SubscribeArrow

Hey! I've neglected to mention that I'm in Washington this week for the IMF-World Bank meetings. This morning is the opening press conference with WB President David Malpass and new IMF head Kristalina Georgieva (pronounced GORE-gee-eva). Let me know what questions you think I should ask.

Was this email forwarded to you? Sign up here. (Today's Smart Brevity count: 1,012 words, ~4 minutes.)

Situational awareness:

  • The British pound jumped to its highest since May after news the U.K. and EU reached Brexit deal, but it will still need British Parliament’s approval. (Axios)
  • Netflix stock jumped more than 10% in after-hours trading after it missed a subscriber target for the second consecutive quarter, but beat earnings per share estimates handily. (CNBC)
  • Americans needed to earn $515,371 in 2017 to be considered part of the 1%, according to IRS data released this week, up 7.2% from a year earlier. (Bloomberg)
  • Boston joined pension plan managers in Michigan and Philadelphia in announcing they will stop investing with Ken Fisher after lewd comments he made at a conference, bringing the total to more than $900 million pulled from Fisher Investments. (Reuters)