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Finance and Econ from the Web: Billionaires Want Capitalism Reformed, True Chinese Growth + more

April 16, 2019 Bilal 0

There’s a swathe of articles on how to fix capitalism from taxing global companies to improving US-China relations. On markets, some good papers on how equities could give better growth signals than the yield curve, the challenges in A-rated credits and tips from top investors. On macro, a paper on how patent law is making industries less competitive, estimating true Chinese growth and how the Tories are losing touch with economic policy. Family Offices Love Alts

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Finance and Econ From the Web: Taxing Ultrawealthy Fails, Rent Hurts Growth, Hedging Climate Change

April 9, 2019 Bilal 0

On policy, we find US labour taxes are amongst the highest in the world if you include medical costs, US roads are falling apart, but the robots are rising and IMF needs to be reformed. On growth, avoiding the Japan trap, why trade tariffs are bad and the issue with minimum wages. On markets, credit ratings and structure finance, and how the end of fossil fuels will hurt markets. Finally check out the new 50 cent coin in Australia at the bottom.

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Best Of the Web: Matrix Anniversary, Best Airline, Most Hyped Tech

April 6, 2019 Bilal 0

Some good office-related articles from email tips to whether feedback works. On social interactions, how to compliment women, greet in Japan and how relationships have changed since the 1970s. I have some great city guides for New York, London, Hong Kong and Singapore. On the tech side, how Teslas can be hacked, how much internet traffic Youtube consumes and soft robots. Plus some great fun pieces at the bottom. Enjoy. The Moment The Matrix Changed Everything Writer remincesnce on the impact the movie had on him. 

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Finance and Econ From the Web: End Of American Century, Accounting For Digital Economy and Deciphering Fed Dots

April 2, 2019 Bilal 0

Some good articles on politics from Brexit guides to US religiosity to Left populism. On the macro side, I have articles on secular stagnation, nominal GDP targeting and of course Modern Monetary Theory. I have a slew of articles on investing and trading models including on momentum models, FX models and estimates of risk premia. Finally, a shocking stat on the current effective US corporate tax rate (scroll down!).

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Best Of the Web: How To Avoid Burn-out, Robots For Olympics and Underwater Hotels

March 21, 2019 Bilal 0

Good range of articles this week. On the self-improvement side: life-lessons for movie cats, how depression hits teenage boys and girls differently and the science of innovation. On the tech side: Volvo’s in-car camera to watch you, edge AI tech and US’s new exascale computer. On the fun side, 100 podcasts to listen to, most influential books of the past 20 years and silly and cruel beauty products from the past. Enjoy.

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Finance and Econ From the Web: 20 Crazy Investment Facts, Beto-Mania and Excess Chinese Savings

March 20, 2019 Bilal 0

This week, I have some good articles on monetary policy with one arguing that high US rates before 2008 pushed people into shadow financing, while another argues that recent low interest rates are leading to monopolistic industries ( Seems like central bankers can never get it right). Larger companies are also apparently weakening the wage bargaining power of workers.  To make matters worse automation will make many jobs redundant, and there’s an excellent article with shiny graphics that runs through the sectors that will decline (or grow). On markets, there’s a few articles on trading models that stood out – […]

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Best Of the Web: Best City In the World, Russians Reverse Time and Fasting Q&A

March 14, 2019 Bilal 0

This edition leans towards tech and science: why big tech is not a monopoly in the conventional sense, what happened to all those Uber-style businesses and scientists want to dim the sun. On the culture side, Captain Marvel defies trolls, do you know who Billie Eilish is and indie movies to look out for. Health-wise, you learn about the nuances of the placebo effect, sleep issues and the trouble with excessive hygiene. There’s a bunch more fascinating articles, and great pics at the bottom of the email. Enjoy.

