My morning WFH reads:
• Shaking evaluations: The price-to-revenue ratio offers little insight into the future trends of the market, no matter your preferred approach.
• Jamie Dimon warns that private credit is risky – yet JPMorgan plans to engage in it: Banks are set to invest $50 billion in lending to high-risk companies to rival non-bank competitors. Walgreens is involved in reward systems.
But really, Is the PE machine broken? It seems private equity firms are eyeing over $1.5 trillion in investments, but that’s more than investors are pulling back in distributions.
• Streaming Wars Part 2: YouTube vs Netflix: These two major platforms have different strategies, but their ultimate aim is the same: dominating the television landscape.
• Zillow says homeowners are prioritizing curb appeal over kitchen upgrades in 2025: In a year of rising costs, homeowners are reportedly willing to spend on enhancing their mailboxes, even if it’s more about first impressions than resale value. I mean, let’s be honest. A better curb can really boost a property’s selling price!
• Declines in immigration are significantly affecting GDP growth, with minor impacts on inflation: Following a sharp rise in unauthorized immigration from 2021 to 2024, the subsequent decline has negatively influenced economic growth. Projections show that GDP growth could be 0.75 to 1 percentage point lower than anticipated based on historical trends and existing models through late 2024.
• No bluff: tariff rates have risen under Trump: The president has made a name for himself regarding tariffs, steadily increasing U.S. tariffs and altering the global trade landscape.
• Freedom in death: While death is inevitable, the ability to make choices about how and when we leave this world offers a small sense of freedom and dignity.
• At 66, I aimed to regain my health. Was it too late?: A journey toward better well-being led to reduced drinking and increased exercise, igniting inspiration around aspects of life that help the body resist decline.
• He may have thwarted an assassination attempt on Trump. Now he shares his story: In his first in-depth interview since the event, 46-year-old Army veteran Aaron Zariponi recounted the dramatic circumstances surrounding the “ninth shot” incident.
• Interview with the Grody-Patinkin family, who are creating waves: After 45 years of marriage, the couple has experienced a newfound appreciation for each other, becoming stars on social media during the pandemic, thanks to their son Gideon’s TikTok videos. These clips of family life filled a void for viewers seeking a touch of intimacy.
Consider tuning in to the Master of Business interview this weekend with Neil Dutta, head of the Economic Research Team at Renaissance Macro Research. He’s had a notable track record with some surprising predictions, such as not forecasting a recession in 2022 while warning of Federal Reserve actions.
