Saturday, October 28, 2023

Hurricanes really are getting scarier — fast

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership.

'Nightmare' Hurricanes Are Popping Up Out of Nowhere — Mark Gongloff

One of the few silver linings of hurricanes, relative to other natural disasters such as earthquakes or tornadoes, is that they usually develop and move slowly enough to give people time to prepare for them. Climate change is starting to rob humans of even that thin advantage.

Hurricane Otis slammed into the resort city of Acapulco this week with winds of 165 miles per hour (265 kilometers per hour). Mexico's first Category 5 storm in history hitting a city of almost 700,000 people sounds scary enough. But the truly unnerving thing about Otis is that it was merely a tropical storm less than a day before making landfall. Cruising through warm water in the eastern Pacific, the storm "explosively intensified" in a matter of hours, in the words of the US National Hurricane Center.

Climate change is disrupting the familiar rhythm of hurricanes in dangerous ways. It isn't necessarily making them more frequent, but it is making them much more likely to develop into Otis-like monsters overnight.

Read the whole thing for free, above the paywall.

Nobody Wants Mutual Funds Now — Matt Levine

Medicare Advantage Is Great. Except for Taxpayers. — Bloomberg's editorial board

Red Alert for America's Wild Arctic Fishery — Liam Denning

In Sexless Hong Kong, $2,500 Is Just Dim Sum Money — Shuli Ren

Many Evangelicals See Israel-Hamas War as Part of a Prophecy — Stephen Mihm

China Is Making the Same Mistakes the Soviets Did — Minxin Pei

No Wonder Elon Musk Is Now Attacking Wikipedia — Dave Lee

The Fed Pivot That Turbulent Treasuries Need — Mohamed A. El-Erian

Housing Prices Are High — and Potentially Illusory — John Authers

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