Wednesday morning news drop
How the Internet Turned Us Into Content Machines Two new books examine how social media traps users in a brutal race to the bottom. (New Yorker)
The Office Monsters Are Trying to Claw Their Way Back to 2019 Some corporate leaders are grasping at whatever they can to get back to the way things were. But they might find themselves fighting a culture shift beyond their control. (New York Times)
The Worst Years Ever For a 60/40 Portfolio: The 13% loss in the S&P 500 year-to-date would be the 8th-worst calendar year return since 1928, it’s even worse for the 60/40 right now. If the year were to end today, the current year-to-date return of -12.1% for a 60/40 portfolio would be the sixth-worst annual return over the past 100 years or so. (A Wealth of Common Sense)
Ready to Buy a House? Just Wait a Few Weeks The market is cooling, but buyers should bide their time before jumping in. (Bloomberg)
Welcome to the Great Reinfection A repeat encounter with Covid used to be a rarity. But now that Omicron has changed the game, expect reinfections to be the new normal. (Wired)
Polling is clear: Americans want gun control: A vast majority of Americans supports universal background checks, keeping people with serious mental health issues from buying guns, bans on assault-style weapons and high-capacity magazines, and so-called “red flag laws” that would allow police and family members to seek court orders to temporarily take guns away from those considered a risk to themselves and others. (Vox)