I spent a good amount of the weekend catching up on some reading … but by the time Sunday night came along I realized I feel I knew less about the virus than I did before I started to sit down and try to get updated on the news.
I mean … I am so confused. One article told me the Pfizer vaccine (which I received) has an effectiveness that drops significantly four months after the second dose … while other claims are that you would get sick, but not severely so. Okay, I took comfort in this until … of course … I heard yet another story of a fully vaccinated person passing away. I’ve just about had it and am tempted to move away from Pfizer and substitute it with Johnnie Walker.
Still, I get the feeling that others are also a bit confused (and worried) … as stock futures show markets will be opening in sharply negative territory in a few hours.
I think it’s just that things don’t feel right … or, at least, comfortable … and this is being seen in the early morning action of investors.
I keep hearing from restaurant owners I speak with that staffing is an enormous problem … and an increase in pay isn’t seen as an attraction anymore. According to The Conference Board, the most popular aspect of a new job is a “flexible work location policy,” ahead of pay.
Many people give projections of when things will “return to normal” … well … I’ll give my opinion on this by saying I don’t think the work environment will ever return to the way it was.
But this does not mean the downfall of employment.
Forbes had an interesting article with the headline: “The Job Market is Hot: Now is the Time to Build Your Career.” This seems to make perfect sense … especially if you are just starting out. Imagine you work in a restaurant and the owner is having a tough time staffing the place. One thing you might do is show up … even if you can “make more money sitting home” for you will have more focused training and forever earn the appreciation of someone who can help you advance. If you are just working for the pay, that’s one thing. But if you want to build a career, now might be that perfect time to show just what you can do.
That’s about it for today. I mentioned once before that I was going to write a book someday and I may actually start it.
It will be a book about all the things I should be doing with my life.
It’s an oughtobiography.
Have a great day,
Joseph G. Witthohn, CFA
Emerald Asset Management PA, LLC
610 Freedom Business Center Drive
King of Prussia, PA 19406
Direct: (610) 285-9905
cell: (856) 625-7915
As of 6:23 AM today …
Quick Look at the News
It appears that taxes will be rising … but what is unclear at the moment is for whom … and to what extent (CBSNews)https://www.cbsnews.com/news/capital-gains-democrat-tax-plan-28-8-percent/
… but the common theme seems to be to “tax the rich” … though past attempts to narrow the “wealth gap” have had very little success (CNN)https://www.cnn.com/2021/01/15/success/wealth-divide-housing-market/index.html
Is the world coming to an end? Many who claim to be environmentalists would have you believe so, as a continuation of global warming could lead to catastrophic outcomes in places (CNN)https://www.cnn.com/2021/09/17/us/catastrophic-climate-change-un-report/index.html
… but there are calls out there for individuals to take action … though how many of these things are just window dressing and won’t help at all? (Salon)https://www.salon.com/2021/09/19/a-proposal-to-plant-a-trillion-trees-to-save-us-from-climate-change-may-not-be-realistic-heres-why/
A lot of things come down to marketing … I mean … it is rare to see a fossil fuel ad today without the message being that this group is making the world a greener place. Right. (BusinessInsider)https://www.businessinsider.com/fossil-fuel-companies-spend-millions-to-promote-individual-responsibility-2021-3
You enter a room and want to strike up a conversation with someone. How do you do it? Just say “hi.” There are many ways to win people over. Here are some hints (YourTango)https://www.yourtango.com/self/seven-clever-ways-win-anyone-over-just-one-minute-according-experts
The statements above are supplied for educational purposes only. The statements depict the viewpoints and opinion of the author and are not necessarily the views of Emerald Asset Management or its affiliates. The information described herein is taken from sources which are believed to be reliable, but the accuracy and completeness of such information is not guaranteed by us.