Here's three topics for the curious of mind today:
- Are we technologically safer? As we attempt to beef up IT security, we continue to be technologically insecure. Just this last week, BBC reported how a fridge was part of 100,000 devices used to send out 750,000 pieces of spam. Yes, a fridge, and there was also a television involved--sounds like the beginning of a bad joke, right? But this is our reality these days...Proofpoint, a cloud computing and security company said "Many of these devices are poorly protected at best, and consumers have virtually no way to detect or fix infections when they do occur."
- Is our economy healing or hurting? As unemployment fell from 7% to 6.7% last week--an impressive reduction--the overall labor force participation rate didn't rise, but rather sank to 62.8%--its lowest level in 35 years! And while, the Wall Street Journal explains that U.S. employment is simply not keeping up with population growth, the S&P 500 hit a new record high just last Wednesday. Meanwhile, the Fed continues to pour money into the economy, although at a slowing rate (expected to go down next week to only $65B a month), speculation is building whether we have another real bubble brewing, and this one of our own making, perhaps.
- Is this the lead up to peace or war with Iran? As we continue to seek a long-term deal with Iran on their dangerous nuclear weapons foray, we read from Bret Stephens that Iranian President Rouhani said during his presidential campaign, "Saying 'Death to America" is easy...We need to express 'Death to America' with action." If we are getting a good deal that can truly lead to WMD disarmament of Iran, why did Rouhani tweet, "In #Geneva agreement world powers surrendered to Iranian nation's will." Curious, whether this is for political consumption in Iran or whether he sees the deal as just a stalling tactic leading to a breakout capability in nuclear weapons as well as a way to get some goodies in terms of sanctions relief for his country in the meantime.
What does little kitty cat say about these? ;-)
(Source Photo: Andy Blumenthal)