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[5 minutes to read] Plus: NYCB's crash and overhaul
By Matthew Gutierrez and Shawn O’Malley
Global education data may not seem directly relevant to markets, but of course, education levels drive innovation and productivity, which drive economic growth, and that matters a lot to markets 🎓
On that note, education is uneven globally — no surprise. More interesting is that governments’ ROI on educational expenditures varies widely for the same amount of spending, according to new McKinsey research.
👉 Our Chart(s) of the Day show more.
— Matthew & Shawn
Here’s today’s rundown:
Today, we'll discuss the biggest stories in markets:
Disney’s proxy battle
NYCB’s fall, rescue, and valuation surge
This, and more, in just 5 minutes to read.
POP QUIZ
Layoffs are on the rise despite a strong economy — what was the last time the month of February had as many layoffs as February 2024? (Scroll to the end to find out!)