1.Ratio of Global Growth to Value Stocks Back to Pre-Covid Levels.
2.Russell 2000 Small Cap Sector Returns and Top 10 Stock Contributions. Dorsey Wright
3.More Healthcare Small Caps Coming? Investing in Healthcare Startups Hit $80B 2020
Venture Beat
4.I Went to Grab Lunch Today and Deli Counter Said…”No Longer Making Made to Order Sandwiches Due to Worker Shortages”…..Record High Job Openings and Compensation Rising.
https://twitter.com/PeterMallouk
5.Advisors are De-Risking Portfolios….And Looking for Dividend Payers.
https://twitter.com/DaveNadig
6.All Forms of Energy Will Be Needed to Meet Future Global Demand-ProShares
ETF.com
The world’s population is expected to grow to almost 10 billion people by 2050, and the global economy is expected to be almost twice as large as today’s.1 With continued economic progress, more of the world’s population will enjoy better living standards.
More people with higher living standards will require more energy. While it would be ideal if all the world’s energy needs were met with clean energy sources, there simply won’t be enough of it, at least for several decades. In the meantime, carbon-based fuels will remain a key component of the world’s energy sources. This continued use of carbon-based fuels means that ongoing investment in energy infrastructure will be just as critical as ever in supporting growing, developing populations.
ProShares: Future Of Infrastructure & Energy https://www.etf.com/sections/etf-industry-perspective/proshares-future-infrastructure-energy\
7.Five Weapons Companies Received $2 Trillion in Contracts During 20 Year War.
https://twitter.com/ianbremmer
8.Why Supply Chains So Tough? A Smartphone has 10,000 Parts….How About Chemical Elements of Smartphone?
9.Number of people with dementia set to jump 40% to 78 mln by 2030 -WHO
Reuters By Stephanie Nebehay
Number of dementia cases set to jump 40% by 2030
- Summary
- More than 55 million people living with dementia – report
- Prevalence on rise, set to affect 78 million by 2030
- Risk factors include diet, hypertension, depression
GENEVA, Sept 2 (Reuters) – More than 55 million people worldwide are living with dementia, a neurological disorder that robs them of their memory and costs the world $1.3 trillion a year, the World Health Organization (WHO) said on Thursday.
The progressive condition can be caused by stroke, brain injury or Alzheimer’s disease. With populations ageing, the number of sufferers is projected to rise to 78 million by 2030 and 139 million by 2050, the WHO said in a report.
Only one in four countries has a national policy in place to support dementia patients and their families, it said, urging governments to step up to the public health challenge.
“Dementia robs millions of people of their memories, independence and dignity, but it also robs the rest of us of the people we know and love,” said Tedros Adhanom Ghebreyesus, WHO director-general.
“The world is failing people with dementia, and that hurts all of us,” he said.
Health ministers agreed in 2015 on a global action plan, including early diagnosis and providing care, but are falling short on meeting targets by 2025, it said.
A man visits his wife at a care facility for elderly people with dementia in a glass house that has been built to combat loneliness after a visit ban was imposed due to the coronavirus disease (COVID-19) outbreak in Wassenaar, Netherlands, April 9, 2020. REUTERS/Piroschka van de Wouw/File Photo
“Dementia truly is a global public health concern and not just in high-income countries. In fact, over 60% of people with dementia live in low- and middle-income countries,” Katrin Seeher, an expert in WHO’s department of mental health, told a news briefing.
Medication, hygiene products and household adjustments for dementia patients are more accessible in wealthy countries, which have a greater level of reimbursement than in lower-income countries, the report said.
Dementia affects memory, orientation, learning capacity, language, judgement, and the ability to perform everyday tasks.
Seeher noted that dementia can also affect people aged below 65, with so-called young-onset dementia accounting for around 10% of all dementia cases.
But developing dementia is not inevitable and some risk factors can be reduced, by controlling hypertension, diabetes, diet, depression, and the use of alcohol and tobacco, the WHO said.
“These are the things that we can do to promote our brain health and decrease the cognitive decline and the risk for dementia. These are things that can be started at a younger age,” said WHO expert Tarun Dua.
Reporting by Stephanie Nebehay; editing by Edwina Gibbs
Our Standards: The Thomson Reuters Trust Principles.
10.Five Characteristics of Weak Leaders
Sometimes you learn from positive role models. Often you learn from negative ones. This is one of the reasons I love to read history—you inevitably get both.
For the last week or so, I have been reading Team of Rivals by Doris Kearns Goodwin. It is a page-turning account of Abraham Lincoln’s presidency and his political genius.
At the beginning of Lincoln’s first term, he appointed each of his former Republican rivals—those who had run against him for his party’s nomination—to cabinet posts. The narrative demonstrates his amazing ability to tap into a broad array of perspectives and create alignment among those who often disagreed violently with one another.
Unfortunately, Lincoln’s leadership was not perfect. He occasionally selected men for public service who were unworthy of his trust. One such individual was General George B. McClellan, commander of the “Army of the Potomac” and, eventually, first general-in-chief of the Union Army.
General McClellan had significant character flaws that I believe serve as warning signs to anyone in leadership. Ultimately, these cost him dearly: He lost Lincoln’s confidence, his job, and a run for the White House (against Lincoln). Worse, they prolonged the Civil War and cost the lives of tens of thousands of soldiers on both sides of the conflict.
Here are the five flaws I jotted down as I read the book:
1. Hesitating to take definitive action. McClellan was constantly preparing. According to him, the Army was never quite ready. The troops just needed a little more training. In his procrastination, he refused to engage the enemy, even when he clearly had the advantage. He could just not bring himself to launch an attack. When Lincoln finally relieved him of his duties, he famously said, “If General McClellan does not want to use the army, I would like to borrow it for a time.”
2. Complaining about a lack of resources. He constantly complained about the lack of available resources. He didn’t have enough men. His men weren’t paid enough. They didn’t have enough heavy artillery. And on and on he went. The truth is that, as a leader, you never have enough resources. You could always use more of one thing or another. But the successful leaders figure out how to get the job done with the resources they have.
3. Refusing to take responsibility. McClellan was constantly blaming everyone else for his mistakes and for his refusal to act. He even blamed the President. Every time he suffered a defeat or a setback, someone or something was to blame. He was a master finger-pointer. Great leaders don’t do this. They are accountable for the results and accept full responsibility for the outcomes.
4. Abusing the privileges of leadership. While his troops were struggling in almost unbearable conditions, McClellan lived in near-royal splendor. He spent almost every evening entertaining guests with elaborate dinners and parties. He insisted on the best clothes and accommodations. His lifestyle stood in distinct contrast to General Ulysses S. Grant, his eventual successor, who often traveled with only a toothbrush.
5. Engaging in acts of insubordination. McClellan openly and continually criticized the President, his boss. He was passive-aggressive. Even when Lincoln gave him a direct order, he found a way to avoid obeying it. In his arrogance, he always knew better than the President and had a ready excuse to rationalize his lack of follow-through.
President Lincoln had the patience of Job. He gave General McClellan numerous opportunities to correct his behavior and redeem himself. But in the end, McClellan either could not or would not do so. He left the President no choice but to relieve him of his duties.
These same character flaws afflict many leaders today. The best safeguard is self-awareness.
Question: Do you see any of these flaws in your own leadership? What can you do to correct them now—while you still have time? You can leave a comment by clicking here.
https://michaelhyatt.com/five-characteristics-of-weak-leaders/