过去只是经历，现在是尝试，人生如梦，岁月无情。蓦然回首，才发现人活着是一种。穷也好，富也好，得也好，失也好。一切都是过眼云烟。想想，不管昨天、今天、明天，能豁然开朗就是的一天。不管亲情、友情，能永远就是好。

The past is just experience, now is trying, life is like a dream, years merciless. Suddenly look back, only to find that people alive is a. Poor or rich, good or bad. It's all just a flash in the sky. Think, no matter yesterday, today, tomorrow, can suddenly be enlightened is one day. No matter the family, friendship, can always be good.

Principles - Ray Dalio
第一章的这一段真是我最有感触的一段：
Struggling Well
In time, I realised that the satisfaction of success doesn’t come from achieving your goals, but from STRUGGLING WELL! To understand what I mean, imagine your greatest goal whatever it is- making a ton of money, winning an Academy Award, running a great organisation , being great at a sport l. Now imagine instantaneously achieving it. You would be happy at first, but not for long. You would soon find yourself needing something else to struggle for.
Since life brings both ups and downs, struggling well does not just make your ups better, it makes your downs less bad. I am still struggling and I will until I die, because even if I try to avoid the struggle, they will find me!
#tilly英文书单#

In past weeks, the Treasury yield curve has inverted, typically signaling a looming recession.

commodities are stabilizing. Demand is bad, but sentiment is even worse resulting in low inventories
But interestingly even though demand is ok, fear is driving companies to reduce workforce, cut budgets…

然后补一句 可能 你知道 …哈哈哈哈 谁信啊

The bear case is that this will cause another leg down in demand, BUT there could be a case where demand is ok (esp. industrial, consumer staples, small purchases), but costs are lower, resulting in margin expansion for companies. Curious what are peoples thoughts?#特朗普称美国经济可能走向衰退##recession#