Thursday, July 30, 2020

"Rabobank: Everyone Thinks They Know What’s Going On When They Actually Don’t"

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From ZeroHedge: By Michael Every of Rabobank Try Not To Be Rash(omon) The 1950 movie ‘Rashomon’ from director Akira Kurosawa a classi...

Mr. Elder, Markets Now and The Art Of The Opening Paragraph

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From Markets Now, July 30, 2020: “Distracted from distraction by distraction,” wrote TS Eliot about second-quarter results season. About a...

Capital Markets: "Greenback's Bounce is Likely Short-Lived"

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From Marc to Market: Overview: A wave of profit-taking is seen through most of the capital markets today, with the exception of the bond...
Wednesday, July 29, 2020

"How to hide from a drone – the subtle art of 'ghosting' in the age of surveillance"

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Hong Kong and Seattle protesters sometimes use umbrellas but that leads us into another story for another day. From TechXplor, July 28: D...

Dear Norway, It Happened Again

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This is getting embarrassing. From WILX-TV, Lansing Michigan: Flag removed from Saint Johns bed and breakfast over Confederate confusion ...

Singapore Wealth Fund Not Doing So Well

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From Bloomberg, July 27: One of the World’s Biggest Investors Warns of More Pain to Come One of the world’s largest sovereign wealth fun...

Russian Billionaires Used Art To Evade Sanctions and Launder Money

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From ArtNet News, July 29: A Hard-Hitting New Senate Report Details How Art Dealers and Auction Houses Have Undermined US Sanctions Agains...

"Now South Korea’s Getting An Aircraft Carrier, Too"

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From Forbes, July 27: South Korea reportedly plans to order 20 F-35B stealth jump jets, a strong signal that the South Korean navy is m...

Corrected—Also In Portland, Google Appears To Have Lowered Their IQ Standards

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Correction— The Google Engineer who was arrested in Portland was not Schinzing, and the Daily Mail has corrected their headline. The arrest...

The City of Portland Has Found A Solution To Their Fiscal Crisis: They Are Fining the Federal Government $500 Every Fifteen Minutes

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From The Oregonian, July 28: Portland issues ‘maximum fine’ on feds for unpermitted fence outside courthouse; bill is $192,000 ‘and counti...

"Tesla offers “giant contract” to responsible nickel miners" (TSLA; GLN)

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Well, that 'responsible' bit rules out Russia's Norilsk. From Mining.com, July 23: Tesla (NASDAQ: TSLA) boss Elon Musk is cal...

Not Following Proper Mask Protocol In New York City

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Oh, and also shooting up, outside, in broad daylight. From the New York Post, July 28: A woman injects herself with a needle near a pe...

EIA: "2019 U.S. coal production falls to its lowest level since 1978"

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From the Energy Information Administration, July 28: Source: U.S. Energy Information Administration, Annual Coal Report In 201...
Tuesday, July 28, 2020

Platts: "US corn prices seen weak amid limited demand recovery, easing weather concerns"

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From S&P Global Platts, July 28; Highlights CBOT prices slip from 3-month highs seen earlier Ethanol demand uncertain as US revam...

Oil Services Giant Schlumberger to lay off 21,000 employees (SLB)

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Still giant but about 25% less so. That's a lot of folks looking for work in an industry that isn't hiring. From KHOU-TV, Houston...

Bulk Shipping: FAO Projections For Grains, Slow Growth But Growth Nonetheless

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Trying for a bit of Schiller in the headline: "Spät kommt ihr doch ihr kommt!"  (You come late, yet you come!)  Not. Even. Cl...

Shipping: "CMA CGM, NYK and Port of Rotterdam Join CEO-Led Hydrogen Council"

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From Maritime Executive, July 27: Eleven additional global companies, including CMA CGM, NYK Line, and the Port of Rotterdam, are joining...

"Microsoft eyes hydrogen 'opportunity' after successful data centre pilot" (MSFT)

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They also joined the Hydrogen Council, more on the Council coming up. From BusinessGreen, July 28: Microsoft has successfully used hydrog...

Here Come "Collagen-ingredients-as-a-service" (plus big names in a big round for Chinese e-grocery)

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Sadly, the FT beat me to " Service-as-a-Service " some time ago or I could roll with that for a few posts. However, we do have th...

"U.S. and Japan Seeking to Break China’s Grip on Rare Earths Production"

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From the brainiacs at IEEE Spectrum, July 23: Japan is mining deep sea mud and the U.S. is developing biotech to extract REEs in an environ...