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15 Tools To Organize Your Desk

We’ve gathered some of our favorite tools to make your office space work for you, whether at home or in the office.

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We’ve gathered some of our favorite tools to make your office space work for you, whether at home or in the office.

In the past three years, the number of people working from home has tripled, from nine million to somewhere north of 27 million. Of course, that’s primarily because of the pandemic, but companies in the US saw productivity go up and many have fully embraced remote work when possible. For example Yelp, one of the top online review sites, went fully remote.

In fact, polls show that remote workers feel 35-40% more productive at home than they do in the office. Without the hassle and stress of a commute, the workplace becomes less stressful.

However, if your workspace itself, no matter its location, is messy and unorganized, it’s likely that gain in productivity will be lost. The average person spends around two and a half days a year looking for lost items, and replacing those items costs $2.7 billion annually.

An organized workspace will lessen stress and keep you on top of things like deadlines and time management, and it also can increase creativity in some individuals. It can be an overwhelming task to organize a messy space, so we’ve gathered some of our favorite tools to make your office space work for you, whether at home or in the office.

The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website.

Best Mobile Filing Cabinets

The old organizing adage says “a place for everything, and everything in its place” means exactly what it says--everything you own or work with needs to have a place to go when not in use. That keeps the clutter down significantly. However, we know most of us don’t have a giant corner office in which to put rows of drawers and filing cabinets, so we’ve found a few that can hold your important papers and sometimes a printer without taking up too much space.

DEVAISE 3-Drawer Wooden Filing Cabinet ($104.99, originally $129.99 at Amazon)

Amazon

Great for small spaces, this cabinet holds a printer, has two regular drawers, a filing drawer, and shelf space. Better yet, it’s easy to move about the office as it’s on casters.

Inbox Zero 11.8” Wide 3-Drawer Mobile Steel Vertical Filing Cabinet ($107.99, originally $299.99 at Wayfair)

Wayfair

A little more industrial with one file drawer and two additional drawers, this filing cabinet has added security of a locking mechanism, to keep your files safe and secure.

Dacall 15.75-inch Wide 3-Drawer Mobile Vertical Filing Cabinet ($62.99, originally $97.99 at Wayfair)

Wayfair

This filing cabinet is industrial with a metal frame, but also warm with touches of wood grain. It easily moves around and fits under most desks at 27” tall.

Best Desktop File Organizers

If you don’t have room for a full-fledged filing cabinet, or just don’t have enough files to fill it, there are smaller, more compact options. A desktop filing system can keep important files, or ones you work with regularly, available at your fingertips without taking up too much room. Plus, they’re an inexpensive option if a cabinet is just too expensive.

SimpleHouseware 5 Section Step File Sorter ($14.87 at Amazon)

Amazon

This file sorter can do double duty, holding both files and smaller things like envelopes or cards. Its wide rubber feet allow it to stack on top of some of SimpleHousewares other office organizing solutions, like this letter tray organizer.

Stonefort 3 Slot Office File Organizer ($52.99 at Wayfair)

Wayfair

If farmhouse chic is more your office vibe, this desktop file organizer is perfect. With three slots for files and a small drawer for things like paper clips or pens, it looks good on any desktop or workspace.

Neaterize Hanging File Organizer ($23.96 at Amazon)

Amazon

This sleek and sophisticated desktop file organizer has all the convenience of hanging file folders without taking up the space of a full filing cabinet. It’s also portable, for those days when you absolutely have to go into an office from home, or vice versa.

Best Cord Storage Devices

While it’s wonderful to have so many devices at our fingertips—phones, laptops, monitors, and chargers—the mess they leave behind makes us downright crazy. And let’s be real, the mountain of cords can also take up precious space on a desk, so these cord storage devices are a must-have for any organized workspace.

Under Desk Cable Organizer Cord Cover ($24.79, originally $59.99 at Wayfair)

Wayfair

This cable organizer is meant to hold a surge protector as well as all your messy cables and plugs. It attaches under the desk with just four screws, and keeps those cords and cables off the floor and off of your desk.

Chiffon Cable Clips Holder ($20.99, originally $23.99 at Wayfair)

Wayfair

Sorting and organizing your cables and cords could not be more simple with this peel-and-stick silicone cable sorter. It comes with a roll of self-adhesive ties to neatly keep your cords together as well.

mDesign Cable Management Box ($23.49 at Amazon)

Amazon

Tuck cords and chargers away in this sleek white box that hides a power strip inside, keeping everything hidden from view. Side vents allow you to sneak cords out when you need them and put them away when you’re finished. The lid can serve as extra desktop space for your phone while charging.

