NEW ODD LOTS:
In a LIVE conversation, @tracyalloway and I talk to @carmenli about @computeexchange and the imminent launch on the CME of a compute futures market.
No one other than (fairly stupid) partisans on the left thinks Trump is truly going to implement 20% tariffs on everything across the board.
Readers added context
On March 4th, 2025, the Trump Administration enacted 25% tariffs on Canada and Mexico for all products except for energy products like oil and electricity, which are tariffed at 10%.
reuters.com/world/trade-waβ¦nytimes.com/live/2025/03/0β¦
Incredible. One of the most crucial links in the supply chain, has been for years, built on the premise that some workers would provide labor for free. bloomberg.com/news/articles/β¦
THREAD EXPLAINING NEGATIVE OIL:
Oil costs $ to store. Due to the economic collapse, oil isn't being used much. So all the storage facilities are filled up. So nobody who can store it will buy it from you. If you want to get rid of oil, you have to pay someone.
That's the thread
If Biden wins the nomination, a lot of Wall Streeters who said that Sanders winning would force them into reluctantly supporting Trump, will have to come up with a different reason for voting Trump.
Wow, check out the timing of the text that California sent out to the public, and then the moment that electricity consumption in the state started to roll over.
bloomberg.com/news/articles/β¦
Boeing and Intel are struggling to build things because the MBAs took over and sidelined the engineers is a story that I increasingly find too satisfying to be believable. (At least but fully believable)