Musings from the CU Suite

This Week's Reading Pile, Powered by NAFCU

Compiled by Anthony Demangone

Times change.

When my grandfather was young, the top three sports in America were horse racing, boxing, and baseball.  The NFL didn't exist.  Neither did the NBA.

Tomorrow, the Kentucky Derby takes center stage. A show of hands, please. How many of you plan on watching? Probably fewer than in Grandpa Tom's day. 

I just looked at the odds for a friend, and I like Vino Rosso. Sure, the horse has 12-1 odds. But Italian red wine has always treated me well in the past. I'm loyal like that. 

On to this week's reading pile. 

  • Fed maintains rates, cites inflation and labor market. (NAFCU Today)
  • Speaking of the labor market, look at this chart from Calculated Risk on weekly initial unemployment claims. Wow. (Calculated Risk)
  • Speaking of the labor market, some towns are paying you to move there. Now, that's a tight labor market. (WSJ)
  • Only 13% of Americans have "meaningful" work. (Fast Company)
  • This has to make a dent in something.  China installs nearly 10 Gigawatts of Solar in the first quarter, up 22%. (Cleantechnia)
  • How cold is the turkey? (Godin)
  • Vehicle sales down in April, face continued headwinds. (NAFCU)
  • Fast food problem: Where are all the teenagers? (NYT)
  • Richard Jenrette's 24 rules for success. (Ritholtz)
  • Small businesses are still optimistic. (NFIB)

Have a great weekend, everyone. 

Horseys.

 

About the Author

Anthony Demangone, Executive Vice President and COO, NAFCU

Anthony DemangoneAnthony Demangone, NCCO is Executive Vice President and Chief Operating Officer at NAFCU, where he oversees day-to-day operations and manages the association's education, marketing, membership, human resources, building facilities, finance and information technology functions.

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