Weekly Reading: Dec 13–19
Finance/Economics
CPI ( Consumer Price Index) and Core CPI.
- The consumer price index (CPI) surged 6.2% from a year ago in October, the most since December 1990.
- Core inflation (core CPI), stripping out food and energy, increased 4.6%, the fastest gain since August 1991.
- If you are curious to understand the difference between CPI and coreCPI, and why food/energy is left out of coreCPI, following article does a good job.
- https://www.frbsf.org/education/publications/doctor-econ/2004/october/core-inflation-headline/
ETF: This year’s inflows into ETFs worldwide crossed the $1 trillion mark for the first time at the end of November, surpassing last year’s total of $735.7 billion, according to Morningstar Inc. data. What are Exchange Traded Funds (ETF)?
https://www.investopedia.com/terms/e/etf.asp
Energy
Understand the Geopolitical Solar Wars of the 21st century, current big players in Asia, raw materials needed for Solar Power Generation, Subsidies by Countries and potential Job creation to Sustainable Energy
https://www.youtube.com/watch?v=X-CLMLrHcqU
Motivation/Life
- Spend time talking to yourself. Your perspective about yourself is the limit you set for yourself. Keep pushing through that roof by carefully molding your mindset, personality and belief. But first, you need to understand yourself through the process of introspection
Tech
Energy generation, Energy storage, Genetic sequencing, Compute, Vaccine, Space! Optimism over the next decade on how an overlap of these industries will lead to great innovations for consumers to benefit.
In case you missed, here’s the previous edition