Best Drawer Organizers

Desk drawers are one of the first places to get cluttered, because it’s so easy to just open it up and dump things in to hide them from view. But when you go back to look for that thing, it’s become lost in the detritus of the junk office drawer, hidden among the scissors and the paper clips. If you use segmented drawer organizers, then everything has a place to live, and it’s all easy to find when you need it.

Lifewit 25 Piece Drawer Organizer Set ($23.99, originally $25.99 at Amazon)

Amazon

This might be the last drawer organizing set you’ll ever need. The 25 pieces, all made from clear plastic, come in four sizes, so you can create your own custom organization system in your desk drawers. They’re perfect for holding everything from binder clips to pens and pencils, to sticky notes and that random book of stamps still hiding in your drawer.

Backery Supply 9 Piece Desk Drawer Organizer Set ($15.90 at Amazon)

Amazon

If color is more your thing, we like these pastel-colored desk organizers that come in three sizes. Great for those with fewer drawers, these nine pieces can be organized to suit your needs without being overwhelming.

CAXXA 3-Slot Drawer Organizer with Adjustable Dividers ($20.79 at Amazon)

Amazon

And if the thought of creating your own organization system from multiple bins makes you nervous, this drawer organizer might be your answer. The main space in the center stays the same size, but the sides have removable and adjustable dividers to create a semi-custom organizational system.

Best Pen Holders

Desks tend to collect a lot of pens and pencils. We know we have our favorites, and like keeping them within arms reach, rather than in the drawer. So if you need them handy, yet organized, these desktop pen holders are the perfect addition to your workspace.

Newkirk Metal 7-Compartment Desktop Office Pen Holder ($32.99 at Wayfair)

Wayfair

Never shall your blue pens mix with the black pens again with this 7 compartment pen holder. It’s got a space for every kind of pen, marker, and pencil you can think of along with smaller compartments. These are perfect for paper clips or rubber bands, or those tiny golf pencils. It also rotates 360 degrees for easy access to your favorite pen.

YOSCO Ceramic Desk Pen Holder ($11.99 at Amazon)

Amazon

This pen holder, with the geometric design and gold painted accents, proves that organization doesn’t have to be dull or boring. We like the compact size for those of you without our pen obsession, and it comes in three colors to match any office decor.

YOSCO Bamboo Wood Pen Holder ($15.99 at Amazon)

Amazon

Also from YOSCO, this bamboo wood pen holder, with three sections, gives your office space a more organic, and less industrial feel, with all the benefits of sorting your pens from your markers, and it’s made from renewable resources.

Prices are accurate and items in stock at time of publishing.

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Schedule for Week of January 29, 2023

The key reports scheduled for this week are the January employment report and November Case-Shiller house prices.Other key indicators include January ISM manufacturing and services surveys, and January vehicle sales.The FOMC meets this week, and the FO…

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The key reports scheduled for this week are the January employment report and November Case-Shiller house prices.

Other key indicators include January ISM manufacturing and services surveys, and January vehicle sales.

The FOMC meets this week, and the FOMC is expected to announce a 25 bp hike in the Fed Funds rate.

----- Monday, January 30th -----

10:30 AM: Dallas Fed Survey of Manufacturing Activity for January. This is the last of the regional Fed manufacturing surveys for January.

----- Tuesday, January 31st -----

9:00 AM: FHFA House Price Index for November. This was originally a GSE only repeat sales, however there is also an expanded index.

9:00 AM ET: S&P/Case-Shiller House Price Index for November.

This graph shows the Year over year change in the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).

The consensus is for a 6.9% year-over-year increase in the Comp 20 index.

9:45 AM: Chicago Purchasing Managers Index for January. The consensus is for a reading of 44.9, down from 45.1 in December.

10:00 AM: The Q4 Housing Vacancies and Homeownership report from the Census Bureau.

----- Wednesday, February 1st -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:15 AM: The ADP Employment Report for January. This report is for private payrolls only (no government). The consensus is for 170,000 payroll jobs added in January, down from 235,000 added in December.

10:00 AM: Construction Spending for December. The consensus is for a 0.1% decrease in construction spending.

Job Openings and Labor Turnover Survey10:00 AM ET: Job Openings and Labor Turnover Survey for December from the BLS.

This graph shows job openings (black line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Job openings decreased in November to 10.458 million from 10.512 million in October

10:00 AM: ISM Manufacturing Index for January. The consensus is for the ISM to be at 48.0, down from 48.4 in December.

2:00 PM: FOMC Meeting Announcement. The FOMC is expected to announce a 25 bp hike in the Fed Funds rate.

2:30 PM: Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.

