Friday morning news drop and videos of the week
Canada's inflation rate rises to highest level in a decade, at 3.6% Rate looks especially high because May of 2020 was a low point for the economy, but things are heating up (CBC)
Why Executives Need to Take the Leap on ESG and Corporate Purpose In a post-pandemic world, consumers won’t just accept brands at face value. To succeed, companies must demonstrate their commitment to positive ESG practices that support corporate purpose—or risk failing (Walrus)
How To Prepare For a Lengthy Bull Market The other side of preparing for bear markets is preparing for a bull market. Yeah, that’s right, I said it. I know valuations are high. I know the U.S. stock market has been positive 11 out of the past 12 years. I know the past 15 months or so have been a crazy orgy of excess and speculation in certain parts of the market. But bull markets can last longer than you think. (A Wealth of Common Sense)
How to Have a Roaring 2020s (Without Wild Inflation) The greatest boom in U.S. history is the one we experienced during the mobilization for World War II. In our popular memory, imagery of scarcity and household belt-tightening to help the war effort abounds. But in reality, at an aggregate level, there was no fall in household consumption during the war years. (New York Times)
Crypto Die-Hards Built a $90 Billion Wall Street on the Internet Automated protocols running on the internet are paying traders to provide liquidity for unregulated, decentralized markets. (Businessweek)
Is there something wrong with the air in South Portland, Maine? Residents have lived near more than 100 massive petroleum storage tanks for decades, never really knowing if they’re breathing in dangerous chemicals. Now they’re fighting to find out. (Boston Globe)
Videos of the Week
10+ Insane Whips In Slo Mo From Crankworx Innsbruck 2021 Crankworx Innsbruck started off with a bang, quite literally, with riders going way past sideways at the official European Whip Off presented by POC. Which one was your favorite?
Insane Kamloops One Shot | Reece Wallace Chromag Family member Reece Wallace rides the Kamloops Bike Ranch closely followed by Calvin Huth's FPV drone in this epic one shot.
CULTCREW/ NORTH EAST/ DEHART, BEGIN, MAGS
OUT THE WINDOW - Gage Sharp
Jamie Foy's "Sunshine State" Dickies Part Foy returns to Florida to unleash a firestorm of NBDs on the thoroughly trafficked region. Might need a few views for this one to soak in.
Sam Atkins "Segway" Part There’s an elegance to Sam’s approach as he strikes Australia’s sets with a timeless arsenal. That closing 360 flip says it all.