Tuesday morning news drop
The Big Melt This is Klinaklini, the largest glacier in Western North America beyond the Alaskan border. As this giant melts, so go B.C.’s more than 16,000 other mountain glaciers — and the pace is fast accelerating. In mere decades, Klinaklini will be gone. (Tyee)
Why stocks soared while America struggled For a year that’s been so bad, it’s hard not to wonder why the stock market has been so good. (Vox)
How to Lose Money When the Stock Market is at All-Time Highs Even in a blowout year like 2017, when the Russell 1000 was up almost 22%, nearly one-quarter of all stocks in the index experienced losses. There are no years when the index is up and no stocks are down. That’s how averages work in the stock market. (A Wealth of Common Sense)
All the Reasons Why It Has Never Been Harder to Be an MLB Hitter Hitting, which was already notoriously difficult to begin with, is now basically impossible. After more than a month’s worth of games, hitters are tracking toward yet another strikeout record by whiffing in 24.3 percent of their plate appearances. They’re also maintaining a .233 batting average, the lowest mark in the league’s 150-year history. Based on these numbers, there’s never been a worse time to be a hitter in Major League Baseball. (Bleacher Report)
Blue Space Is the New Green Space Why being near water can be a boon for our health and wellness (Walrus)
What CMHC’s first-time homebuyers’ incentive extension amounts to in Victoria For people trying to get into the runaway housing market? Not much. But for housing prices? Also not much (Capital Daily)
Employment and other updates We’re hopefully in the final phase of the deadly part of the pandemic here in Canada, and though COVID will be with us for the long haul, there is increasing optimism that increasing vaccinations will bring us to a pretty broad re-opening soon. Public health modelling suggests that many restrictions can be lifted when 75% have had their first shot and 20% are fully vaccinated, which should happen sometime early to mid June based on the latest data. We have a pretty low rate of vaccine hesitancy here in BC which is good news for the economic re-opening. (House Hunt Victoria)
