“The anti-traditional attitude encourages precisely the contrary tendency, namely the paying of more attention to applications than to principles, to effects than to causes, to symptoms rather than to disease — and still less to health —, to the absence of open warfare rather than to the things that make peace.
This mental habit, which is all the more dangerous in that it is largely unconscious, lies at the root of most of our troubles, and so long as it is prevalent among us we shall be condemned to remain the dreamers that we are, instead of the men of awareness that we might be.”
“The anti-traditional attitude encourages precisely the contrary tendency, namely the paying of more attention to applications than to principles, to effects than to causes, to symptoms rather than to disease — and still less to health —, to the absence of open warfare rather than to the things that make peace.
This mental habit, which is all the more dangerous in that it is largely unconscious, lies at the root of most of our troubles, and so long as it is prevalent among us we shall be condemned to remain the dreamers that we are, instead of the men of awareness that we might be.”
— Marco Pallis, “The Active Life”
BY Перечитывая Генона
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Telegram’s stand out feature is its encryption scheme that keeps messages and media secure in transit. The scheme is known as MTProto and is based on 256-bit AES encryption, RSA encryption, and Diffie-Hellman key exchange. The result of this complicated and technical-sounding jargon? A messaging service that claims to keep your data safe.Why do we say claims? When dealing with security, you always want to leave room for scrutiny, and a few cryptography experts have criticized the system. Overall, any level of encryption is better than none, but a level of discretion should always be observed with any online connected system, even Telegram.
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.