Energy Efficiency and Domestic Production Boost U.S. Resilience
Summary of my argument: "Decades of investment in efficiency, domestic production, and renewable energy have made the U.S. economy far more resilient to global shocks." Therefore, let's keep implementing those energy policies --now is the worst time to give up on efficiency, wind, solar, domestic O&G production, electric vehicles, etc.
OBDC's 25% NAV Discount Highlights Stale Marks
Blue Owl says the marks are real. Every sell-side analyst has a Buy. Yet $OBDC trades at a 25% discount to NAV. Finally had a chance to go through the portfolio. Found exactly what you'd expect: stale marks, understated software exposure,...
Oil Near Record Close Despite Falling Short of Early Highs
Oil is still well below its highs from the extreme buying that we saw early Monday morning. But if it closed here for the day, it'd be its highest close yet.
China Poised to Join War Debate Soon
Looks like #China is about ready to enter the discussion on the War. You figured that was coming.....
Demand for Proof: Nuclear Build Not $9.3B Impact
I want to see a report demonstrating that the “construction phase” of a new nuclear power plant will NOT involve anywhere near $9.3 billion in “economic impact.”
UK Releases 2024 Estimate of North Sea Oil‑Gas Reserves
UK government estimates from 2024 of remaining oil & gas resources in the N. Sea posted today. Source: https://t.co/MdBiDA5rEo https://t.co/UWUhPViK5S
RFK Jr Promotes Unproven Peptides, BPC‑157 Lacks Solid Data
RFK Jr is trying to get 14 peptides, without data on safety or efficacy, licensed and approved by FDA. His favorite is BPC-157. "Only three small human studies of BPC-157 exist, for instance, the largest of which is a telephone...
Young Adult Homeownership Halved, Dream Becomes Elusive
She's not wrong. One reason "we're in trouble" is young adult access to the American Dream is so diminished--as evidenced, for instance, by this decline in home ownership.👇🏽 ✔️ 1980: 59% of young adults owned a home ✔️Now: 37% of young adults...
AI Amplifies Both Threats and Defenses in Cybersecurity
I got asked on the news today is Cybersecurity a field that is being impacted by AI or is it a safe field? I explained how I struggle with this personally as well - there's a lot of fear, uncertainty and...
Call for Federal Men’s Health Office Gains Momentum
Yup, as Dr Bernie says, public health is not a zero-sum game, need a focus on women's AND men's health/ Momentum builds for a federal office of men’s health focused on disease prevention https://t.co/ONPLMEzKWv via @statnews https://t.co/ASKuoMrJSO
Navy Unprepared Despite Promises, Takes Over a Month
I was assured by numerous naval sources that the Navy would be ready. I didn’t think the Navy would be ready. But I did think it would take less than a full month.
Switch to Clean Electricity to Avoid Future Energy Crises
The impact of the war in the Middle East on energy: We should fix the roof when the sun is shining not when there's a thunderstorm. Only when we shift energy demand from burning fuels to using electricity from clean power...
Danes Revel in Noma Founder Scandal, Media Glee
There's nothing the Danes love more than a good fall-from-grace story, so now that Noma's founder has been speared on decade-old accusations, the sanctimonious journalists at Politiken can hardly contain their glee and excitement. Yuck. https://t.co/01Bx0fKkHJ
Money and Relevance Fuel Endless Problem‑agitating Content
Spot on about clicks and views. That has been the conclusion I've reached after being closely involved in that space for almost a decade. The incentives are money and social relevance, which means that their content CAN'T actually solve the problem—it has...
Healthcare Costs Forcing Debt, Hunger, and Retirement Delays
Such a dismal conclusion. Taking on debt, skipping meals, delaying retirement, etc, etc, in order to cover healthcare costs. When does America come to grips with healthcare costs? Something has to give. https://t.co/L48u4W2CDG
Step‑up Basis Wipes Out Taxes on Inherited Gains
Step up in basis is one of the most powerful tax provisions and can wipe out a lot of taxes. Say your dad bought $200k of stocks in a brokerage account that are now worth $2M. He passes them down to you...
Single‑Family Homes Grow $3M, Not $100M
Buying single family homes is a great way to be with $3m. Brutal way to try to hit $50m or $100m+.
Build-to-Rent Criticism Stems From Misunderstanding Its Purpose
A lot of the criticism about build-to-rent on this app is grounded in ignorance about what BTR is, who builds it, who funds it, who lives in it, and why it's appealing to the small share of families who choose...