Vehicle SalesAll day: Light vehicle sales for January. The consensus is for light vehicle sales to be 14.3 million SAAR in January, up from 13.3 million in December (Seasonally Adjusted Annual Rate).

This graph shows light vehicle sales since the BEA started keeping data in 1967. The dashed line is the December sales rate.

----- Thursday, February 2nd -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 200 thousand initial claims, up from 186 thousand last week.
----- Friday, February 3rd -----

Employment Recessions, Scariest Job Chart8:30 AM: Employment Report for December.   The consensus is for 185,000 jobs added, and for the unemployment rate to increase to 3.6%.

There were 223,000 jobs added in December, and the unemployment rate was at 3.5%.

This graph shows the job losses from the start of the employment recession, in percentage terms.

The pandemic employment recession was by far the worst recession since WWII in percentage terms. However, as of August 2022, the total number of jobs had returned and are now 1.24 million above pre-pandemic levels.

10:00 AM: ISM Manufacturing Index for January. The consensus is for the ISM to be at 50.3, up from 49.6 in December.

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US gov’t $1.5T debt interest will be equal 3X Bitcoin market cap in 2023

The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.

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The U.S. will pay over $1 trillion in debt interest next year, the equivalent of three or more Bitcoin market caps at current prices.

Commentators believe that Bitcoin (BTC) bulls do not need to wait long for the United States to start printing money again.

The latest analysis of U.S. macroeconomic data has led one market strategist to predict quantitative tightening (QT) ending to avoid a “catastrophic debt crisis.”

Analyst: Fed will have “no choice” with rate cuts

The U.S. Federal Reserve continues to remove liquidity from the financial system to fight inflation, reversing years of COVID-19-era money printing.

While interest rate hikes look set to continue declining in scope, some now believe that the Fed will soon have only one option — to halt the process altogether.

“Why the Fed will have no choice but to cut or risk a catastrophic debt crisis,” Sven Henrich, founder of NorthmanTrader, summarized on Jan. 27.

“Higher for longer is a fantasy not rooted in math reality.”

Henrich uploaded a chart showing interest payments on current U.S. government expenditure, now hurtling toward $1 trillion a year.

A dizzying number, the interest comes from U.S. government debt being over $31 trillion, with the Fed printing trillions of dollars since March 2020. Since then, interest payments have increased by 42%, Henrich noted.

The phenomenon has not gone unnoticed elsewhere in crypto circles. Popular Twitter account Wall Street Silver compared the interest payments as a portion of U.S. tax revenue.

“US paid $853 Billion in Interest for $31 Trillion Debt in 2022; More than Defense Budget in 2023. If the Fed keeps rates at these levels (or higher) we will be at $1.2 trillion to $1.5 trillion in interest paid on the debt,” it wrote.

“The US govt collects about $4.9 trillion in taxes.”
Interest rates on U.S. government debt chart (screenshot). Source: Wall Street Silver/ Twitter

Such a scenario might be music to the ears of those with significant Bitcoin exposure. Periods of “easy” liquidity have corresponded with increased appetite for risk assets across the mainstream investment world.

The Fed’s unwinding of that policy accompanied Bitcoin’s 2022 bear market, and a “pivot” in interest rate hikes is thus seen by many as the first sign of the “good” times returning.

Crypto pain before pleasure?

Not everyone, however, agrees that the impact on risk assets, including crypto, will be all-out positive prior to that.

Related: Bitcoin ‘so bullish’ at $23K as analyst reveals new BTC price metrics

As Cointelegraph reported, ex-BitMEX CEO Arthur Hayes believes that chaos will come first, tanking Bitcoin and altcoins to new lows before any sort of long-term renaissance kicks in.

If the Fed faces a complete lack of options to avoid a meltdown, Hayes believes that the damage will have already been done before QT gives way to quantitative easing.

“This scenario is less ideal because it would mean that everyone who is buying risky assets now would be in store for massive drawdowns in performance. 2023 could be just as bad as 2022 until the Fed pivots,” he wrote in a blog post this month.

The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

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Stay Ahead of GDP: 3 Charts to Become a Smarter Trader

When concerns of a recession are front and center, investors tend to pay more attention to the Gross Domestic Product (GDP) report. The Q4 2022 GDP report…

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When concerns of a recession are front and center, investors tend to pay more attention to the Gross Domestic Product (GDP) report. The Q4 2022 GDP report showed the U.S. economy grew by 2.9% in the quarter, and Wall Street wasn't disappointed. The day the report was released, the market closed higher, with the Dow Jones Industrial Average ($DJIA) up 0.61%, the S&P 500 index ($SPX) up 1.1%, and the Nasdaq Composite ($COMPQ) up 1.76%. Consumer Discretionary, Technology, and Energy were the top-performing S&P sectors.

