Wednesday morning news drop
Take Two Shrooms and Call Me in the Morning: The Medical Promise of Magic Mushrooms Psilocybin can treat depression, alcoholism, PTSD, and even cluster headaches. Why is it still illegal? (Walrus)
Move Over, GE. The Tech Conglomerates Are the New Leaders of Industry. As General Electric and other old-school behemoths break up, Amazon, Apple, Alphabet, Microsoft and Meta are taking their place as the do-everything companies of the future (Wall Street Journal)
Inflation Bonds Are Betting on Team Transitory Inflation-protected securities have a story to tell about rising prices, and it isn’t the panicky one that’s circulating in political circles and news reports. (Bloomberg)
When Did Stocks Peak? The S&P 500 is not the stock market. Well, technically it is. But since the index is weighted by company size, looking at it in isolation can provide an incomplete picture as to what’s happening at the individual company level. (Irrelevant Investor)
Could Roads Recharge Electric Cars? The Technology May Be Close. But challenges await, including technical issues, regulatory barriers and many miles of highway. (New York Times)
Where Magic Happens How a kids hospital is redefining possibilities for all children and youth (Walrus)
The Battle Between YouTube And Twitch Heats Up, As Ludwig Moves To YouTube Gaming A streak of Twitch streamers switching platforms continues, as Ludwig Ahgren with his 3.1 million followers announced he will be streaming exclusively on YouTube Gaming for a $30 million dollar contract. (Forbes)
College football gone mad. In the span of two days, the head coaches of two of the biggest college football programs in America have jumped ship, wooed by even greater challenges — and $100 million contracts. (Axios)
Tiger Woods has delivered his own career’s eulogy. If only the golf world would listen On Tuesday, more than 10 months after shattering his right leg in a car accident, Tiger Woods tried to retire. In his first public presser since the crash, he explained to reporters how bad it had been. How he had no memory of the crash. How he spent three months stuck in a hospital bed afterward. How amputation had been “on the table” as an option. “I’m lucky to be alive,” Woods said. (Globe and Mail)
November: Sales slowing with season, but no relief in market conditions Second to the spring market, the fall generally brings a resurgence in both new listings and sales to the Victoria market. This starts after labour day, and normally dies down by the end of October. The sellers that don’t manage a sale by the end of October generally de-list their properties and try again the following spring as buyers become ever more scarce closer to the holidays. (House Hunt Victoria)
