The Kellington Times
Guess Who's Showing Up The Wall Street Pros...
One of the quirky results of millions of people staying at home all day long is the fast-growing emergence of young, novice “investors” trading stocks online. Many have flocked to Robinhood, a trading app that’s built like a video game.
It is expected that Biden will sign an executive order on Monday to fulfill his campaign promise to “Buy American.” This order is intended to strengthen the lagging manufacturing sector in the U.S., in large part through federal procurement.
Miami Mayor Francis Suarez is hyping the fact that Miami will offer a business-friendly environment and be responsive to the needs of the incoming tech companies. To demonstrate his sincerity, he promises to hire the city’s first technology officer to provide “concierge services” to the companies, once based in Miami. This is part of the strategy to show that they want to help companies, while California doesn’t show them the love and attention—except when it comes to raising taxes.
Here is what’s happening now. There are two big issues that companies are preoccupied with: the ability to quickly roll out the vaccine and its efficacy, and how President Biden’s policies and programs impact the economy. Both of these actions will influence the health of the job market.
We tend to think of the future in terms of seismic shifts. The 1960’s The Jetsons cartoon portrayed the future as featuring flying cars, robot maids and a work-week consisting of an hour a day, two days a week. The more reasonable reality for the future of work is there will be incremental changes that will blossom into full-blown established trends.
There could be a dark side to the future of work. The adverse effects of the pandemic may restructure society—and not in the way we want. The rich will get richer and the middle class and poor will face grave financial and career challenges.
After spending over a year at home, wearing stained sweatpants and ripped graphic T-shirts, there will be a number of people who can't wait to get outside and go into the office. They’re tired of looking and feeling like a slob. They’ll put on suits and corporate attire to make themselves feel good. It will make people feel as if the outbreak was just a bad dream.
