Archive June 2021

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Week InAdvance: June 28, 2021

Mon Jun 28 Wimbledon and the Tour de France get started, both with spectators. | Tue Jun 29 FDIC fintech forum. EC publishes its summer economic forecasts. | Wed Jun 30 Crypto and climate risk get House hearings. OECD finalizes global tax proposal. | Thu Jul 1 Chinese Communist Party Centennial. OPEC+ meeting on output. | Fri Jul 2 U.S. employment report for June. World UFO Day.

Week InReview: June 25, 2021

Hybrid + Tech
Illustration: Glenn Harvey/NYT
When the pandemic blended our professional and personal lives by forcing many of us to work from home, we learned a valuable lesson about tech.
Now as some white-collar professionals prepare to return to the office, many businesses are planning a so-called hybrid model, in which workers split their hours between the office and home. And therein lies a new tech challenge.
— The New York Times

Week InAdvance: June 21, 2021

Mon Jun 21 Biden meets with financial regulators. | Tue Jun 22 Powell to testify on lending, recovery. | Wed Jun 23 20th annual BIS conference. | Thu Jun 24 Fed releases results of stress tests. | Fri Jun 25 U.S. personal income/spending.

Week InReview: June 18, 2021

The post-pandemic employee.
Illustration: Martin Tognola/WSJ
The employees who return to the office after a year of remote work aren’t the employees their bosses remember.
They have spent over a year adjusting to a radically different rhythm — both in terms of work and their personal lives. They have shifted their working hours, and learned to manage their own tasks without oversight. They may place more value on their family time or personal priorities, and perhaps been forever changed by a loss or health concerns. After a year of working in solitude, many have come to expect more control over how, when and where their work gets done, and to have greater autonomy relative to their managers and organizations.
They may not even feel like they need a whole lot of managing anymore.
— The Wall Street Journal

Week InAdvance: June 14, 2021

Mon Jun 14 NATO summit in Brussels. | Tue Jun 15 EU-U.S. summit in Brussels. | Wed Jun 16 FOMC rate decision. Biden & Putin meet in Geneva, without a lot of nice things to say about each other’s policies. | Thu Jun 17 Janet Yellen testifies on budget before house panel. | Fri Jun 18 EU Economic and Financial Affairs Council meets in Luxembourg.

Week InReview: June 11, 2021

Business travel redux.
The Outpost Canggu Coliving Villa in Bali
There are plenty of cringeworthy buzzwords for those who don’t like their working lives to be tied to one place. The hashtag-fluent millennials heading for Canggu or Chiang Mai tend to be “digital nomads,” “glomads,” or even “techno-gypsies,” while the more sober prefer simply to go with “location-independent”.
Once the preserve of tech-industry freelancers, the blending of work and leisure travel is becoming increasingly mainstream.
Whichever corporate policies win the day, there’s little doubt that a growing band of increasingly untethered workers is set to change both work and travel. More and more of us might have to admit, perhaps with a grimace, that we are “glomads” now.
— Financial Times

Week InAdvance: June 7, 2021

Mon Jun 7 Basel Institute on Governance course on crypto, financial crime, and AML compliance. | Tue Jun 8 ARRC Sofr symposium. | Wed Jun 9 Senate hearing on CBDCs. | Thu Jun 10 Senate hearing set for CISA. SEC investor panel meets. U.S. initial jobless claims, CPI. | Fri Jun 11 FSOC meets on money market mutual fund reform and Libor. G7 leaders' summit in Cornwall.

Week InReview: June 4, 2021

Week InReview
Friday | Jun 4, 2021
Grounded no more.
Offices aren’t dead. And business travel isn’t dead either.
Photo: Sean Gallup/Getty Images
Some companies that learned to do without travel during the coronavirus pandemic said they are ready to get back on the road instead of defaulting to virtual meetings and conferences, while others are trying to determine which business trips are still needed.
Corporate trips remain 70% or more below pre-pandemic levels, according to airlines, which rely heavily on business travel for a huge share of their revenue. But carriers including American and United Airlines said the pace of business travel bookings has been picking up in recent weeks.
— The Wall Street Journal