Posted on April 01 2020
Welcome to the first edition of theWKDY!
Quynh (Quinn) again. This is the first of a 3x per week newsletter we're launching. Here's more info...
What is theWKDY?
theWKDY is a quick summary of the top news stories covering culture, business, politics and anything else noteworthy. Not just that, we'll also include other resources that will help you crush it in both life and work.
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If you've read anything I've written in the past, you know I started Project 925 for you not just for my love of clothes. With that, we have a much bigger vision for what Project 925 will turn into. Here's more about what we're building.
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JNJ announces promising COVID-19 vaccine for early 2021 – pharmaceutical giant plans to conduct human clinical trials testing by September. While other companies are also racing to develop vaccines, some are hoping existing medications can be repurposed. All I want for Christmas is a COVID-19 vaccine (seriously).
- Redfin report projects COVID-19 housing market fallout to be less severe than 2008 recession – Los Angeles listed as most vulnerable city in a housing downturn. Very grateful to be a homeowner, very nervous to be one in LA after this…
- ICYMI – Tiger King is absolutely trending right now and it explains all of the mullet haircut, country cat memes you’re seeing on every social platform. Ofc we binge watched it, but even then, it’s too weird and unbelievable to even describe. If you haven’t seen it yet, you can prepare by reading this.
IN BUSINESS / ECONOMY
Markets close with the worst first quarter since 1987 – Dow fell ~23% over the last three months, while the S&P 500 dropped ~20%. ~66% of investors are bearish (believe the market will continue declining) for the remainder of 2020 and expect a bumpy road to recovery.
- Women are disproportionately affected by COVID-19 – Sectors with high female employment (e.g., hospitality, restaurants) are more impacted by layoffs. The upside? Coronavirus might drive cultural change, such as new work from home policies and a more balanced division of labor in the household, that could benefit women in the long run.
IN POLITICS / GOVERNMENT
Today is Census Day! – It only happens once every 10 years. It determines how many Congressional reps each state gets and how federal funding dollars get allocated. Basically, it’s important. And if that’s not enough, I used census data to create market models and my younger self is relying on you for reliable data. The good news – this is the first year you can fill it out online.
- Who is Dr. Anthony Fauci? – It might feel like he became an overnight superstar, but this doc has been advising presidents since 1984 and is one of the top infectious disease experts. If you’re already a fan, here are some ways you can celebrate Dr. Fauci. We’ve got our eyes on the socks.
JUST FOR YOU
- Fitness – If you’ve done all the workout challenges and have maxed out your DIY treadmill, here’s a list of free virtual workout apps.
- Career – It’s a very scary time. Macy’s is furloughing 125,000 employees and Gap is right behind them. In case furloughs are a new concept to you, here’s everything you need to know about furloughs and what they mean for you.
- Career – Yesterday was Equal Pay Day (determined by how many extra days a woman has to work past January 1 to earn as much as her male peers). If you’re fortunate enough to be in a position to negotiate, here are expert tips on how to negotiate. If we’ve learned anything, definitely anchor high.