Heatwave Apocalypse, the World Economy, Stocks, and Trump

Tuesday morning news drop

  • Britain in midst of 'difficult 48 hours' with 1st-ever extreme heat warning Wales sets temperature record, London's Luton Airport has heat-related runway issue (CBC)

  • ‘Heat apocalypse’ warning in western France as thousands flee wildfire Nearly 25,000 escape blaze sparked by southern European heatwave that has already killed hundreds of people (Guardian)

  • The World Economy Is Imperiled by a Force Hiding in Plain Sight: Well more than 2 years into the worst pandemic in a century, the accompanying economic shock continues to assault global fortunes. (New York Times)

  • Stocks For the Long Run: Every strategy and philosophy has its pros and cons. The good strategy you can stick with is far superior to the great strategy you can’t stick with so a lot of this comes down to who you are as an investor. There are a number of factors that determine the type of investor you are. (A Wealth of Common Sense)

  • Elon Musk’s Inner Circle Rocked by Fight Over His $230 Billion Fortune Before the Tesla CEO’s billion-dollar battle over Twitter, another fight broke out over how his charitable giving should be managed. Ex-professional gambler Igor Kurganov became a top Musk adviser on giving his fortune away. Jared Birchall, his wealth manager and key player in financing the bid for Twitter, wanted him out. (Wall Street Journal)

  • Why disasters are getting more severe but killing fewer people An important but overlooked piece of good news about climate change. (Vox)

  • Finding middle ground on missing middle Missing middle offers real promise—but there's a lot we can do to make it work better for everyone (Capital Daily)

  • Trouble for Trump as committee makes case Capitol attack was premeditated Criminal prosecution appears increasingly likely as January 6 committee strengthens case against former president (The Guardian)

  • The DOJ Must Prosecute Trump: The January 6 committee has provided overwhelming evidence that the former president was not some bit player along for the ride, but the central driver of a nefarious plot. (The Atlantic)