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10 Tuesday AM Reads

Barry Ritholtz

There’s new evidence that market timing doesn’t work. New York Times ) see also The “Art” of Market Timing : Market timing is extremely difficult, very few people (if any) do it consistently well. New York Times ) see also Wages are rising. New York Times ) • The Biggest Delivery Business in the U.S.

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Yes, Twelve Dollars Is a Good Price for Two Batteries–Under the…

CFO News Room

It was anywhere from two to four times as much as I would have paid for batteries on Amazon.com or at Walmart. He was selling me batteries in a particular place at a particular time–he was selling convenience , in other words. The $6 price tag for each battery sent a not-so-subtle social message. But I paid the $12.

Economics 130
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10 Weekend Reads

Barry Ritholtz

New York Times ) • How creators became an economic juggernaut and the new American Dream : Millions have ditched traditional career paths to work as online creators and content-makers, using their computers and phones to amass followers and build businesses whose influence now rivals the biggest names in entertainment, news and politics.

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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

Pakistan has the distinction as a country where only some economic transactions happen on the books. The app, called TAG, will work to provide assistance for the 100 million Pakistan adults who are unbanked.

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Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 130
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Apple Pushes Toward Redesigned iPhone Release

PYMNTS

Apple’s annual release of new products is highly anticipated — but difficult to predict in terms of timing and the extent of the changes the company makes. as they ponder the potential timing of this flagship product rollout,” said Wedbush analyst Dan Ives. In general, Apple’s penchant for secrecy make predictions on timing difficult.

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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. The traditional bank model is appealing to the higher economic strata.