I see a lot of software engineers are trying to reach FAANG companies. While the reasons might be understandable, I want to ask 1 question.
Do we really want it OURSELVES or we just think we HAVE to do it to succeed? If you have a clear vision, that's totally okay. But if you feel lost...
Finding our niche in software development is crucial, I say. That's what makes us stand out in a big crowd. Just analyze yourself. What is your strongest side in SWD? - Are you good at working with audio/video? - Do you have some experience in building complex data visualizations? - Do you know a particular framework better than your peers? - Do you have enough expertise in building ecommerce platforms?
Whatever it is, working on that areas and gaining more experience makes us special.
Let's not blindly follow dreams of someone else. Let's find that mole which makes us unique in our field.
I see a lot of software engineers are trying to reach FAANG companies. While the reasons might be understandable, I want to ask 1 question.
Do we really want it OURSELVES or we just think we HAVE to do it to succeed? If you have a clear vision, that's totally okay. But if you feel lost...
Finding our niche in software development is crucial, I say. That's what makes us stand out in a big crowd. Just analyze yourself. What is your strongest side in SWD? - Are you good at working with audio/video? - Do you have some experience in building complex data visualizations? - Do you know a particular framework better than your peers? - Do you have enough expertise in building ecommerce platforms?
Whatever it is, working on that areas and gaining more experience makes us special.
Let's not blindly follow dreams of someone else. Let's find that mole which makes us unique in our field.
#morning_thougts
BY Nurmukhamedoff
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Spiking bond yields driving sharp losses in tech stocks
A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.
Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.
