The Leyendecker View: Is the Pandemic About to End?«Back


Interested in receiving our newslettersClick here to sign up.

 
The Leyendecker View: September 17, 2021


I’ve had a lot of worries in my life, most of which never happened.
Mark Twain


THE ECONOMIC VIEW

Median household income fell in 2020
Yet poverty declined
How can this be?
 
Delta threatens small businesses
They lack savings and fret about debt.
Yet start-ups are booming
 
Buy now and pay later services boom
Yet over 1/3 of users are behind on payments.
 
THE INFLATION BOGEYMAN
 
High steel prices
Are challenging manufacturers.
Rising shipping costs also not helpful
 
Chevron CEO warns of high energy prices
Oil and gas supply crunch is coming.
 
Food prices in July up 31% from year ago
Stagflation is in the air.
 
HUMPTY DUMPTY SUPPLY CHAINS
 
Ikea has furniture supply shortages
The pandemic exposes globalization’s weakness.
 
The shipping crisis
Also exposes globalization’s weakness.
Too much consolidation didn’t help
 
Europe auto sales are ugly
Chip crunch is crunching auto sales.
 
THE LABOR VIEW
 
Atlanta Fed Wage Tracker
Does not yet suggest wage inflation.
 
The best WFH companies
Get your job applications in!
 
The great resignation
What leaders need to understand about workers.
They want WFH and big-city salaries
 
MEANWHILE IN EUROPE
 
UK electricity prices soar
Europe is in an energy crisis
Energy prices in Europe hit records
Here comes “greenflation.”
 
UK faces two years of labor shortages
Will that produce wage increases?
 
Russia ramps up repression of lawyers
Critics of Putin, beware.
 
GLOBAL
 
How the world has improved
Over the last two centuries.
 
China economy still slumping
As China goes, so goes the world.
 
Yet China August exports beat expectations
Is global inventory gearing up for the holidays?
 
THE FINANCE WORLD
 
The trillion-dollar fantasy
It’s called ESG investing.
 
Robinhood goes after college kids
Is it investing, gaming or gambling?
 
Stagflation trades boom
Investors may be worried.
 
Biden’s SEC about to regulate crypto
It had to come at some point.
 
CORONANEWS
 
Is the pandemic about to end?
The US may be closer than we think.
 
Former FDA commissioner hammers CDC
Bureaucrats acting like bureaucrats.
 
Moderna says you need a booster
FDA isn’t convinced of a booster
Great, now what?
 
TECHNOLOGY
 
1 out of every 153 American workers
Is an Amazon employee.
 
Digital privacy is reshaping the Internet
The battle for your mind and checkbook.
 
Facebook practicing double standards
They also know Instagram is toxic for teen girls
While they want to create an Instagram for children
Zuckerberg denied a fix to algorithms that reward outrage
WTF!!!
 
THE NEXT NORMAL
 
The third revolution in warfare
May already be here.
 
Women are buying more guns
They are nearly half of new gun buyers.
 
Amazon and others about to reshape healthcare
Can they make it cheaper?
 
THE WAR ON CARBON
 
Young people are very worried
56% think humanity is doomed.
 
2015 Paris Agreement isn’t working
No G20 country is meeting its commitment.
 
Major utilities question Biden’s clean energy plan
They don’t see it as realistic.
 
THE CHINA SYNDROME
 
China wants more control
Over everything.
The new cultural revolution
 
US to help Aussies build nuclear subs
Alliance to strengthen Indo-Pacific presence.
 
Japan preparing for conflict
As China-Taiwan tensions rise.
 
MAKING A BETTER YOU
 
How not to waste your life
Realize you can’t do everything.
 
Assertiveness is a virtue
That anyone can develop.
 
When life gets too stressful
Pretend to drive a bus.
 
HOW ABOUT A BREAK
 
The 26 most beautiful towns in America
Is it time to move?
 
25 best fall trips
Is it time for another vacation?
 
The 10 drivers of new space ecosystem
Get in on the ground floor.
Yet, space collision prospects grow
 
VIDEOS OF THE WEEK
 
Ode to Norm MacDonald
In case you need a few “colorful” laughs.
 
Northern Russia driving adventures
Where Soviet cars go to not quite die.
 
Blowing in the Wind”
Remembering the 1960s.
 
FROM THE HEADHUNTER’S KITCHEN
 
Cauliflower recipes
Oh so good.
 
Why we love hot peppers
Is there an addiction issue here?
 
10 best bourbons
Not made in Kentucky.
 
THOUGHTS FROM DOUG
 
Stagflation may be coming. High energy prices are on their way because of climate change policies. Higher electricity and transportation costs will likely work their way into all manner of goods and services. All would be okay if wage growth could follow goods and services price growth. But technology and globalization are going to keep holding wages down.
 
What will bring down energy prices? Another recession.
 
Strip energy and food away from the CPI numbers, and inflation looks to be taming. But what average Joe doesn’t need energy or food?
 
Can you believe how slimy Facebook is?
 
The food delivery business doesn’t make any money. Get ready to start picking up your own take-out orders.
 
How healthy is it for us to demonize an industry (hydrocarbons) that freed billions from poverty and is essential to our modern way of life? Are there other industries we should hate?
 
If the US is close to herd immunity, why would President Biden mandate vaccines and testing?
 
The US may resolve its Covid crisis sooner than many others. But for many countries, especially emerging markets, it will likely be a much longer slog.
 
Will the global economy ever return to what it looked like in 2019?
 
IN CASE YOU MISSED IT
 
The Leyendecker View: The PE Secret to Success
September 10, 2021
 
The Leyendecker View: Banking Could Go Away
September 3, 2021
 
 
 

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