Musings from the CU Suite

Compiled by Anthony Demangone, Powered by NAFCU

Ah, the power of a good conversation.

Have you ever had a short conversation that completely changed your outlook? I know I've had many.

Early in my career, I was complaining about the hustle and bustle of D.C. to a credit union CEO.  He listed, and simply said the following.

"You know, there are roads and airports."

My puzzled look made him continue.

"Anthony, there are roads that go all over this country. And airports. And buses. If you don't like something, I'm not sure what complaining will solve. If you don't like D.C., then go someplace that you'd like."

Well, that was that. I wasn't unhappy in D.C. I just had fell into the trap of complaining. And the CEO reminded me that I was in control. Don't complain, act.  Fix it.

I remember conversation like it took place yesterday.  How about you? Any conversations that changed your outlook?

And with that, let's venture on to this week's reading pile.

• Levi’s CEO says Amazon’s $20 an hour wages are forcing the jeans maker to rethink worker pay amid the tight labor market. (BI)
• U.S. IRS chief asks Congress for authority to collect cryptocurrency transfer data. (Reuters)
• Tracking the return to normal. (Morning Consult) This is a great collection of consumer-sentiment data related to dining, travel, school, etc.
• Fastly’s mega web outage won’t hold back edge computing. (Forbes) I have to admit, I wasn’t aware of edge computing. This article gives a nice background.
• Berkshire Hathaway invests $750mm into a Brazilian digital bank. (Forbes)
• POV article about how the current remote-worker migration is upending local housing markets. (BI)
• Getting the goalpost to stop moving. (Collaborative Fund)
• Housing and demographics. (Calculated Risk)

Have a great weekend, everyone!