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Wednesday, February 23, 2022

Daily Digest 2/23 – Bears Are Surging; Home Prices Skyrocket; 75% Say Ban Single-Use Plastics; Canada Govt. Attacks Mom for $50 Donation; Truckers to D.C.; Putin vs. U.S.

Economy

Bearish Bets Against Markets Are Surging
Investors are wagering that the recent pain in the stock and bond markets will intensify.

 

Home prices skyrocketed by nearly 19% last year
Home prices rose 18.8% in 2021, according to the S&P CoreLogic Case-Shiller US National Home Price Index, the biggest increase in 34 years of data and substantially ahead of 2020’s 10.4% gain.

Environment

75% of people want single-use plastics banned, global survey finds
Three in four people worldwide want single-use plastics to be banned as soon as possible, according to a poll released on Tuesday, as United Nations members prepare to begin talks on a global treaty to rein in soaring plastic pollution.

 

US, Egypt launch joint group to prepare for COP27 climate summit in November
Kerry called for concerted efforts to cut carbon dioxide emissions by a minimum of 45% by 2030, to be able to reach a pollution-neutral planet by mid-century.

Energy

Community Solar Could Fill A Market Void — But Regulatory And Technical Gaps Remain
Community solar is suited for those energy customers who are environmentally aware but unable to install solar panels. Projects must still get built and be able to interconnect to the grid. Doable?

Resilience

Outrage as Canadian single mom on minimum wage has bank account frozen for donating $50 to Freedom Convoy
Conservative lawmaker Mark Strahl says the mom, named only as Briane, has had her life ruined for donating the small sum to the anti-vaccine mandates protest. Strahl shared Brianne’s story as concerns grow that scores of ordinary people will no longer be able to pay for food and basics after their accounts were frozen for donating to a group of protesters.

 

Group of protesting truckers begin trip to DC area this week
It is one of many convoys of truckers heading to the D.C. region next month. But they don’t plan on entering the District; instead, they will “terminate in the vicinity of the DC area,” according to a release from the “People’s Convoy.”

 

Putin Address Takes Swipe at U.S.-Led World Order
Mr. Putin wants to return to a world of empires with spheres of influence, which makes Ukraine the key challenge, said Volodymyr Yermolenko, a Ukrainian philosopher and editor.

The post Daily Digest 2/23 – Bears Are Surging; Home Prices Skyrocket; 75% Say Ban Single-Use Plastics; Canada Govt. Attacks Mom for $50 Donation; Truckers to D.C.; Putin vs. U.S. appeared first on Peak Prosperity.



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