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Archives for March 2022

COVID Has Paved the Way for More at Home Medical Tests

March 3, 2022 By Jeremy Jones, CFA

For years, testing companies have been lobbying for the ability to produce more at-home tests for things like flu and strep throat. Now that the world has gone through an at-home test crash course during COVID-19, they may get what they wanted. Austen Hufford reports for The Wall Street Journal: The Covid-19 pandemic has hastened consumers’ willingness to test for more medical conditions at home, test makers said, expanding the market for self-diagnostic products. Manufacturers are developing new types of at-home tests, including for flu and strep throat, aimed at consumers who are … [Read more...]

Your Survival Guy’s Super States on $1 a Day?

March 2, 2022 By E.J. Smith

You want to see Your Survival Guy’s Super States on a buck a day? In my conversation with you yesterday, you said, “Hang on Survival Guy, we just arrived at the RV manufacturing plant in Iowa.” There’s a brief pause, I’m put on speaker, and I hear my client say “OK hon, you can drive. I have him on speaker.” Not knowing their travel plans just yet but knowing they would be available at this specific time, I was curious. “What’s up? Where are you guys?” I asked. “We just picked up an RV,” they said. “We flew into Minneapolis last night, we’re in Iowa now, and just left the lot. For a dollar … [Read more...]

How Can Pension Funds Manage Biden-Era Inflation?

March 2, 2022 By Jeremy Jones, CFA

Pension funds are once again facing a challenge they haven't encountered in many years, heavy inflation. The first year of the Biden administration has seen inflation soar, and retirees are having trouble keeping up. Now pension funds are wondering how and if they can raise payouts. Heather Gillers reports in The Wall Street Journal: Rising inflation is driving up expenses for many large U.S. pension funds that have promised retirees cost-of-living raises. About half of states link pension benefits for some or all of their retired workers to changes in the consumer-price index, according … [Read more...]

Your Survival Guy: What’s Really Changed for Russians?

March 1, 2022 By E.J. Smith

“For the last twenty years, at Syracuse University, I’ve been teaching a class in nineteenth century Russian short story translation,” begins George Saunders in A Swim in a Pond in the Rain: In which four Russians give a master class on writing, reading, and life. “My students are some of the best young writers in America. They arrive already wonderful. What we try to do over three years is help them achieve what I call ‘iconic space’—the place from which they will write the stories only they could write, using what makes them uniquely themselves—their strengths, weaknesses, obsessions, … [Read more...]

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