Sat.Aug 17, 2024

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A Dramatic Two-Day Change in GDPNow Forecast, Here Are the Details

MishTalk

A slew of economic reports on Thursday plus a residential construction disaster on Friday caused a huge decline in the GDPNow estimate. Details below.

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In defense of the hard parts

Seth Godin Blog

Yesterday’s post was a little glib. Without a doubt, we add more value when we focus on the emotional labor of important work, leaving others the chance to create commodities. But the repetitive, difficult nature of leaning into commodity production can give us insight, humility and skill. It helps us understand just how hard the hard parts are, and creates an opportunity to bring innovation to the work to be done.