My end-of-week morning prepare WFH reads:

• Report: Who Is Fleeing New York? Not Millionaires: A report discovered that New York is gaining millionaires, regardless of an earlier exodus, whereas lower-income households are being compelled to depart, elevating questions in regards to the state’s tax insurance policies. (New York Instances)

• Huge VC Funds Are Underperforming Smaller Ones and Their Future Is Dim: The smaller enterprise capital funds outperform giant ones which have the presumed benefits of scale, model, and expertise, a report exhibits.  (Institutional Investor) see additionally Salesforce Alerts the Golden Age of Comfortable Tech Jobs Is Over: Marc Benioff’s famously employee-friendly firm is turning into extra Darwinian—and offering a brand new mannequin for Silicon Valley. (Businessweek)

• Lots of issues are getting cheaper. Right here’s why you most likely haven’t observed. Inflation remains to be above the Federal Reserve’s goal, however many objects are getting cheaper. The value of sturdy items is deflating, although many People might not really feel the influence. Groceries, healthcare, and different bills are nonetheless inflating, hurting many People’ wallets. (Enterprise Insider)

• Why Bonds Are Making a Enormous Comeback: Merchants are looking forward to charge cuts as quickly as March. (Morningstar)

• Don’t Roll Your Eyes: Wanting the Half Might Land You That Job: Making use of to be a programmer? Higher seize a pair of glasses. Completely different jobs favor sure seems, new analysis exhibits. (Wall Road Journal)

• Seven Seats, 300 Miles: Kia Tries to Resolve the Final EV Conundrum: Electrical vehicles have but to crack the huge marketplace for an inexpensive household hauler; the EV9 from Kia could also be about to vary that. (Bloomberg)

• ‘We Go The place We Assume We Can Have The Most Impression:’ 5 classes from profitable native information startups. (Nieman Stories)

• Prime 25 Information Photographs of 2023. Hamas militants launched a shock assault in southern Israel, adopted by 1000’s of Israeli air strikes in Gaza; a suspected Chinese language surveillance balloon was shot down over the U.S.; excessive climate occasions affected folks around the globe; a devastating earthquake struck components of Turkey and Syria; and way more. Right here, we current the highest 25 information images of 2023. (The Atlantic)

• Greatest Comedy of 2023: It’s time to cease taking Jim Gaffigan as a right, and extra stunning takeaways from specials, stand-up units and different humorous moments this yr. (New York Instances)

• The Story of Bruce Springsteen’s #1 Guitar Bruce Springsteen pays temporary however heartfelt homage to his oldest musical collaborator: his previous Fender electrical guitar. “It’s such an integral a part of me.” (Males’s Journal)

Remember to take a look at our Masters in Enterprise subsequent 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.

S&P 500 momentum hardly ever goes from ‘oversold’ to ‘overbought’ inside one month.

Supply: @AndrewThrasher

Join our reads-only mailing listing right here.