Archive July 2021

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Week InReview: July 30, 2021

Remote-work czar is shortcut to C-suite.
Photo: Daphne Geisler/Bloomberg Businessweek
The fast-growing pandemic-era position of “vice president of productivity and remote experience” has emerged as a previously unimaginable path to the C-suite — or at least to a virtual desk nearby.

Week InAdvance: July 26, 2021

Mon Jul 26 EU finmins discuss Recovery and Resilience Facility. | Tue Jul 27 CBDCs on House Finance Services agenda. IMF publishes World Economic Outlook Update. | Wed Jul 28 SEC/UNPRI event. FOMC rate decision and Fed chair news conference. | Thu Jul 29 UNPRI virtual climate event. U.S. GDP.

Week InReview: July 23, 2021

A check-in checkup.
Do you feel like meetings are something that just happen to you? Like you have no control over your calendar? Are your days dotted with performance check-ins, general life catch-ups with your boss, meetings to prep for meetings? How often do you think, "This could have been an email?"
If you've reached peak meeting burnout, you're not alone. The pandemic has thrown many of us into digital communication overdrive, as managers try to keep tabs on far-flung workers and teams are forced to coordinate projects remotely.
Some workers – 70% in a recent poll – think going back to the office will help with meeting overload. But if your company is going hybrid, expect things to be messy. 
— The Wall Street Journal

Week InAdvance: July 19, 2021

Mon Jul 19 U.S. regulators discuss stablecoins. Jordan’s King Abdullah II visits the White House. | Tue Jul 20 Senate Banking climate hearing. | Wed Jul 21 ARRC Sofr event. Belgian National Day. | Thu Jul 22 WTO meeting in Geneva. ECB rate decision, Christine Lagarde briefing. U.S. initial jobless claims, leading index, existing home sales. | Fri Jul 23 G20 climate & energy meeting. Tokyo Olympics begin.

Week InReview: July 16, 2021

The elusive office bod.
Many people (and pets) have gained weight during the Covid-19 pandemic.
Photo: Getty Images
Americans who soothed themselves with calorie-laden comfort foods are frantically trying to slim down for the perfect office bod. Gym memberships are up, personal trainers are booked and digital subscriptions to WW, the company formerly known as Weight Watchers, were 16% higher at the end of the first quarter from a year earlier.
The pandemic-fueled isolation and anxiety meant more eating and less activity in a country where four in 10 adults are already obese, according to the U.S. Centers for Disease Control and Prevention. In all, 42% of the population gained unwanted weight, averaging 29 pounds, according to the American Psychology Association’s annual stress survey. As Covid-19 swept the globe, obesity was among the conditions that put infected people at greater risk.
— Bloomberg Pursuits

Week InAdvance: July 12, 2021

Mon Jul 12 FSB MMF workshop. Eurogroup meets. | Tue Jul 13 CFTC's market risk panel meets. Ecofin in Brussels. | Wed Jul 14 EC set to propose new ‘Green Deal’. France celebrates Bastille Day; financial markets remain open. Fed Beige Book. | Thu Jul 15 Joint IOSCO/CPMI/BCBS margin calls industry roundtable. German Chancellor Angela Merkel visits the White House. U.S. initial jobless claims. | Fri Jul 16 Financial Stability Oversight Council (FSOC) closed meeting. G20 SustFin working group.

Week InReview: July 9, 2021

'We dream in order to forget.'
Lethe, the river of forgetfulness.
Photo: Alamy stock photo
In “Forgetting” Dr. Scott Small writes that until fairly recently, he and most other scientists believed that forgetting was simply a technical glitch, a bug in the system. For most of his 35 years as a memory specialist, he reflexively viewed retaining information as “always the noble goal” and forgetting as lamentable, to be avoided at all costs.
But recent research in neurobiology, psychology, medicine and computer science tells another story. In a boon to spouses everywhere, it turns out that mentally misplacing facts and details is not only healthy but psychologically necessary. When we draw a blank or stumble over a mislaid word, we are merely evidencing a “cognitive gift” that allows us to adapt to the tumult of our lives.
— The Wall Street Journal

Week InAdvance: July 5, 2021

Mon Jul 5 U.S. Independence Day holiday observed. Markets, government offices closed. Wimbledon & Tour de France continue. | Tue Jul 6 EC announces new AML legislation. | Wed Jul 7 'Summer camp for moguls' in Sun Valley. SEC's AMAC meets on ESG, diversity & inclusion, and private investments. FOMC minutes. JOLTS report. OECD releases its Employment Outlook 2021. | Fri Jul 9 G20 finance ministers and central bank governors meets in Venice. IOSCO, CPMI, and the Basel Committee market practices roundtable. Walt Disney's 'Black Widow' released. | Sun Jul 11 G20 climate conference.

Week InReview: July 2, 2021

Riding the productivity wave.
Photo: Robert Hanson/WSJ
In the post-pandemic workplace, managers and leaders in all organizations will have to navigate new and difficult situations. In Leaders’ Lessons, a monthly FT series, global executives share insights from their experiences during the pandemic — and their plans for the reset to come. The question in this installment is: “How are you going to preserve productivity gains from the crisis while making sure staff don’t burn out?”
— Financial Times