‘I quit’ is all the rage. Blip or sea change? We’ve met a once-in-a-generation “take this job and shove it” moment; For a lot of workers is their financial situation is much better than it was coming out of the Great Recession, with the expansion of the social safety net and the stimulus payments during the pandemic period. (Harvard Gazette)
Bank of Canada ends quantitative easing, signals rate hikes could come sooner The Bank of Canada says it expects inflation to be higher than it originally thought and suggested an interest rate hike could come sooner than expected. For now, Canada’s central bank kept its overnight rate at 0.25 per cent. It also ended its stimulus program called quantitative easing (QE). QE moves into a reinvestment phase, during which Government of Canada bonds will be bought only to replace maturing bonds. (Bank of Canada)
The Senior Investment Role That’s Dominated by Women Female investors are increasingly ascending to the senior ranks of their firms as newly appointed heads of sustainability. (Institutional Investor)
Time Horizon is Everything For Investors Two investors can have completely different opinions about a specific stock or the market and both can be right (or both can be wrong). It all depends on the time horizon. (A Wealth of Common Sense)
Why There Is Not Enough Housing For Sale or Rent Across the Country: Homebuilding collapsed during the housing crash over a decade ago and has been slow to recover. Construction of high-end homes and apartments recovered first, and there is now an oversupply in some urban areas across the country. However, the construction of reasonably priced homes to rent or own has only recently begun to increase and continues to lag demand. (Moody’s)
A History of Wealth Creation in the U.S. Equity Markets U.S. stock market investments increased shareholder wealth on net by $47.4 trillion between 1926 and 2019. Technology firms accounted for the largest share—$9.0 trillion—of the total, but telecommunications, energy and healthcare/pharmaceutical stocks created wealth disproportionate to the numbers of firms in the industries (Alpha Architect)
After 25 Years, Celebrating the Little Car That Saved Porsche Stuttgart gives fans a special edition Boxster that commemorates the anniversary of the time Porsche almost died. (Bloomberg)
Inside the battle for control of Rogers and the ensuing family feud How an inadvertent phone call exposed the plan that has plunged the telecom giant into chaos (Globe and Mail)
Highest-Paid NHL Players 2021-22: Connor McDavid Leads A Top Ten Still Being Stung By The Pandemic (Forbes)
How Long Can We Play? And what does that question even mean to you? Inside the quest to prolong athletic mortality. (Sports Ilustrated)
How Punk Bands ‘Selling Out’ Changed the Mainstream Music Landscape Dan Ozzi talks about his latest book ‘SELLOUT’, which documents the major label “feeding fenzy” that swept through punk in the 90s and 00s. (Vice)