My morning practice WFH reads:

• How a lot ought to it price to promote a home? Your actual property agent could also be charging an excessive amount of. Why ought to homebuyers and sellers pay for providers they neither need nor use? It’s like being compelled to pay a journey agent fee when reserving a flight straight on-line. (USA Right this moment)

• Indicators of a Weakening Job Market, in 5 Charts: Openings and quits information might give clues to the route of hiring and the economic system. (Wall Avenue Journal) see additionally Pay 1000’s to Stop Your Job? Some Employers Say So. Some U.S. companies are forcing staff to signal contracts that demand steep “reimbursements” in the event that they depart. (New York Occasions)

• Spotify Is Screwed: Spotify is the world’s largest music streamer however not often turns a revenue and simply minimize 17 % of its workforce. Its enterprise mannequin appears more and more precarious. (Wired)

• Items Deflation Is Again. It Might Velocity Inflation’s Return to 2%. Costs of durables have been falling for 5 straight months (Wall Avenue Journal)

• US retail lobbyists retract key declare on ‘organized’ retail crime: The principle lobbying group for U.S. retailers retracted its declare that “organized retail crime” accounted for almost half of all stock losses in 2021 after discovering that incorrect information was used for its evaluation. A spokesperson for the Nationwide Retail Federation mentioned Tuesday that the group had eliminated the sentence from its report on organized retail crime printed in April. It produced the report in collaboration with personal safety agency K2 Integrity. (Reuters)

• The Pentagon Needs to Root Out Shoddy Medication. The FDA Is In Its Manner. The US drug-safety regulator has resisted unbiased testing that’s extensively utilized in Europe. (Bloomberg)

• A Neurologist’s Tricks to Defend Your Reminiscence: A brand new guide by a famend mind professional says there are just a few easy issues we will do to stop reminiscence decline as we age. (New York Occasions)

• “There’s Nothing Mystical Concerning the Concept that Concepts Change Historical past”. Pinker: There certainly is a centripetal drive of tribalism, there are two forces pushing outward towards it. One is the ethical incontrovertible fact that it’s awkward, to say the least, to insist that some lives are extra priceless than others, significantly whenever you’re face-to-face with these others. The opposite is the pragmatic incontrovertible fact that our destiny is more and more aligned with that of the remainder of the planet. (Quillette)

• Israel’s use of disproportionate drive is a long-established tactic – with a transparent goal. The technique goes effectively past defeating an opponent: It seeks to destroy key infrastructure and the economic system, with many civilian casualties. (The Guardian)

• 2023 Individual of the 12 months: Taylor Swift: Listening to Swift share this, on a transparent fall afternoon in her New York Metropolis condo, I’m struck by how satisfying the story is. There are excessive stakes on the outset; there are particulars, vivid and sensory; there’s a twist that flips the motion on its head; and there’s a contented ending for its hero. It takes her solely about 30 seconds to recount this, however these 30 seconds comprise a complete narrative world. (Time)

Be sure you try our Masters in Enterprise this week with Joel Tillinghast of Constancy, the place since 1989, he has managed the Constancy Low-Priced Inventory Fund (and others). Over his 32-year tenure, the fund has overwhelmed 100% of friends, and outperformed the Russell 2000 benchmark by 3.49% yearly, and has greater than doubled the efficiency of the S&P 500.

Shorts made about $80 billion of greenback earnings on about 30% of names, and misplaced $900 billion complete throughout all names over 10 years

Supply: @quantian1

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