Friday morning news drop
Typical mortgage payment could be 30% higher in 5 years, Bank of Canada warns Bank says those who took out a home loan in 2020 or 2021 should brace for higher rates at renewal (CBC)
Brace yourself: Interest rates could be headed up even faster and higher than we thought Some economists now think Bank of Canada rate could go twice as high as it was pre-pandemic (CBC)
Retail Trading Is About to Change: Payment for order flow, etc. I don’t know. The basic situation is: Retail investors in US stock markets get to trade for free and get really good execution on their stock trades. Everybody is mad about it. (Money Stuff)
Timing a Recession vs. Timing the Stock Market Seven out of 10 Republicans think we’re currently in a recession. More than half of all independents and 43% of Democrats think the same. The unemployment rate is still 3.6%. Wages are rising. Consumers are still spending money like crazy. (A Wealth of Common Sense)
Beware of a Bear Market That Is More Than a Cub Many stock investors have never experienced the pain that a long downturn can inflict and may be mistaken that selloffs are always brief. (Bloomberg)
Record Labels Dig Their Own Grave. And the Shovel is Called TikTok. With each passing month, record labels grow more attached to TikTok—but it now looks more like addiction. Some have reached the point where they won’t release an album until the music goes viral on TikTok. (The Honest Broker)
The simple, impactful way to make cars cleaner In the age of electric vehicles, higher gas mileage is more important than ever. (Vox)
How Safe Are Systems Like Tesla’s Autopilot? No One Knows. Automakers and technology companies say they are making driving safer, but verifying these claims is difficult. (New York Times)
This Optical Illusion Has a Revelation About Your Brain and Eyes: Your pupils may be dilating when you see images like this one as your brain tries to anticipate the near future. (New York Times)
The Doctors Who Preserved Klay Thompson’s Career—and the Warriors’ Dynasty After missing two full seasons, the Golden State star couldn’t help but think about the operating tables, the surgeons who treated him and the rehab that could’ve broken him (Wall Street Journal)
Freefall into darkness Scientists study animals to illuminate human psychology. So why are we blind to the mental lives of our caged subjects? (Aeon)
Videos of the Week
CH | 11 | TV | 014 - "Boilt Lips" Rolo and 8ton early season surf trip to some rights...
Shay Sandiford's "Mixed Emotions" Part
DisruptionA quick recap of a two week trip the team took to Miami. Skaters: Nyjah Huston, Dominick Walker, Kwesi Holloway, Becker Dunn, and Cole Hosman.
Reece Wallace - Plane Fun: "My main priority on a bike is to have fun. The Trance X is my go-to and covers all the bases—I can rip trails in the morning, then hit the city jump park on the way home." - Reece Wallace
Hannah Bergemann - Path To The Mountains: Deep in the North Cascade mountains, trail builder Brad Walton paired up with freerider Hannah Bergemann to build and bring a custom feature / line "Whalewolf" to life. and then shoot it. We often (ok, always) take for granted the time that it takes for trails to come to life—more so when features are involved. Built and filmed by Brad Walton.
Revolution Bike Park Host Women's MTB Gravity Jam: Amazing day filming at Revs. Over 140 women took part in a big train down the freeride line. Such a sick day!