People who have already retired may want to cut back on spending and withdrawals after sharp market downturns, because bigger withdrawals will remove more potential compounding ability in the future.
—
Stan Choe,
Los Angeles Times,
7 Apr. 2026
Firms disproportionately shed routine jobs during economic downturns, when efficiency pressure peaks.
All of the cumulative regions the wave passes through, with all of the growth and shrinkages that occur, imprint themselves onto the wave, as do the initial and final gravitational potentials.
This is a beach house in the plushest sense, with a hot tub overlooking the bay for warming up after dips in the crystal-clear sea (Dog’s Bay is a two-minute drive), and cozy robes, fluffy towels, and slippers provided by the hosts.
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