Compass
A discussion on business and corporate culture
The Fed Paused. December May Not. Know Your Number Now.
The Fed held in October, but two officials wanted a hike and markets expect one in December. Every 25 basis points is $2,500 a year per $1 million of floating debt.
Running Your Business Is a Steeplechase, Not a Flat Race
Flat races reward speed. Steeplechases reward pacing, judgment at every fence and having something left for the last jump. So does running a company.