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News From the Control Tower - 7/15/2020 Thumbnail

News From the Control Tower - 7/15/2020

Interesting Reads this week include:

1. Even groups that regularly disagree on labor issues said there should be significant public investment in programs that can upgrade the skills of American workers.

The Pandemic Has Accelerated Demands for a More Skilled Work Force

2. A combination of low interest rates and industrial demand propel silver to new highs.

 Silver Soars, Outpacing Recent Gains in S&P 500 and Gold

3. Resignation of DeAnne Julius from the advisory board to China's sovereign wealth fund indicates a hitch in investment and business relationship with China.

 Hong Kong Security Law Prompts Departure of China Fund Adviser

4. Dallas Fed President Robert Kaplan said that managing the coronavirus is the most important issue for the economy now. “If we all wore a mask, it would substantially mute the transmission of this disease and we would grow faster,” he told Fox Business.

Wearing masks is now the most important thing for the economy, Fed’s Kaplan says

5. A decade of economic progress for America’s Black workers suddenly stopped in the mid-1970s. Why things had been improving, why that reversed, and what trade had to do with it.

We saw so many economists and finance-types recommending this podcast episode on Twitter this week that we had to listen.

Opportunities and setbacks for Black workers in the 20th century

Bonus:  Welcome to the viral world of hyper-realistic cake slicing videos.

This Pickle is a Cake