OIL MARKET: The backwardation in the European diesel market is monstrously large. And getting worse. The chart is 2nd-to-3rd month gas-oil futures spread, approaching the all-time high set earlier this month when spreads blew-up. All points to an extremely tight market | #OOTT pic.twitter.com/UVO9jJmZBS — Javier Blas (@JavierBlas) March 23, 2022 šŖšŗšŗšø Great @ecb heatmap … Read more
10y breakevens above 3% for the first time ever. Congratulations Fed…you got the fire lit. Probably time to stop squirting lighter fluid. pic.twitter.com/0aTBhJY0mB — Michael Ashton (@inflation_guy) March 24, 2022 The S&Pās equity risk premium, or the spread of forward earnings yield to 10-yr Treasury yields, āhas shifted rapidly from a healthy ābuyable dipāā to … Read more
How can this be possible? https://t.co/ntEiD2d03u — Planet Ponzi (@PlanetPonzi) March 24, 2022 World leaders including U.S. President Joe Biden meet at NATO headquarters, kicking off a trio of emergency summits in Brussels to discuss Russia's war in Ukraine. Live updates: https://t.co/Xgv5CRLagi pic.twitter.com/DkOKcxzlwR — The Associated Press (@AP) March 24, 2022 Another European parliamentarian scorches … Read more
KASHKARI: INFLATION IS VERY HIGH — *Walter Bloomberg (@DeItaone) March 24, 2022 This is gold š pic.twitter.com/FXWKl5RzXS — Tarric Brooker aka Avid Commentator š¦šŗ (@AvidCommentator) March 24, 2022 https://twitter.com/Ben__Rickert/status/1506830358498922496 Mr. Incompetent and his friends. Inflation version. pic.twitter.com/846i1pdu0D — MAZE (@mazemoore) March 24, 2022 FED'S EVANS: WE WANT TO BE CAREFUL || MAYBE A 50 BPS … Read more
One of the things you may have noticed since youāve opened your business is that investing is key. Itās one of many ways your business can grow. However, first-time business owners might not know what exactly they should be investing in. Hereās what every new business owner needs to have adequate resources set aside for. … Read more
by Chris Black The EU has approved a common defense strategy that involves the creation of a 5,000-strong deployment force – the so-called āStrategic Compassā plan – for the first time in the blocās history. Latvian FM Edgars RinkÄviÄs said the initiative provides a ānecessary toolbox for the EU to become a real geopolitical defense … Read more
by Chris Black You can’t even get a Republican Governor to ban trannies in women’s sports…in Indiana! I know what the solution is. Vote Republican harder next time! GOP Indiana governor vetoes transgender girls sports ban Establishment GOP buckles again https://t.co/Y5BuGzuFj7 — Jack Posobiec (@JackPosobiec) March 22, 2022 Many Republicans (such as the Governor of … Read more
by Chris Black The dysgenic system sycophants of the modern West are big mad because the normal people they’ve pathologized are choosing to step back and focus on health, brotherhood, and family as the system collapses on itself. https://twitter.com/trey_bluleo70/status/1506741482992160781 Our enemies need villains. They need to believe they are the Avengers starring in their own … Read more
by Chris Black Biden’s Supreme Court nominee is literally a pedophilia enabling black woman with an IQ of 10 degrees below room temperature. BREAKING: Jackson says she gave pedophiles lighter sentences bc its different when they use computers vs mail to get volumes of child porn This makes ātotal senseā according to Jackson pic.twitter.com/I1bMFDj2RO — … Read more
by Chris Black It’s true. This country is quietly transitioning from “decline” to “full blown fucking collapse”. The Air Force is having to reverse engineer parts of its own stealth bomber:https://t.co/08YGe7jnK2 — Tyler Rogoway (@Aviation_Intel) March 1, 2021 Diversity hires, affirmative action, anti-white racism, this is the end result. China will rule the world in … Read more
by Chris Black American military analysts admit the US has no technology capable of intercepting new hypersonic missiles that Russia has developed. These missiles are nuke capable, by the way. https://twitter.com/ZiadMurica/status/1506698536359976961 'Impossible to intercept': This is Russia's new deadly weapon https://t.co/0vCMl5SR2v via @YouTube — Ronnie Cromer (@Ronnie_Cromer) March 23, 2022 It’s suddenly dawning on the … Read more
by Chris Black Hereās a pretty good analogy about Democrats and Republicans. Democrats are arsonists who light a building on fire. The GOP are the “fire-fighters” that the public runs to and tells to save the building. But instead of putting out the fire, the GOP parks in front of the entrance and blocks anyone … Read more
by Dismal-Jellyfish SourceĀ DTCC Announcement So I am was covering the additions to theĀ Standing Repo FacilityĀ this morning and in the process came across the source links above about the DTCC’s Sponsored Repo facility. tl:dr it appears traditional repo is balance sheet intensive. Sponsored Repo via DTCC, not so much? TheĀ Sponsored serviceĀ offers the following benefits to Sponsoring … Read more
by Chris Black This woman must be highāitās the only explanation. Because no one can be this stupid, certainly not the Vice President of the United States, and certainly not the Vice President of the United States who is likely to replace Joe Biden within the next year. No one can be this stupid! Right? … Read more
The letter is signed by the CEOs of Alaska, American, Atlas, Delta, FedEx Express, Hawaiian, JetBlue, Southwest, United, UPS Airlines and the CEO of Airlines for Americaāthe trade association representing the carriers. — Kris Van Cleave (@krisvancleave) March 23, 2022
PM Trudeau, in recent months, under your quasi-liberal boot, Canada šØš¦ has become a symbol of civil rights violations. The methods we have witnessed may be liberal to you, but to many citizens around thešit seemed like a dictatorship of the worst kind. pic.twitter.com/FZuc6aDZ1I — Mislav Kolakusic MEP šš·šŖšŗ (@mislavkolakusic) March 23, 2022 h/t … Read more
viaĀ International Man: It used to be that America was a country of free thinkers. “Say what you think, and think what you say.” Thatās an expression you don’t hear much anymore. Itās much more like the world ofĀ 1984Ā where everything is ādouble think.ā You need to think twice before you say something in public. You think … Read more
Los Angeles has dedicated $1.2 billion to a new program fighting homelessness, but instead of maximizing the budgetās impact, the city is spending up to $837,000 per unit to house homeless people. AnĀ auditĀ released by Los Angeles City Controller Ron Galperin shows that Proposition HHH, a ballot measure that issued a $1.2 billion bond to fight … Read more
byĀ The Phoenix Do you want to make a fortune from investing? If you do, then youāve got to do what others donāt. You have to take a different approachā¦ and look for situations most are ignoring. Like whatās happening in bonds today. Investors are giddy over stocks rallying. After all the stock market is up … Read more
We all know gas prices are painfully out of control across the country. Will Witt is out in LA asking Angelenos why they think gas prices have gotten so high.