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Finance and Econ From Web: Renaissance Technologies’ Jim Simons Talks Money, Fear Helps Econ Development and Millennials Are Not Special

March 13, 2019 Bilal 0

Some very good  pieces on investing including one: tips from the top investors, an equity trading model and the ins-and-outs of initial (crypto) coin offerings (ICOs). On the macro side, we have some good pieces on how to model financial crises, the inflation of smartphones and how debt doesn’t cause inflation. We have Mankiw writing about writing textbooks, policymakers worried about climate change and why everyone does not value university education. There’s also a bunch of articles on China including some on its currency regime and reserve management. Enjoy…

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Best Of the Web: Apps That CEOs Use, Hair Restoration, Attention Economy Is Dead

March 7, 2019 Bilal 1

Great selection of free articles this week. On the work front, bring Maria Kondo to your work space, weaponising your email, and what personality traits do CEOs have that others don’t (not what you expect). Health-wise a sobering article on the efficacy of anti-depressants, some myths exploded on healthy skin and are you self-actualised ?(take the quiz). A bunch of tech stories especially on the challenges big tech is facing (taxes, privacy), the latest developments in transport (car subscription models, e-scooters) and China’s massive new power grid. On the lighter side, free site to colourise your photos, what happened to […]

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Finance and Econ From Web: Fake Superstar Firms, Knowing Your Neighbours Income, Has US Trade War Helped Workers

March 6, 2019 Bilal 0

Today’s wrap-up leans a bit more towards the evolving structure of economies. It seems households are investing lots in R&D (but it is not measured), there is a difference between the 1% and the 0.1% and how collective wage bargaining impacts Italy differently to Germany. Elsewhere there’s a good article on how the US trade deficit is more due to global forces than US ones, while another argues that US inflation is caused by the US factors and not global ones. For markets, we have a good piece on how CoCos  needs to be changed, the Fed argues the secular […]

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Finance and Econ From the Web: Everyone Loves Budget Deficits, the Next Obama, Bull/Bears On China

February 26, 2019 Bilal 0

This week, we have a flurry of pieces on increasing US debt (the good and the bad), raising taxes on the rich and some excellent century-spanning data on English wealth. On growth, almost all economists expect a US recession by 2021 at the latest, the Fed hints at following BoJ policy if things get bad, and the geo-politics of trade agreements. On the latter, we also have some articles on the 5G issue and China as well as challenges China is facing in its Belt and Road Initiative. The markets side, a trading strategy that combines momentum and signals from […]

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Best Of the Web: Best Tech For Sleeping, Wedding Expense and Divorce and Best Pizza in NY

February 21, 2019 Bilal 0

Lots of self-help in today’s list from 40 push ups as test for your true health to signs of healthy relationships to “coping” with financial windfalls. Some surprising articles on how sellers sabotage their competitors on Amazon, China’s new most downloaded app (from the government!) and the increasing presence of Emoji’s in court proceedings. I also feature a bunch of city lists: best pastries in London, best “undiscovered” trails in Singapore, best cosmetic stores in Tokyo and best new restaurants in HK. Around 40 articles in total with short summaries on each. Enjoy… Chinese schoolgirl shamed for using robot to […]

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Finance and Econ From the Web: Best Factor Investing Models, Why Young Adults Won’t Leave Home, Bernanke On Fed Policy During Next Recession

February 19, 2019 Bilal 0

For some reason there’s a slew of articles on factor investing and trading models – some are positive and some are scathing. Also, good articles on the impact of economic news in negative rate environments (not much), how banks trade post-Volcker (less equity risk) and a review of CDS markets. On policy, there’s a bunch of articles on how to ease policy when rates are low, the challenge of services-based economies on VAT receipts and whether GDP is the right target for policymakers. Elsewhere, there’s a great history on parties splitting in the UK, how EU populism could be peaking […]

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Best Of the Web: How Youngsters Photoshop Their Faces, Rise Of AI Lawyers and Top Soccer Players

