The economy and markets keep bumping along – the Biz Doc is taking it all in. Here we go: 4 Stats, 1 Hero/Zero and 1 Interesting Article:
4 Stats
1. .25% Not Enough?
Employment figures, among other things are causing the Fed to worry as a .25 rate increase is all but certain for March, April and June. However, no less than Larry Summers is calling for .50% when the fed announces the March rate increase and economic projections next week. Summers says the Fed “has not been this far behind the curve for a year or so.” Buckle Up!
2. 1 Hour Limit – (or not!)
TikTok announced it will “soon” incorporate a one-hour-per-day screen time limit for users under 18. The company is trying to get in front of the US government (and several states who are already screaming) as efforts ramp-up to curb or ban the social media platform. China spying aside, concerns have been growing over the potentially harmful effects on underage users. However – the 1 hour “control function” doesn’t exactly stop users… Here’s why: (CHEAT CODE ALERT) Users can keep using the app by entering a pass code when they reach 1 hour per day. Kids must allow parents to set the code. Yeah, the average 16 year old is actually going to do that (or do so to act cooperative but then hack the code).
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