An “Irish Exit” is when you leave without saying goodbye.
A “British Exit” is when you loudly announce that you’re leaving and then wander in and out of the door while you decide if you really want to leave or not, angrily complaining the whole time.
"Global real wage growth in 2017 at 1.8% was not only lower than in 2016 2.4%, but fell to its lowest growth rate since 2008, remaining far below the levels obtaining before the global financial crisis.” Without China it was as low as 1.1%
@ilo Wage Report
https://t.co/DXdrGuErmk
The extreme human temptation to compromise on hiring (and to fail to confront mistakes) is one of the main entropic forces conspiring to ensure that great companies rarely stay that way.
https://t.co/xcPhJnQhgB
Dear high school kids, learn:
1 public speaking
2 writing well
3 to teach (see 1-2 above)
4 critical thinking (not cynicism)
5 good manners
6 active listening (hear with your eyes)
7 networking (trust and giving)
8 good customer service
9 how to sell
10 fight against entitlement
Problem if the #salvini s of the world are influencing markets in that way, the government bond market will stay untradeable for a while. #italy#governmentbond
#Italy 10y risk spread over Germany drops <300bps as Italy’s Dep PM Salvini has showed willingness to change 2019 budget deficit target in interview where he said nobody is fixated on 2.4% deficit target. "If there is budget which makes country grow, it could be 2.2% or 2.6%."
Very proud of #annagasser who is from my hood is one of the coolest girls on this planet. May she get all the sponsorship deals she deserves! #snowboarding#thisgirlrocks
@BormansGert @Burke_Esq Excellent point, I have not thought of that. But then again I am trying to improve my tennis teaching skills in case of a financial meltdown.
After an epic rally last year that exceeded many of history’s most notorious bubbles, cryptocurrencies have become mired in a nearly $700bn crash that shows few signs of abating. https://t.co/Ep2uWtu8mq
Corporate spreads have widened recently. Has raised concerns over credit (default) cycle. DB Distressed Debt index - historically good leading indicator - gives the all-clear. Although index up 6%, this is
materially lower than levels seen during 2015-16 China credit crisis. (DB)