IEA Warns War Could Cause Unprecedented Oil Disruption
The IEA says the war in turning into the biggest oil disruption in world history https://t.co/UJZqGyrhUP
Opponents Haven't Urged Fannie/Freddie to Ease Credit Standards
Have any of the people who oppose investors owning “build to rent” housing called on Fannie/Freddie to liberalize their lending standards to lower FICO buyers?
Urea‑to‑corn Price Ratio Hits Near Post‑Covid Peak
The ratio of urea to corn is nearing its worst levels of the post-Covid inflation. https://t.co/2Eazf7LmiV https://t.co/O3bgdlViKO
No Strategic Urea Reserve; Buffer Storage Nearly Nonexistent
Not only is there no strategic urea reserve, if you listen to today's episode, you'll see there really isn't much buffer storage anywhere at all https://t.co/niRvIF7txf
US Spends $4 Billion on Munitions in First 72 Hours
"The US used as much as $4 billion worth of munitions in the first 72 hours of its attacks against Iran" https://t.co/j5LKsavuyS
Developers
Why do a lot of software people like a tool that can allow them to expend their mental energy on higher order problems, while writers dislike the tool that can replace their output completely? Truly one of the great...
Futures Dip to Daily Lows, Market Stays Calm
Futures are at their lows of the day, but everything's quieted down since the start of the week https://t.co/sqcA2J1f9o
Every Dip Purchase Eventually Matched Earnings Growth, Surprisingly
People like to claim that traders have been trained like circus monkeys to buy every dip. But has there been any dip buying which, ex post, wasn’t justified by subsequent realized earning growth?
Displaced Professionals Now Paid to Teach AI Their Jobs
Lawyers and scientists and other people who have lost their jobs have now entered the gig economy, where they get paid to help train AIs to do their old job. https://t.co/GnzhOtpe8O https://t.co/km7gCmpXK0
Stocks Stay Green, Oil Barely Rebounds After Recovery
After the big recovery yesterday, and the headline that we got since Trump's comments, it's interesting that stocks are still green, and that oil hasn't bounced very much
Hormuz Closure Could Push Oil Past $200
HOW OIL COULD SURGE TO $200 AND BEYOND @tracyalloway and I talk with @Rory_Johnston -- typically one of the least-alarmist people in oil -- about how the longer the Straight of Hormuz is shut, the greater the likelihood of an...
AI Image Generators Rose Alongside LLMs by Design
Was it inevitable (from a tech perspective) that AI image generation would take off at roughly the same time as LLMs?
New Pipeline Could Ease Hormuz Strait Oil Disruption
Read @JavierBlas on the oil pipeline that could ameliorate the closure of the Straight of Hormuz https://t.co/hfkrPgLpIy https://t.co/BIgHZhk6rA
Quit Intentions Hit Lowest Point Since Survey Start
The % of workers who plan to quit their jobs has fallen to its lowest level since the start of the NY Fed's survey. People who have a job are not giving them up right now https://t.co/p7kO4PdQ2A
Beyond Price Control: New Roles for a Full US SPR
People recoil at the idea of using the SPR just to damp prices. But now that the US has plenty of domestic oil, what other purposes would it serve? What other conditions would be an appropriate time to use it?
Iranian Attacks on UAE Sharply Decline; Motives Unclear
There's been a big drop in Iranian attacks on the UAE, though nobody knows whether it's a strategic choice, or whether it reflects diminishing stockpiles. https://t.co/gt6ed9Fg9S https://t.co/oMHskjmjSQ
Memory Chip Prices Surge 50% in Two Weeks
Wow, a respondent to the Dallas Fed's Service Sector report said that the prices they're paying for memory chips have jumped 50% in the last two weeks https://t.co/RdULT0epp4
SPAC IPO of $
I hadn't realized that $OWL came public via SPAC. It's now right back to its original price. Turns out it was all priced in. EMH undefeated https://t.co/Q6eyG9hYLM
Market Fueled by Doomers and Boomers, Says Nomura
Charlie McElligott at Nomura says that the market is being driven by 'Doomers and Boomers' https://t.co/PbuzHGo8VF
Core PCE Goods Over 2% Inflation Trending Upward
The number of core goods in the PCE basket with >2% inflation is clearly on the rise https://t.co/zfnw5c3Qnr
Jobs Data Wednesday, CPI Hits Friday
All the data coming for the rest of the week. We're going to have Jobs Wednesday and then CPI Friday https://t.co/8DDq0vkOvD
Tech's First 100-Year Bond Since Motorola 1997
The last time a tech company announced a 100-year bond, it was Motorola in 1997 https://t.co/HKkDro85Ac https://t.co/w2S75DaL2J
Bank of America Data Validates ISM Trucking Surge
Bank of America's own measure of trucking activity confirms the uptick in the ISMs https://t.co/BLUrghpS3Q
