The Leyendecker View: Bloomberg’s Billionaires Index«Back


Interested in receiving our newslettersClick here to sign up.

 
The Leyendecker View: July 10, 2020


An appeaser is one who feeds the crocodile, hoping it will eat him last.”
- Sir Winston Churchill

 
OUR FINANCE WORLD
 
Credit availability is shrinking
Not good for all manner of businesses.

Some PE portfolio companies got PPP
As investors found workarounds.

Gold is err…golden
No end in sight for financial stimulus, gold reaches a nine-year high.
 
The investment lesson of the past 50 years
If inflation shows up from all the helicopter money.
 
CORONAVIRUS
 
WHO reverses stance on COVID transmission
Exactly WHO are we supposed to believe these days?

Americans will be wearing masks for several years
So suggests coronavirus expert.
 
Crowding and COVID
The relationship between density and contagion is complex.
 
The seven-year virus trail
From mine deaths to the Wuhan lab.
 
THE GLOBAL VIEW
 
Mayor of Seoul found dead after going missing
He was a potential presidential candidate.

COVID disinformation campaigns
Nefarious state-back actors are at it again.
 
European tourist industry suffers
Turns out, Americans are big-spenders overseas. 
 
Iran nuke site burns
Tehran confirms it was a centrifuge facility.
 
THE ECONOMIC VIEW
 
Trump team suggests PPP saved 51 million jobs
Did it?
 
Commercial real estate malaise
Coming to a city near you.
 
Air travel jumps over July 4th weekend
But is still down more than 70% pre crisis.
 
REBUILDING AMERICA
 
The road to self-renewal
To rebuild a country, maybe we first need to rebuild ourselves.
 
American trust in mass media on the decline
News, brainwashing, or poison for the mind?
 
US industries with highest rate of unemployment
Which ones should we rebuild and why?
 
THE WAR ON CARBON
 
The world wealth report
ESG investing makes the rich look good.
 
Pipelines under attack
Electricity and gasoline costs could rise measurably.
 
Power pioneer invents battery 90% cheaper than lithium
Japanese startup building factory to mass produce them.
 
TECHNOLOGY
         
Coinbase preparing to go public?
Cryptocurrency exchange going mainstream.

Here come self-driving trucks
Until one is involved in a traffic fatality?
 
The countries with the most unicorns
Contrary to popular media, the United States isn’t dead yet.
 
Food delivery is the hottest new industry
All the rage but still no profit plan.
 
THE CHINA SYNDROME
 
The Thuycdides trap
Can the US and China avoid it?
 
They’re taking control of Hong Kong
On the path to threaten free speech world-wide.
 
TikTok pulls out of Hong Kong
Rejecting Chinese censorship, or toeing the geopolitical line?
 
THE NEXT NORMAL
 
Higher ed will never be the same
Except for how much it costs.
 
Is the five-day office grind over? 
The future may be an office/WFH hybrid.
 
Working parents are screwed
Kids at home, jobs at home, this ain’t easy.
 
A BETTER YOU
 
The healing power of nature
It’s far more than folk wisdom.
 
Laughter is absolutely vital
It helps keep our minds and social lives elastic.
 
VIDEO OF THE WEEK
 
A walking tour of Florence, Italy
When can we go!!!
 
HOW ABOUT A BREAK
 
Comet NEOWISE passing earth
How to see its potential spectacular show.

Bloomberg’s billionaires index
Can’t seem to find my name on the list.
 
100 is the new 80
More centenarians than ever, pandemic be damned.
 
From vice to crime
How colonial powers manipulated opium to expand territories.
 
FROM THE HEADHUNTER’S KITCHEN
                    
Ultimate grilled vegetables
There’s really no better way to cook your veggies. Grilled salad, too.
 
THOUGHTS FROM DOUG
 
Maybe we get a vaccine by winter. If so, then we only have to manufacture and inoculate billions very quickly. Uhhh… Seems like we won’t have an idea of what new normal will look like until spring 2022 at the earliest.
 
Unless, of course, we decide lockdowns are killing more people than the virus.
 
How can career public sector employees understand the private sector if they can never be fired for cause or laid off because of economic challenges?
 
Tons of companies need to refinance. Where is that money going to come from when virtually all capital providers are going to experience considerable loan losses?
 
It sort of seems like the news media’s job is to create mayhem so that people need the news media to keep them informed about it.
 
In a large part of Asia, face masks are already a cultural norm. Now we Westerners are going to make them a normal part of our lives. Really? This is where “modern civilization” is taking us? Regularly wearing a face mask is going to be normal? We really good with that?
 
Someone help me understand how the Average Joe and Jane’s world is going to get better?
 
How has high-population-dense China gotten the virus under control while less-population-dense America is still wrestling with it?
 
Gold investment is growing. But isn’t gold just another fiat currency? Exactly what is its value other than we “trust” in its value?
 
When everyone knows the safest investment, is that when it’s no longer safe? 
 
IN CASE YOU MISSED IT
 
TLV: Best Crisis Ever!
July 3, 2020
 
The Leyendecker View: IRS Sends $1.4B to Dead People
June 26, 2020


  •  
    • LEAVE YOUR COMMENT BELOW
    • Name:
    • Email:
    • URL:
    • Comments:
    •