Hi, everyone. To get your week started, we read about Goldman Sachs startup bank that may threaten the culture of big-banking in finance. We think our professional decline is something that comes with old age, but we look at an article that might surprise you about how early that actually comes. You might be unfamiliar with the term “snowplow parent”, but you should be aware of this trend in parenting that might be favoring their child’s sports ambitions at the expense of life experience. And we read an interesting article that makes a case for why Donald Trump might drop out of the coming 2020 election.
Goldman Sachs has a three-year-old startup consumer bank called Marcus that’s already got more customers and deposits than most banks. So is it a scrappy startup, or a badass incumbent?
It’s not true that no one needs you anymore.” These words came from an elderly woman sitting behind me on a late-night flight from Los Angeles to Washington, D.C. The plane was dark and quiet. A man I assumed to be her husband murmured almost inaudibly in response, something to the effect of “I wish I was dead.”
In football as in other sports, they’re drawing up business plans, starting marketing agencies, turning up at practice and even monitoring phone use. But by clearing out every obstacle on their kids’ road to stardom, hyperinvolved moms and dads threaten to deprive young athletes of critical life experiences. And they’re driving coaches and agents nuts.
President Donald Trump may decide not to run for re-election, according to DoubleLine Capital CEO Jeffrey Gundlach.
A study on the National Retirement Risk Index found that 46% of married women are at risk in retirement — compared with about 39% of single women.