My morning prepare WFH reads:

• Is the Fed data-driven or data-ridden? The Federal Reserve consistently reminds us that its choices are “data-driven” or “data-dependent.” However what does that even imply? And what are the hazards when information loom too massive? (Keep at House Macro)

• Staff Are Happier Than They’ve Been in A long time: Labor shortages and shifting expectations result in enchancment for hundreds of thousands, survey reveals. (Wall Avenue Journal) see additionally Work-Life Steadiness Is Their Second Precedence. Work Is Their First. Younger professionals pledge admiration for friends who carve out private time, then fail to do the identical for themselves. (Wall Avenue Journal)

• The Case For Worldwide Diversification: Mainly, worldwide shares went from comparatively costly (hiya Japan) to comparatively low-cost and U.S. shares went from comparatively low-cost to comparatively costly. (A Wealth of Widespread Sense)

• A Tax Loophole Makes EV Leasing a No-Brainer within the US: An exemption within the Inflation Discount Act is price $7,500 to drivers who lease. (Businessweek)

• After Dimon’s First Republic buy, harder banking laws loom: New guidelines forcing the large banks to extend their capital reserves are within the works, together with modifications for regional banks. (Washington Submit)

• Tweaking Greens’ Genes Might Make Them Tastier—And You’ll Get to Attempt Them Quickly: Taste is a difficult goal, however expertise and highly effective genetic methods are making it extra possible to enhance the style of greens. (Scientific American)

• The place Are the Therapies for Lengthy COVID? We don’t know why the virus can result in persistent signs. We urgently want extra analysis on therapies anyway. (Slate)

• RIP Metaverse: An obituary for the newest fad to affix the tech graveyard. (Enterprise Insider) see additionally One thing Terrible is racing to save lots of the very best and worst of net historical past: An extended-running net group enlisted its goons to cease an Imgur extinction occasion. (The Verge)

• Right here’s Each Single Lie Informed by My Congressman, George Santos. The New York Consultant was indicted on Could 10 on 13 federal costs, together with wire fraud, cash laundering, theft of public funds, and mendacity to Congress. Whereas this was definitely a dramatic twist within the Santos saga, it wasn’t precisely a shock. For the reason that New York Occasions first revealed in December 2022 that Santos was not fairly the person he offered himself as to voters, it’s been laborious to trace down precisely what’s true concerning the congressman’s life story. Is he broke or wealthy? Is he Jewish or Catholic? Did his members of the family actually die within the Holocaust or September 11? Most frequently, it’s greatest to imagine what the Republican from Lengthy Island has stated about his life is bogus, however in case it’s essential to double-check, right here is the information to all the pieces he has made up about himself… (New York Journal)

• Within the Finish, Rocket Raccoon Is the Star of ‘Guardians of the Galaxy’: James Gunn has referred to as Rocket Raccoon the “secret protagonist” of the ‘Guardians of the Galaxy’ trilogy. In ‘Vol. 3,’ the key is out. (The Ringer)

Make sure to take a look at our Masters in Enterprise interview this weekend with enterprise capitalist and seed investor Howard Lindzon. He’s the founder and CIO of  Social Leverage, the place he makes early-stage investments. He based Wall Strip (offered to CBS in 2007), co-founded StockTwits (which pioneered the ‘cashtag’ e.g., $AAPL), and was the primary investor in Robin Hood. Social Leverage lately launched its 4th fund.

Since Buffett began buying Apple shares 7 years in the past, Berkshire’s common quarterly return has elevated greater than a full share level vs prior 13 years

Supply: @bespokeinvest

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