Wednesday morning news drop
The Biggest Economic Experiment in History The government just passed another $1.9 trillion spending bill. There are still households and individuals who are suffering financially, through no fault of their own, because of the pandemic. (A Wealth of Common Sense)
On Inflation: How inflation drives asset prices and how to predict inflation What we have learned so far about inflation: what works in inflationary environments, which indicators best predict inflation, and, most importantly, how this can generate returns in simple trading strategies. (Verdad)
Biggest Players in the Short-Selling Game Are Getting a Pass It’s in the air again, on Reddit, in Congress, in the C-suite: Hedge funds that get rich off short-selling are the enemy. The odd thing is, the biggest players in the game are getting a pass. (Bloomberg)
North America’s Biggest Bet on Downtowns Shifts to the Suburbs Toronto, Montreal and Vancouver built more apartment units per capita than almost every other large North American city over the past decade. But the Covid-19 pandemic and its attendant remote-work revolution now have urbanites leaving in record numbers, emptying condo towers and sending rents tumbling for thousands of mom-and-pop investors who took part in the boom. (Bloomberg)
Is Fast Fashion Finally out of Style? With big retailers closing locations and customers flocking to boutique brands, shopping habits may be changing for good (Walrus)
Getting to the Bottom of the Runner’s High For years we’ve been crediting endorphins, but it’s really about the endocannabinoids. (New York Times)
The Lost Year: What the Pandemic Cost Teenagers In Hobbs, New Mexico, the high school closed and football was cancelled, while just across the state line in Texas, students seemed to be living nearly normal lives. Here’s how pandemic school closures exact their emotional toll on young people (Propublica)
Pro-Wrestling is in a Rights Boom TV ratings for pro wrestling are a far cry from the late ’90s, when “Stone Cold” Steve Austin, The Rock, Degeneration-X, Hollywood Hogan and the nWo dominated Monday nights with ratings for the 18-49 demo in the high 5s and 6s for two shows going head-to-head. (Variety)
