had a convo with a senior exec at my company this week where he told me he was concerned this generation of analysts, mostly under 40, had never experienced a market downturn and were not ready for it
i think it’s lost on these guys that this generation has only seen worsening market conditions, first in soaring assets where many have been priced out and second in soaring consumer inflation
real conditions have only deteriorated for the wage earning classes
still thinking about the battle of algiers today, especially the character of colonel matthieu. such a great performance
i know i’m about 50 years late to this
i watched the battle of algiers today and am totally blown away. what an incredible film. never seen a better depiction of occupation/resistance. highly recommend it!
i got cold called today at work by the sales team at ibm trying to sell me an ai solution called watson assistant
apparently it does more now than just win at jeopardy
here’s the catch: if the banking crisis is behind us, rates should creep back up, further eroding the value of bank collateral, and further calling into question their liquidity and possibly solvency
it’s a trap lol
cibc, one of canada’s big five banks, is pulling some really egregious shit with their interest rates. they advertise (up to) 5% but anyone with under 25k in savings is looking at .4% after the bonus interest ends (4 months).