Twitter IPO’d! Which means that early Twitter employees and investors are probably going to make mad bank, and the rest of us get to speculate about What It All Means without really knowing what we’re talking about — my favorite pastime!
I’ve decided that we don’t need to be worried because it just feels better, not to be worried. Also, there is nothing we can do about it (besides yell at our elected officials to get it together). Just stay on our toes. Be agile. Retain flexibility.
On the first Friday of every month, the Bureau of Labor Statistics release their monthly jobs reports. Media organizations who cover business and economics love to talk about the numbers, and since everyone else covers it, I tend to stay out of it and for other reasons too. Here’s the report for today…
“Wall Street is not so much like a haunted Victorian mansion as a quiet, creeping fungus right where you live: it grows fast and takes root everywhere, silently.”
Heidi Moore explains how markets work.