Washington Post: ‘Crises reveal’: The pandemic changed how these women choose to spend their money. “Some millennial women are finding that although they can now access just about everything they could before March 2020, they can forgo — and even prefer skipping — things and experiences they once bought.”
Reuters: AI can see through you: CEOs’ language under machine microscope. “Executives, beware! You could become your own worst enemy. CEOs and other managers are increasingly under the microscope as some investors use artificial intelligence to learn and analyse their language patterns and tone, opening up a new frontier of opportunities to slip up.”
National Bureau of Economic Research: Banking-Crisis Interventions, 1257-2019. “We present a new database of banking-crisis interventions since the 13th century. The database includes 1886 interventions in 20 categories across 138 countries, covering interventions during all of the crises identified in the main banking-crisis chronologies, while also cataloguing a large number of interventions outside of those crises. The data show a gradual shift over the past centuries from the traditional interventions of a lender-of-last-resort, suspensions of convertibility, and bank holidays, towards a much more prominent role for capital injections and sweeping guarantees of bank liabilities.” There’s a prominent link to download a PDF of the paper, but you’ll need to scroll down a little further and look for “Associated Links” to download the dataset.
Brookings Institution: The external wealth of nations database. “For the past several years, Gian Maria Milesi-Ferretti, now a senior fellow in the Hutchins Center at Brookings, and Philip Lane, now chief economist of the European Central Bank, have been curating a database on external financial assets and liabilities for more than 200 countries that stretches back to 1970—the External Wealth of Nations. The Hutchins Center is now making the entire dataset [Excel download] widely available online and will update it regularly.”
Motley Fool: These Free Tools Will Make Anyone a Better Investor. “In this episode of Industry Focus: Tech, we take a break from talking about specific companies to loop listeners in on our go-to free resources for information on companies. We give a rundown of our favorite primary and secondary resources for information and spend some time talking about the decision that leveled the playing field for the average investor.” Video podcast with captions AND a complete transcript.
Vox EU: One-stop source for inflation: Introducing a new database. “Understanding the dynamics of inflation requires a comprehensive database that covers a large number of countries over a long period. This column introduces a new global database of inflation that has a significantly larger coverage than other databases as it includes multiple measures of inflation for up to 196 countries over 1970-2021. The database can be used in a variety of contexts.”
Wired: How to Nab Deals With Your Student Email Address. “COLLEGE ISN’T CHEAP, and we’re not just talking about tuition. Between the cost of books, living expenses, food, and going out, your budget is probably pretty tight. Good news, though: All you need is your school-provided .edu email address to take advantage of plenty of sweet student discounts. We hunted down the best deals and discounts for students. Use all that extra cash to treat yourself to something nice, like beer.”
Phys .org: Large number of Americans reported financial anxiety and stress even before the pandemic. “A substantial number of adults in the United States between the ages of 21 and 62 felt anxiety and stress about their personal finances well before the onset of the COVID-19 pandemic, according to a new report published today. Researchers found that financial stress and anxiety are highly linked to low levels of financial literacy, problematic financial behaviors and decreased financial security.”
Bloomberg: Using Artificial Intelligence to Sniff Out Corporate Greenwashers. “Barely a day goes by without a company talking up their green credentials–how they’re aligning themselves with global climate goals, cutting waste and upping their recycling. With all this corporate happy-talk about saving the planet on the rise, so are concerns about greenwashing. Investors and regulators are increasingly sounding the alarm about companies that exaggerate or misrepresent their environmental bona fides. That’s what prompted academics at University College Dublin to develop algorithms to help the financial services sector detect and quantify greenwashing.”
Cochrane Times-Post: Charities hoarded cash and failed to address crises during COVID: Report. “Canadian charities responded to the pandemic by hoarding cash and relying on government support, and most failed to pivot to address crises caused by COVID-19 and economic measures taken to control the spread of the virus, according to a comprehensive report by The Veritas Foundation.”