Housing Market Set to Grow if Rates Stay Steady
#Housing market is poised for growth this year if Iran conflict doesn't raise rates, says HousingWire Mohtashami https://t.co/ZBWUvaAFKo
Bezos Hosts Washington Post Masthead at Kalorama
tidbit: Jeff Bezos is planning to meet with the Washington Post masthead and some highly sought after reporters at his Kalorama mansion this morning/afternoon
GenAI Health Tools Multiply: ChatGPT, Claude, CoPilot
In January there was ChatGPT Health, Claude Health. Today there's Microsoft CoPilot Health. And more to come in the genAI -> health landscape https://t.co/TInH9YTvwA
Prediction Markets See WTI Futures Still Rising
Prediction markets think WTI futures haven’t peaked yet Market-implied odds of maximum price of front-month contracts this year https://t.co/KJycyDttIE https://t.co/obrkd1ueUb
Carriers Redefine Red Sea Disruption as Permanent Shift
Maersk. Treating the Strait as a long-term situation. The length of the war. How it ends? Iran’s position? Undoing the ship mess in the Strait and Persian Gulf?
AI Boom Fueled by Hundreds of Hidden Taiwanese Suppliers
Everyone talks about Nvidia and TSMC. But the AI boom is actually powered by hundreds of Taiwanese companies most people have never heard of. I built a massive list of the Taiwanese suppliers riding the AI wave. Only at Culpium. https://t.co/KUpxDMev6I
Disruption at Oman, UAE Oil Ports Could Spike Prices
All eyes & hopes rest on the 2 main oil ports of #MinaAlFahal in Oman and #Fujeirah in UAE if any of these continues to be impacted then it's serious for oil prices. ميناء_الفحل #ميناء_الفجيرة#
Korea’s March Exports Show Semiconductor Supply Still Robust
Korea btw posted strong exports for the first 10 days of March, so the semi-trade is NOT disrupted yet, and this notion that Helium is running out for Hynix and TSMC is so far 100% BS as they have 5-6...
AI Job Shock Could Threaten 10% of Australian Mortgages
When AI Hits Jobs: Macquarie Warns Mortgage Stress Could Ripple Through Australia's Banks AI-driven employment shocks could put 10% of mortgage payments at risk. Banks currently priced for "near-perfect outcomes" with minimal buffer. Australia's steady growth masks historical unemployment spikes: 11%...
Binary Labels Mask the Strait’s Complex Phases
At some point (idk when) "the Strait is closed/open" is going to be a bit like "we shut down/reopened the economy for covid" -- a binary that glosses over various phases of the process.
Banks May Tighten Borrowing Bases Amid BDC Outflows
"It is possible that in response to non-traded BDC outflows, banks like JPM could become more diligently managing (down) borrowing bases to avoid being the funding source of those retail outflows." -- Via Wells Fargo analysts https://t.co/0vm2LXopvD
Congress Bill Forces SF Rentals to Sell New Homes
Abandoning houses gives way to making them more #affordable. Both parties in #Congress move bill to force SF rental cos, w/got their start in the days following the #GFC w/folks fled homes rather than pay #mortgage, to sell newly built...
Marriott Raises Free Night Top‑up Limit to 25K Points
Marriott Bonvoy now lets members top off free night awards with up to 25K points, an increase of the previous limit of 15K points. This is good news, but... https://t.co/6Bpj4UV005
Marriott's Flexible Free Night Certificates Require More Points
Marriott Made Free Night Certificates More Flexible — But You Still Need More Points To Book The Same Hotels - View from the Wing https://t.co/julDoiO9Oo
Markets Underestimate Iran Conflict’s Oil Shock Potential
Why are oil speculators assuming this war is short and irrelevant? Yesterday I talked to an energy analyst I highly respect, and he waved off the Iran situation. Oil/gas markets are dynamic and flexible, he posited, they can handle it....
Wide-Beamed Bristol
Here’s a peek at the recovery vessel. She’s not especially yar, but is very wide of beam, with clean spaces and, definitely, ship shape and in Bristol fashion https://t.co/pP9vklQCLt
Tesla Aims for Hundreds of Cybercabs Weekly, Scaling to 10K
the production line is probably around 10K per week at scale. *hundreds* will be initial production next month. $TSLA
Iran War Threatens Fertilizer Flow, Spikes Food Prices
My take on the CONSEQUENCES of the WAR IN IRAN: "About 33 percent of the world's fertilizer goes through the Strait of Hormuz. Some people realize this is a BIG DEAL." UNINTENDED CONSEQUENCES OF WAR = HIGHER FOOD PRICES. My latest with @JanetOnTheMoney on...