February 7, 2019 Bilal 0

Today’s edition leans more towards the arts than tech. Some good articles on fashion trends, including 2019 being the year to grow your hair out (for men). On the health-front, self-propelling pills could replace injections, the benefits to your brain of running and can you eat snow?! I have a bunch of lists: movies to watch on Netflix and Amazon, the best True Crime podcasts and new restaurants. There’s a great article on how hedge fund capital, Greenwich Connecticut is becoming more diverse. Also, an excellent interview of the Wu-Tang Clan, a scary deepfake of Steve Buscemi and Jennifer Lawrence […]

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Finance and Econ From the Web: Countries Are Dropping Wealth Taxes, Involuntary Part-Timers, How AI Could Collude

February 5, 2019 Bilal 0

There’s been a flurry of pieces on inequality and taxes thanks to new proposals by US politicians, I include the best ones.  They range from how Trump tax changes could boost productivity to how immigrants claim less retirement/social security benefits. Some interesting inflation pieces including on using median inflation rates rather than core inflation. A great piece on why the US’s fertility rate is falling (twenty-somethings having less babies and less unintended pregnancies). A piece on ignoring financial TV, another on a new EU policy that could rupture the euro-area and responses to the US’s latest withdrawal from a nuclear […]

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Best Of the Web: Don’t Quit For Your Dreams, Sleep Problems, AI Ethics

January 31, 2019 Bilal 0

A bunch of good articles on self-improvement from valuing time more than money, how to stop smoking and joys of classical music. Then on the tech front, robots to park your car, detecting diseases from your breath and robots that can hear your thoughts. On the pessimistic side, big tech messes up on targeting children, questions open up about tracking location data for real estate developers and the ubiquity of Google. Finally, on the fun side, which hip hop star uses the widest vocabulary, who are the non-music power players in the music industry and the latest MBA ranking.  

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Finance and Econ From the Web: Japan Overcoming Ageing, IQ Affects Inflation Expectations, Real Cause Of Populism

January 29, 2019 Bilal 0

Close to 50 articles this week, each with short summaries. A good range of articles on politics that look at majority identity and populism, Trump and Ocasio-Cortez’s social media strategy and Soros’ attack on China. On the macro side, a good article on how the non-manufacturing sector needs to be elevated as a driver of the business cycle, another on how inflation expectations are formed (depends on IQ and news source) and some on wage suppression issues. There’s a nice selection of articles on climate change including on pro-and anti-protests, the language of climate change and increasing frequency of high […]

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Best Of the Web: Amazon’s 6-Wheel Delivery Robot, Most Expensive City and Drinking A Gallon Of Water A Day!

January 24, 2019 Bilal 0

Over 50 articles this week (with short summaries as usual). I lean a bit more tech with stories on Japan going cashless with blockchain, Huawei’s culture vs Lenovo’s and Apple’s data registry idea. I have a special section on new jobs like renting a sister, dating app ghostwriter and retail arbitrageurs (buy at Walmart, sell on Amazon). On self-help, how to be courageous, get rid of bad breath and free online Ivy League courses. With the Oscars almost upon, I have a section on movies, including worst movies of the year (Gotti!). Finally do you know what the longest continuous […]

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Finance and Econ From the Web: Leverage Loan Boom, Investors Lazy When Selling, True China GDP

January 23, 2019 Bilal 0

There are some really good pieces on sustainability of high public debt (not always a mess), and the rise of leverage loans. On inequality, we get more confirmation of widening inequality, how universal basic income could work and how US tax cuts mainly helped US corporates. There’s a bunch of bearish articles on China, some ideas for Europe and the revival of Japanese  millennial buying power. I’ve also included some articles on the impact of changes in global trade including the impact of Brexit on the UK and the rest of Europe. Finally, on the financial markets side, a new […]

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Best Of the Web: Apple’s TV-Set Future, Coffee Heals DNA and Podcast Lists

