Good morning. Earlier this week, I traveled to Target headquarters in Minneapolis to interview newly minted CEO Michael Fiddelke. (You can read my full story here.) Target had just reported a fourth straight quarter of comparable sales decline, continuing a slump that has seen it lose market share to many rivals. That same day, Fiddelke outlined for an audience of Wall Street analysts an ambitious plan he said would bring the most change Target has seen in a decade. But Fiddelke, a 23-year company lifer who took the reins five weeks ago, said that plan can’t work unless Target returns to a culture of talking honestly about failures.
Уточняется, что авиакомпания Emirates отказалась пустить россиян на рейс с острова Мале в Дубай из-за гражданства — якобы на борт они берут лишь граждан ОАЭ. Представители перевозчика не стали давать разъяснений относительно судьбы клиентов, не являющихся резидентами ОАЭ.
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Do I agree with that? I do not. Because there are just any of a number of ways in which this kind of distorts reality. The easiest and maybe least consequential case happened on a Coinbase earnings call where Brian Armstrong pulls up Polymarket, and he looks at the bets that he would say certain words. Then he reads them off and all of those bets resolve because he has chosen to resolve them in a specific way. That’s a pseudo-event. That’s maybe not the biggest deal, but it is still a way in which these betting markets are affecting reality.，推荐阅读PDF资料获取更多信息
However, if the war and the effective closure of the Strait stretch beyond the market’s four-week expectation, the economic consequences could become dire. If regional storage facilities run out of space and production is forced to shut down, the market will only be able to rebalance through forced “demand destruction”. “To generate substantial demand destruction, prices may have to rise into triple digit territory,” Struyven warned, adding that the length of the disruption is the single most important variable in the market right now. Every sustained 10% increase in crude oil prices raises headline inflation by about 0.3% and reduces disposable income by the same margin.