Fast All‑Cash Fund Closes Retail Deals in 35 Days
A broker recently asked me how we’re different than all the other value-add retail buyers he hears from. Fair question. Well, we’ve been doing this since 2006. We’ve purchased 45 of them. We buy every deal all-cash. We can close anywhere in the US...
Metro Ad Suggests Relativity Space's Unexpected Strategic Pivot
Saw this ad on the Metro this morning and thought for a second that Relativity Space had made a very sharp pivot. https://t.co/MWdZhHXmrq
NYC’s Ultra‑Luxury Condo Turns Wealth Into Playground
Inside #NYC's most secretive #condo project #80Clarkson overlooking the Hudson+its 'sophisticated fun house.' Where being rich means indulging your inner child. Also #Zuckerburg's new #Fla pad, #Napa+more. #realestate #mortgage https://t.co/LMkqpwmmCt via @WSJ
Hormuz Closure Threatens Markets, Fuels Inflation Surge
...and yet, the Strait of Hormuz is STILL closed, for the 13th day. Why? 🤔 At some point, investors are going to understand why this is; when they do, it is going to be very bad for both stocks AND...
AI Simplifies EU Procurement Rules Under New Accelerator Act
#tradeXpresso: the proposed EU Industrial Accelerator Act triggered a lot of reactions, as it may impact access to public procurement. Navigating international rules on public procurement is not always simple. But we can easify things. 👇 “AI meets IAA” https://t.co/5QdEEcLoAS https://t.co/SMUwtZTxrj
Intermodal’s Cycle Persists, Yet Remains Freight Backbone
Intermodal is cyclical — but still essential. On Talking Transports, I speak with @stglogistics' CEO Geoff Anderman about restructuring, rail trends, the UP–NS merger, cost discipline & preparing for freight recovery. 🎧 Listen: Apple: https://t.co/BFGLBPxVbm Spotify: https://t.co/qSsGXCEHTb iHeart: https://t.co/t1eLhkFXoB https://t.co/eCb5WV066Z: https://t.co/eA06OJWsu4 Bloomberg Terminal: https://t.co/Ju1Vv2LsIE #Freight #Intermodal #Rail...
Gulf War Three Falters, US Faces Strategic Setback
Dan’s subhead: “Gulf War Three is not going well for the United States”. I believe Dan Drezner knows more than I do about what is currently going on with the Epstein-Netanyahu-Trump War on Iran, so I turn the microphone over to...
Estate Planning Must Address Digital Access Challenges
Many assume estate planning is handled once documents are signed, but DIGITAL estate planning does not behave that way. For many clients, the real issue is an ACCESS problem: email, cloud photos, financial logins, business accounts, and Terms of Service...
Housing Starts Beat Forecast, Yet Momentum Questioned
Housing starts surprised to the upside in the latest report, rising to a 1.487 million SAAR and coming in above consensus expectations. On the surface, the headline suggests renewed momentum in residential construction. However... https://t.co/1r862BDOdv
From Crowded MATS Line to Modern Trucking Evolution
The line to get into MATS in 2000 The US trucking scene has evolved a lot in the past 25 years https://t.co/cIoMImK7Xe
Trump Dismisses Iran Risk, Claims Instant Devastation
He thinks this is a game. I warned early and often: IRAN RISK IS NOT PRICED IN Trump says "we could do a lot worse" to Iran. "We could take them out by this afternoon. In fact, within an...
Defining a Lunar Base: Landers, Proximity, Night Survival
This does get to the question of what is a “lunar base”. Is one CLPS lander the first element of a lunar base? Two, near each other? Do they have to survive the lunar night??
U.S. Navy Unready to Escort Tankers
JUST IN: 🇺🇸 United States says Navy is not ready to escort oil tankers through the Strait of Hormuz. It would be 'suicide'. So the war wages on while Trump sends ameteur AI videos from the WH to evoke fake gamer...
Agency Client Lands on Bestseller List, Celebration!
It was so exciting yesterday to see an agency client hit the bestseller list. ❤️❤️❤️