January 19, 2019 Bilal 0

I’ve overweighted health and self-help articles this week to keep the momentum going on New Year’s resolutions. Apparently, the third Thursday of January is when things go downhill. For inspiration then, I have articles that suggest reducing red  meat to help the planet, focusing on your VO2 capacity to measure your health and techniques to slow down. On the tech front, another massive data breach, Apples future could be TV and as much as half the internet could be populated by bots rather than humans. Then I have some excellent lists of podcasts, some fun images and an excellent essay […]

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Finance and Econ From the Web: Super-rich Don’t Stay Rich, Robots Take Jobs, Tech Cold war

January 16, 2019 Bilal 0

Some insightful articles on the super-rich, notably  they get killed in China and  they have to work in the US. I’ve found some good articles on China, particularly on various inefficiencies in innovation subsidies and coal production. I also highlight the growing tech war between the US and China. Then there are some good articles on currency factors, market volatility and common-share holdings. On the economics front, there’s a study that shows that happiness is linked to the provision of public goods, how sovereign debt levels may not be as much of a constraint as many think and how changing […]

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Best Of the Web: New Tech Toys, How To Read More, What’s the Worst Pain…

January 10, 2019 Bilal 0

The best of new consumer products have been on display at the CES conference in Las Vegas, and there are some pretty cool ones. Elsewhere, a bunch of “how to” articles :  holding chopsticks, using your smartphone camera, learning a new skill. On the science front, several great articles including alien radio signals, the intelligence of crows and pictures of an atom.  There are scary big brother developments such tech attaching to bees! And a few articles on Big Tech and much much more. Enjoy!

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Finance and Econ From the Web: Taxing the rich, Euro’s 20th birthday and US military map

January 8, 2019 Bilal 0

Here’s my first curation for 2019 and there were some surprisingly good pieces produced over the past month. We have Paul Krugman, Ken Rogoff and Larry summers wade into policy waters – they disagree on the use of fiscal stimuli, taxing the rich and negative rates. There were a swathe of articles on the euro’s 20thbirthday – all agree the construct is imperfect but they vary in their pessimism on its future. There are some great data and charts; notably Chinese growth data back to the 10th century and which countries the US media has obsessed about over the past 100 […]

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Best Of the Web: Richest Celebrities of 2018, Elon Musk Space Movie, and Slow Chewing

December 20, 2018 Bilal 0

In my last “best of” list of 2018, I’ve picked a lighter selection of articles. All of them will give you  a smile. You’ll discover that the Scandis may be not so perfect after all as they are not that generous. We find out which books have featured most in end-year lists. There are some funny videos including one with Home Alone’s Macaulay Culkin. And Ever wondered what a terrible map  looks like? You’ll find out. Enjoy!

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Finance and Econ From the Web: End Of IRS, Best Finance Twitter Accounts, Weather Risks In 2019

December 19, 2018 Bilal 0

Some excellent articles on politics this week including one on how populism has actually been on the rise since the 1980s and another on how governments could suppress dissent on social media. There’s a bunch of good outlooks and risk scenarios for 2019.  A good article on the evolution of Warren Buffet investment style. Some useful pieces on yield curves and growth across G7. And some fascinating pieces on China. Enjoy.

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Best Of the Web: Trending Google Searches Of 2018, Things That Won’t Exist in 25 Years And Optimal Exercise Duration

December 13, 2018 Bilal 0

Facial recognition tech has entered music concerts, China has the largest telescope dish on earth (0.5km wide), a depositary of start-up pitch books and a breakthrough in cancer detection are some of the tech/science stories I feature. On the culture side, I have “Instagram sitters” (!) for when you go away, how K-pop is influencing global fashion and Puma’s dorkiest shoe ever. Then there are lists of best TV shows of the year, strangest facts and Hollywood winners and losers. And there’s much much more so make sure to scroll all the way down. Enjoy. 

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Finance and Econ From the Web: Gigantic US Housing Boom, Piketty On Yellow Vests and Is China Trade Unfair?

