Wednesday morning news drop
Ask an Expert: Is the Housing Bubble Going to Burst? Mortgage rates are low and housing prices keep rising. Is an end in sight? (Walrus)
Diversifying Your Portfolio Isn’t Zesty, But It Works Forget about multiplying money 10 times in a short period and stick with the steady gains. (Bloomberg)
Is an Equal-Weighted Stock Index Better Than a Tech-Heavy One? Nope, says Northern Trust’s asset management unit. But they both have big drawbacks. (Chief Investment Officer)
Hackers Steal $600 Million in Likely Largest DeFi Crypto Theft; Hackers perpetrated what is likely the biggest theft ever in the world of decentralized finance, stealing about $600 million in cryptocurrency from a protocol known as PolyNetwork that lets users swap tokens across multiple blockchains. Security researchers are trying to track down the attackers as they have begun moving the funds to decentralized exchanges. (Bloomberg)
To Save Ourselves, We’ll Need This Very Different Economy What would ‘getting serious’ about the survival of civilization look like? (Tyee)
Plant-Based Fish Is Rattling the Multibillion-Dollar Seafood Industry Beyond and Impossible showed the potential for plant-based proteins. Now tomatoes are coming for tuna (Businessweek)
How ‘The Pet Revolution’ Unleashed A New Top Dog In America Dogs have come a long way since the days when they were put to work on farms and fed scraps. They’ve even come a long way since just a few decades ago when they spent their nights in the doghouse. Dogs now sleep inside on orthopedic beds. They get top-notch healthcare and visits to psychiatrists who prescribe them antidepressants. They see acupuncturists and psychics. They get massages and spa days. They wear sweaters. (NPR)
'No doubt' Canada now in 4th wave of COVID-19 as cases spike across much of the country Vaccines, restrictions may ward off worst outcomes as delta spreads — but pressure on hospitals still possible (CBC)
Why Can’t Anti-Vax Athletes Just Tell the Truth? Dissecting the many bogus reasons sports stars are sabotaging the fight against COVID-19 (Inside Hook)
The Bryson dilemma: DeChambeau caught in no-win situation with fan abuse The tournament slipping away, the frustration mounting, Bryson DeChambeau prepared to take out all his aggression on his tee ball. His group was on the clock. He’d made a momentum-killing bogey on the 15th hole. And a CBS cameraman had just walked up to apologize for keeping his camera fixed on him a beat too long, prompting DeChambeau to give a sarcastic wave. A single voice – a female fan – broke the dramatic tension. “Let’s go, Brooksy!” (Golf Channel)
