? - Buttonwood 5/3

Mauldin Economics - Us vs. Them - Ian Bremmer 4/25

Pragmatic Capitalism - Three Things I Think I Think - China, Tesla And Weird Stuff - Cullen Roche 5/4

Markets / Economy

FT - Argentina stuns markets as it pushes interest rates to 40% - Cat Rutter Pooley, Adam Samson, and Roger Blitz 5/4

NYT - A Fast-Food Problem: Where Have All the Teenagers Gone? - Rachel Abrams and Robert Gebeloff 5/3

WSJ - Apple Allays iPhone Worries, Adds $100 Billion to Buyback Plans - Tripp Mickle 5/1

  • I count $300 billion in total dividends since 2013…geez.

  • If that wasn't enough…

Real Estate

BI - Uber and Lyft are changing where rich people buy homes - Sarah Jacobs 5/3

  • "A report released this week from MetLife Inc.'s asset-management business confirmed that the premium cost of apartments near public transit has begun to decline due to services such as Uber and Lyft."

FT - Priced out of the American dream - Sam Fleming 5/2

Health / Medicine

Bloomberg Businessweek - Silicon Valley Wants to Cash In on Fasting - Tom Giles and Selina Wang 4/24

Automotive

FT - UK to ban most hybrid cars, including Prius, from 2040 - Peter Campbell and Jim Pickard 5/4

  • Nothing formalized at this moment, just be aware of the direction of this effort.
  • "Hybrid cars that rely on traditional engines, such as the Toyota Prius, would be banned by 2040 under clean-air plans being drawn up by the UK government that would outlaw up to 98% of the vehicles currently on the road."
  • "Three people involved in the decision-making process said the proposed rules would limit new car sales to those that can travel at least 50 miles using only electric power."
  • "The change would outlaw more than 98% of the vehicles currently sold in Britain and require manufacturers to switch to vehicles predominantly driven by batteries — though they might be able to have petrol engines for back-up or support."

South America

FT - Venezuela's oil decline reaches new depths - John Paul Rathbone 4/30

  • "In addition to hyperinflation and a $70bn bond default that has cut off the country from fresh finance, the drop in oil production to 30-year lows has slashed government revenues, making it ever harder for Mr Maduro’s regime to import basic necessities and deploy the patronage he needs to maintain military and political support."
  • "Caracas has also alienated key allies such as Beijing. Chinese state banks, which extended over $60bn in oil-backed loans between 2007 and 2016, last year made no fresh loans. A two-year grace period on a remaining $19bn debt to China expired last week, Reuters reported, meaning that Venezuelan export revenues will fall further."