Economist Michael Spence won the Nobel Prize for his theory of signaling. In this short video from Big Think, he explains how it’s applicable to someone trying to win over a love interest:
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Mick Weinstein
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Possible Fed policy shift may be weighing on the minds of investors
Fed officials’ mixed comments on interest rates led to a volatile week for stocks, with all three major averages ending the day down over 1% for the first time in a month.
The Federal Reserve’s aggressive monetary policy tightening is slowly helping to moderate inflation, but it has more work to do to tame price increases in the sticky services components which will likely require further slowing in the labor market. Wage pressures remain strong driven by a tight labor market and consumption is slowing while GDP growth is easing.
These bonds are volatile but have performed well