Friday morning articles
The 13 Best Movies About Wall Street Wall Street has always been a fascinating subject for filmmakers, and over the years, there have been many movies that have explored the topics of money, power, and greed. From classic dramas to today’s thrillers, these films have captivated audiences with gripping stories and unique characters. In this post, I’ll be counting down the 13 best Wall Street movies by highlighting the films that have defined the genre and left a lasting impression on audiences around the globe. (Of Dollars and Data)
Stocks usually recover before earnings do: Last summer, when stocks first reached bear market territory, pundits everywhere said analysts needed to slash earnings expectations before stocks could bottom and a recovery could begin. Expectations for Q4 S&P 500 earnings have plunged from 4.8% y/y growth in late September to a -4.9% decline now, as earnings season dawns, one of the biggest swings on record. This is the “pessimism of disbelief” that underpins new bull markets. (FI)
Dot-Com Redux: How to invest after valuation risk strikes (Verdad)
Netflix’s New Chapter: Netflix’s moment of greatest peril is, in retrospect, barely visible in the company’s stock chart: (Stratechery)
Fed Sets Course for Milder Interest-Rate Rise in February: Officials could begin weighing whether and when to pause rate increases this spring. (Wall Street Journal)
Who really pays for your rewards? When it come to reward credit cards, not everyone’s a winner. (Financial Times Alphaville)
Tesla’s Problems Go Way Beyond Elon Musk The EV giant is alienating its customers, bringing in less revenue, and falling behind legacy carmakers. (Wired)
Bosses are obsessed with returning to the office. Here’s why it’s already out of their hands: Your boss is capital-O obsessed with returning to the office. Why? (Fortune)
How top CEOs from Elon Musk to Tim Cook tackled the big return-to-office in 2022: The world edged closer to learning to live with COVID-19 in 2022, and as it did, an increasing number of pandemic restrictions were lifted. In many countries, that meant returning to the office for the first time in two years. (Fortune)
Life as a 21st-Century Trucker Technology, corporate greed, and supply-chain chaos are transforming life behind the wheel of a big rig. I went on the road to find exactly how. (Wired)
Pickup Tricks From Workhorse to Joyride America has a love affair with pickup trucks. In 2022, the top three best-selling vehicles in America were pickup trucks, and among them, the Ford F-series reigns supreme. The Ford F-150 has been the best-selling vehicle in the U.S. for more than 40 years, and for that reason, it’s a useful proxy for pickups overall. (Axios)
How Israel Adesanya Transformed Himself Into a New Kind of MMA Star The former middleweight champ has already reshaped the sport—no matter what happens in the ring. (GQ)