Share to Twitter Share to Linkedin By multiple measures, the Covid pandemic wreaked havoc throughout the world. Millions died. Economics were crippled. School shutdowns stymied the education of a generation of children. Fortunately, the human spirit is very strong, and ingenuity and innovation sometimes thrive during times of extreme stress. Crisis, it’s been said, creates opportunity. James G. Wetrich knows a thing or two about making the most of any given circumstance. Over the past 40 years he’s led teams on three continents and coached leaders at more than 100 companies. His most recent book is STIFLED: Where Good Leaders Go Wrong. Rodger Dean Duncan: Rather than get back to “normal,” you say, leaders in our post-pandemic world need to create a “ new normal” where “archaic mindsets and outdated practices” no longer stifle people and their organizations. In your view, what mindsets and practices should be challenged and replaced first? … [Read more...] about What Leaders Can (Should) Learn From The Pandemic
Share to Twitter Share to Linkedin Topline High-profile stock picker Cathie Wood, the chief of asset manager Ark Invest, on Wednesday laid into the Federal Reserve’s aggressive plan to fight inflation, joining some experts in arguing the consequences of the central bank’s interest rate hikes could ultimately outweigh the benefits—but others warn of exactly the opposite risk. Key Facts In a series of Wednesday morning tweets , Wood, who has been critical of the Fed's interest rate hikes before , said the bond market “seems to be signaling that the Fed is making a serious mistake,” as yields on ten-year Treasurys fall 80 basis points below those on two-year Treasurys—marking the steepest yield curve inversion since the 1980s. Yield curve inversions have long been viewed as a telltale sign of a looming recession, suggesting investors are more bearish about the future than the near term, and on Wednesday Wood argued the current inversion “is much … [Read more...] about Cathie Wood Warns Fed Has Made ‘Serious Mistake’ As Yield Curve Inversion Steepens—Here’s Why Some Experts Disagree
Share to Twitter Share to Linkedin Decentralized finance: lots of promise, and exciting concepts, but still too complicated for people to use. Investors still like the different product lines – from dApps, to interest rate bearing protocols. Those different DeFi segments keep investors curiously watching this roughly three-year-old market. Nevertheless, investors would have been better off starting the year by buying and holding bitcoin. The 2022 crypto winter has been especially frigid in DeFi land. From an investor and user perspective, “DeFi is still largely absent from most people’s habits,” says Tony Tran, founder & CEO of Peer Inc, a Bellevue, WA-based Web3 developer building an exchange for blockchain-based capital raising. “There needs to be significant innovation for DeFi to become the preferred choice, both on user experience and in technology. The absence of a limit order/stop loss feature on decentralized exchanges; the vulnerability to hacks, … [Read more...] about The DeFi Winter: Is It Time For Investors To Move On?
Share to Twitter Share to Linkedin Technological progress is supposed to speed things up—and yet, when we travel by plane, we're actually flying much more slowly than we were 25 years ago. A flight from London to New York, for instance, takes closer to 8 hours today when it used to take seven. So what's happening? It seems there are lots of reasons. The first is that pilots are actually flying more slowly—to save fuel. jetBlue and Ryanair are just two examples of airlines that asked its pilots to fly slower—jetBlue is thought to have saved $13.6 million a year by flying two minutes more slowly during each hour of air time since 2008. Another reason is due to 'schedule padding'—where an airline says the flight will take 80 minutes when it actually takes 60, giving them lots of leeway in case of delays so they can still arrive on time. The Telegraph argues that this is probably fair, considering that the skies are far more crowded today than they … [Read more...] about Why Is Your Flight Slower Today Than Ever Before?