Hope everyone’s week is going well.
Today we’ll be looking to give a comprehensive snapshot of global news and markets since we’ve added another 1,000 subscribers in the last couple weeks. It’s more important than ever to be up to date on what’s happening across the world as many of our predictions seem to be increasing in probability.
Today we will explore the phenomenon of shitcoin/meme coin pumps as well as the crisis unfolding at the Southern Border in the US. The Durham Report revelations have dropped, Russia has ramped up attacks on Ukraine, and the markets seem to be teetering at the moment in anticipation of the Fed’s next move.
If you’re new here, at Arb Letter we aim to synthesize and consolidate the most relevant and impactful global financial and geopolitical news in order to educate our readers on the world around them.
Legacy institutions and media outlets have proven time and time again that they cannot be trusted to reliably report the truth and we aim to fill this void. Without factual or unbiased updates - nobody - not investors, not traders, not everyday citizens, can make the best decisions for themselves based on that information.
To me I get the sense we are close to a larger market move in either direction as investors scramble to batten down the hatches or deploy back into risk on assets that will appreciate as we move out of the larger depression we’ve watched the last several months.
One of them that we know is important to most of our readers is the recent development of strong back to office pushes and the implications of those returns.
It appears that JPMorgan is one of many companies that is taking micro managing to a new level with new technology that gives them detailed profiles on all employees, how often they are working, where they are working, and even information as granular as how the person is feeling (facial expressions, mood, and demeanor). dystopian, surreal, and invasive — but is it surprising?
Cameras and automated tech are being utilized to make sure that the worker bees allegiance to their institutions does not falter. We covered some of these principles in our latest post The Chad Guide to Remote Work.
Companies are eager to cut costs, streamline, and lay off employees who aren’t productive and this implementation of technology is the next step towards ultimate control over how employees work, how often they work, and where they are spending their time.
It certainly won’t stop wont stop with JPM….