Add to the GDP report strong earnings from Tesla, Inc. (TSLA) and a mega announcement from Chevron Corp. (CVX)—raising dividends and a $75 billion buyback round—and you get a strong day in the stock markets.

Why is the GDP Report Important?

If a country's GDP is growing faster than expected, it could be a positive indication of economic strength. It means that consumer spending, business investment, and exports, among other factors, are going strong. But the GDP is just one indicator, and one indicator doesn't necessarily tell the whole story. It's a good idea to look at other indicators, such as the unemployment rate, inflation, and consumer sentiment, before making a conclusion.

Inflation appears to be cooling, but the labor market continues to be strong. The Fed has stated in many of its previous meetings that it'll be closely watching the labor market. So that'll be a sticky point as we get close to the next Fed meeting. Consumer spending is also strong, according to the GDP report. But that could have been because of increased auto sales and spending on services such as health care, personal care, and utilities. Retail sales released earlier in January indicated that holiday sales were lower.

There's a chance we could see retail sales slowing in Q1 2023 as some households run out of savings that were accumulated during the pandemic. This is something to keep an eye on going forward, as a slowdown in retail sales could mean increases in inventories. And this is something that could decrease economic activity.

Overall, the recent GDP report indicates the U.S. economy is strong, although some economists feel we'll probably see some downside in 2023, though not a recession. But the one drawback of the GDP report is that it's lagging. It comes out after the fact. Wouldn't it be great if you had known this ahead of time so you could position your trades to take advantage of the rally? While there's no way to know with 100% accuracy, there are ways to identify probable events.

3 Ways To Stay Ahead of the Curve

Instead of waiting for three months to get next quarter's GDP report, you can gauge the potential strength or weakness of the overall U.S. economy. Steven Sears, in his book The Indomitable Investor, suggested looking at these charts:

  • Copper prices
  • High-yield corporate bonds
  • Small-cap stocks

Copper: An Economic Indicator

You may not hear much about copper, but it's used in the manufacture of several goods and in construction. Given that manufacturing and construction make up a big chunk of economic activity, the red metal is more important than you may have thought. If you look at the chart of copper futures ($COPPER) you'll see that, in October 2022, the price of copper was trading sideways, but, in November, its price rose and trended quite a bit higher. This would have been an indication of a strengthening economy.

CHART 1: COPPER CONTINUOUS FUTURES CONTRACTS. Copper prices have been rising since November 2022. Chart source: StockCharts.com. For illustrative purposes only.

High-Yield Bonds: Risk On Indicator

The higher the risk, the higher the yield. That's the premise behind high-yield bonds. In short, companies that are leveraged, smaller, or just starting to grow may not have the solid balance sheets that more established companies are likely to have. If the economy slows down, investors are likely to sell the high-yield bonds and pick up the safer U.S. Treasury bonds.

Why the flight to safety? It's because when the economy is sluggish, the companies that issue the high-yield bonds tend to find it difficult to service their debts. When the economy is expanding, the opposite happens—they tend to perform better.

The chart below of the Dow Jones Corporate Bond Index ($DJCB) shows that, since the end of October 2022, the index trended higher. Similar to copper prices, high-yield corporate bond activity was also indicating economic expansion. You'll see similar action in charts of high-yield bond exchange-traded funds (ETFs) such as iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and SPDR Barclays High Yield Bond ETF (JNK).

CHART 2: HIGH-YIELD BONDS TRENDING HIGHER. The Dow Jones Corporate Bond Index ($DJCB) has been trending higher since end of October 2022.Chart source: StockCharts.com. For illustrative purposes only.

Small-Cap Stocks: They're Sensitive

Pull up a chart of the iShares Russell 2000 ETF (IWM) and you'll see similar price action (see chart 3). Since mid-October, small-cap stocks (the Russell 2000 index is made up of 2000 small companies) have been moving higher.

CHART 3: SMALL-CAP STOCKS TRENDING HIGHER. When the economy is expanding, small-cap stocks trend higher.Chart source: StockCharts.com. For illustrative purposes only.

Three's Company

If all three of these indicators are showing strength, you can expect the GDP number to be strong. There are times when the GDP number may not impact the markets, but, when inflation is a problem and the Fed is trying to curb it by raising interest rates, the GDP number tends to impact the markets.

This scenario is likely to play out in 2023, so it would be worth your while to set up a GDP Tracker ChartList. Want a live link to the charts used in this article? They're all right here.


Jayanthi Gopalakrishnan

Director, Site Content

StockCharts.com

 

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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