Musings from the CU Suite

Compiled by Anthony Demangone, Powered by NAFCU

As a kid, I loved getting Sports Illustrated. One of the features I really enjoyed was “Where are they now?”

SI would track down former athletes who did something special back in the day and update us on what happened afterward. It might be a former Big League pitcher, or a former Olympian. I was always amazed at how often these stars settled back into normalcy.

So it is with today’s big news items. The market went into correction earlier this year. Headlines screamed about the stock sell-off. Where is that now? As I write this, the S & P 500 is about 3.3% off all-time highs. I have another example below. The Great Resignation? Guess what – only one in four employees who shifted jobs is content.

Headlines are great. They tell the story of the day.  But after a few months, you must ask.

Where are they now?

Now onto this weekend’s reading pile!

• The other side of the great resignation. Only 26% of people who hopped to a new job are content. (USA Today) See also, The Great Resignation is starting to reverse. (Barron’s)
• FIs fight for tech talent as competitors swirl. (American Banker) One bank plans to hire 2,000 technology-related employees this year.
• Dear manager, you are holding too many meetings. (HBR) You have to check out the chart inside.)
• Solutions for FIs confronting loss of OD fees. (FB)
• Waymo starts fully autonomous rides in SF, expanding Arizona Robotaxi zone. (Forbes)
• Nearly half of millennial millionaires have a large share of their wealth in crypto. (CNBC)
• Expertise vs Attitude. (Godin)
• How people think. (Collaborative Fund)
• How employee experience impacts your bottom line. (HBR)