December 11, 2018 Bilal 0

The Fed has released interactive charts on where long-term Fed policy rates should be (or r*). There are also a range of papers that look at how the Fed could have conducted policy differently through the crisis (target money not interest rates), some techniques on discerning the impact of Fed policy on the economy and the conditions needs for hyperinflation. Meanwhile, Robert Shiller is worried about a huge US housing boom, Thomas Piketty is worried that Macron has catered too much to the rich and Jeremy Grantham is worried about climate change. There are a bunch of papers on equity […]

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Finance and Econ From the Web: Seth Klarman on Capitalism, Female Employment Explains Slow Recovery and AI Investing

December 4, 2018 Bilal 0

Every week I get surprised by how much good quality work is available for free. This week, aside from the articles mentioned in the subject line, we have some articles on the poor performance of US university endowment funds, how climate change responsible companies see their stock prices go up, and some new data sources on uncertainty and partisan conflict. There are some insightful papers on house prices at the country and city level. A slew of articles on US monetary policy –  why hasn’t QT seen higher rates, is unmeasured productivity holding inflation down and should the Fed revise […]

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Finance and Econ From the Web: Non-Cyclical US Inflation, Drivers Of Financial Cycles and Curse Of Sludge

November 27, 2018 Bilal 0

I’ve got some excellent articles this week. Two papers on trading markets around events: one on equities and FOMC and one on bonds and auctions. Some good papers on how business cycles and monetary policy spills over from big countries to smaller ones. Another on the difference between the financial cycle and the business cycle. I have a bunch of articles on the growing “Cold War” rivalry between the US and China. And there a few on inequality. Finally, the FT has its recommendations for best econ books of 2018.     INVESTING and TRADING The Periodic Table of Investments […]

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Finance and Econ From the Web: Peak Oil Demand, Selfishness and Partisanship, Overstated Private Equity Returns

November 12, 2018 Bilal 0

Back to regular service for my weekly reviews of online articles. This week, I lean a bit more to politics with pieces on the flaws in the US primary system of nominating candidates, modernity and political identity and Euro-area reform. On the econ side, there are pieces on why investment in cloud services is under-reported, the lower bound on EM monetary policy and some geeky pieces on rates/FX risk premium. Oh and some fun pieces that include which law schools are “under-ranked”. Enjoy. Structural Economics (5) The Scandinavian Style of Capitalism Provides a more balanced perspective of the Scandi model […]

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Best Of the Web: Never-Ending Chewing Gun, Drone Taxis and China To Launch A “Moon”…

October 18, 2018 Bilal 0

There were some really good free articles available across the internet over the past week. One site started to feature books of the decades starting with the 1900s, another gives an excellent analysis on the coming tech war between the FANGS to win our houses, then there’s an essay on how the Silicon Valley super-rich are using a loophole from Trump’s bill to lower their tax bills and even one on how to live off-grid. As usual I have a broad range of articles, so make sure you scroll to the bottom. Food and Drink Section (3) Unlimited Electric Gum: […]

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Finance and Econ From the Web: True Net Worth Of Countries, US’s Digital Trade Zone, Cities As the Future

October 16, 2018 Bilal 0

This week, I have a varied selection of articles including a bunch on cities. Additionally, there a few on how US monetary policy may not work as fast you think, some new sovereign risk measures from the ECB, the UK’s Brexit experience from Roman times, China’s rich list and much much more. Enjoy.   Tech and Intangible Economy (8) America Is Losing Its Edge for Startups It used to be that 95 percent of global startup and venture-capital activity happened in the U.S. Today, it’s just over one-half.This mainly because of China over the past few years.

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Best Of the Web: Better Sleep, An App To Sue, Most Trusted News Source..

