James' World 2

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When investment bankers agreed in January to underwrite the leveraged buy-out of Citrix, a software company, by a group of private-equity firms, returns on safe assets like government bonds were piffling. Yield-hungry investors were desperate to get their hands on any meaningful return, which the $16.5bn Citrix deal promised. Lenders including Credit Suisse and Goldman Sachs were happy to dole out $15bn to finance the transaction. Inflation would pass, central bankers insisted. Russia hadn’t invaded Ukraine, energy markets were placid and the world’s economies were growing.

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From Harvard Law to severe anxiety and depression

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Sometimes the smallest moments of joy are the only ones that feel possible. That’s what Nora McInerny learned in 2014 when she lost her 35-year-old husband and her father to cancer and her second baby to miscarriage—all within the span of eight weeks.

Her husband, Aaron, was a “naturally buoyant person,” says McInerny, who’s the host of the podcast Terrible, Thanks for Asking and author of the upcoming book Bad Vibes Only. “He just had this otherworldly ability to find the fun and the joy in anything,” she says. “I learned from him the importance of staying as present as possible in the moment, even when the moment sucks. Even as he was literally dying, he could make me laugh.” (Among Aaron’s final words to his wife: “I will always be with you … so you need to stop picking your nose.”)

It was a moment she remembers with levity, plucked out of an unbearable time. During these past few years—plagued by political strife, social unrest, and, well, an actual plague—many of us have struggled to even briefly escape morose moods. But experts say that incorporating just a little bit of joy into our lives can disproportionately enhance our well-being by reducing the risk of chronic illness, strengthening the immune system, and combating stress.

“I think joy feels sometimes like a really big emotion—like crazy happiness,” McInerny says. “But it can be a small point of light in the darkness. It doesn’t have to be throwing the light on in the dark.”

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Most people believe passion comes first.

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Mark Cuban. Photo: Getty Images

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Forget breakfast, lunch, and dinner. People can’t get enough of the in-between.

Big companies report that snack sales are soaring. Net sales of Doritos, Cheetos, Ruffles, PopCorners, Smartfood, and SunChips grew by double digits in the second quarter. Retail sales of Pirate’s Booty jumped about 32% and SkinnyPop sales increased about 17%.

That’s partially because snacks are getting more expensive, and because people are getting back to their lives outside the home and want food they can eat on the go.

But it’s not just that. Eating habits have changed, and people are increasingly snacking instead of eating traditional meals. About 64% of consumers across the world said that they prefer to eat several small meals throughout the day, rather than a few large ones, according to a (MDLZ)/stateofsnacking/2021/2021_MDLZ_stateofsnacking_report_GLOBAL_EN.pdf” target=”_blank”>2021 snacking survey by Mondelez (MDLZ). That’s up from 59% in 2019. About 62% reported replacing at least one meal a day with snacks.

America’s eating habits have always changed with the times. The Industrial Revolution ushered in the three-meals-a-day template. Packaging innovations at the dawn of the 20th century introduced snacks to the mainstream. Massive supermarkets gave consumers a seemingly endless array of bright, shiny items to choose from.

And during the pandemic, the major shift in how millions of Americans work opened up new snacking categories — that’s good news for snack sellers, but not for our health.

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The US snack market has been growing over the past several years and is expected to expand further.   David Paul Morris/Bloomberg/Getty Images

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