October 11, 2018 Bilal 0

There were lots and lots of great articles this week, so I’ve featured a bit more than usual. There are some good analyses on Facebook, tech evolution and some crazy apps. I’ve got some great guides to various cities, including the world’s best bars. Then there are some fun features on Japan’s new bullet train, an amazing academic hoax and new plans for a JFK airport upgrade. Enjoy Department Of Health (8) Experts Answered Every Question We’ve Ever Had About Sleep Covers all bases. Discovered that sleeping pills sedate you rather than make you sleep. Best tip for sleeping well […]

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Finance and Econ From the Web: Climate Shock, Which Countries Will Gain From AI, Amazon Effect On US Prices…

October 9, 2018 Bilal 0

Some big reports came out this week from the IMF, IPCC (climate change), McKinsey and the US military – all have a bearing on global macro. And as usual I find a bunch of other relevant articles ranging from monetary policy to inequality.   Climate Change and the Environment Global Warming of 1.5 °C The Intergovernmental Panel on Climate Change (IPCC) just released its latest report. We have 12 years to go before we hit the critical 1.5 degree increase in global warming (see chart at top of email), which could see some extreme weather effects. The report is very […]

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Best Of the Web: Disrupting the Internet, Saving Your Teenagers, Best Skill For Next 50 years..

October 4, 2018 Bilal 0

I’ve gone through piles and piles of articles and found the best from this week. I have some guides to TV and restaurants, some fascinating angles on  the web, and some good stuff on personal development and parenting tips. Enjoy! Surgery Of Self-help The Most Important Survival Skill for the Next 50 Years Isn’t What You Think Yuval Noah Harari (“Sapiens”, “Homo Deus”) explains why the best preparation is not learning code, but rather developing mental flexibility

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Best Of the Web: Top Restaurants In NY/Lon/Asia, Your Second Brain and That Street Fighter Game…

September 28, 2018 Bilal 0

I’ve scoured the web and gleaned over 50 great articles. More of a health and social scene vibe in this edition and some really funny articles. Enjoy. Ministry Of the Rich (4) Rich people are to blame for the rise of Lyme disease  The disease causes symptoms like swollen lymph nodes, fatigue and attacks on joints, muscles and even the brain. It causes by bacteria carried by ticks that thrive on forest left behind between developed lots. The edge between city and land provides the perfect shading and plant growth for these ticks. And it’s rich people who ask for […]

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Finance and Econ From the Web: Cyber Attack As Next Crisis, Bernanke vs Krugman and Chinese Inequality…

September 24, 2018 Bilal 0

Here’s my latest selection of articles from the around web (with no paywalls). Some are columns, others are papers, but I provide a brief summary for each. If I missed anything good, please let me know.   TECH AND THE ECONOMY (5) How a Cyber Attack Could Cause the Next Financial Crisis Harvard Business Reviews provides some scenarios and should be read with this Big Data and Machine Learning Won’t Save Us from Another Financial Crisis Fintech credit markets around the world: size, drivers and policy issues Useful summary from the BIS on the  state-of-play of fintech credit. China is […]

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Best Of the Web: Natural Hair Re-Growth, New Apple iOS and “The Rock” As President…

September 20, 2018 Bilal 0

I’ve gone through hundreds and hundreds of articles and picked out the best. There’s 40 in all with links and brief summaries. Enjoy! The new iPhone iOS upgrade is great… 19 Things You Can Do in iOS 12 That You Couldn’t Do Before The update has a bunch of new features from the “Memojis” (you create your own emojis) to better battery life and notification management to the ability to track how much time to spend on your phone (ScreenTime).I particularly like (9), which  is the new app called “Measure” that allows you to use the in-built AR to point […]

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Finance and Econ From the Web: Night lights measure growth, why are rates so low, are bankers liberals or conservatives….

September 19, 2018 Bilal 0

I thought I’d have a separate “Best Of the Web” devoted to economics and finance. Below I’ve found 30 articles and academic papers on macro and finance. Some are easy reads and others are denser, but I’ve summarised each one. Oh, if you come across anything interesting that I’ve  missed, then flag it to me and I’ll include it in my next list.  Enjoy! North and South Korea at night , 1992 vs 2008