Friday, August 27, 2021

Personal Consumption Expenditures Price Index Up 0.4% For July, 4.2% Year-over-Year

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First up, from the Bureau of Economic Analysis, August 27, the news release: ...
Thursday, August 26, 2021

Shipping: Which Shippers Are Hit Hardest By Exploding Costs?

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Because our readers are smart, funny, and good looking they are a step or two ahead of me on the headline question. Of course it's the M...

Kabul: "U.S. officials provided Taliban with names of Americans, Afghan allies to evacuate"

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Beyond the obvious: CRIMINAL STUPIDITY, words fail. From Politico, August 26: The White House contends that limited information sharing with...

Kabul: "Why did French evacuations go well from the beginning?"

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 From Politco, August 25: Make sure you read on for the shocking official U.N. advice to its staff in Kabul — telling them to cooperate wit...

Former Société Générale Analyst Dylan Grice On Incentives For Fed Head Powell

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Ahead of tomorrow's Jackson Hole appearance of the Chairman, a quick riff by Dylan Grice. First though, a free gift for the audience. If...

Capital Markets: "Bond Sell-Off Continues"

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 From Marc to Market: Overview: The new equities high in the US failed to carry into today's activity. Asia Pacific markets were mostl...
Wednesday, August 25, 2021

"Taliban Vow To Tackle Climate Change:...."

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Not kidding. They are also in line for a spot on the U.N. Commission on the Status of Women. * Again, not kidding From the Daily Mail, Augu...

"U.S. Food Suppliers Are Having Trouble Keeping Shelves Stocked"

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From Bloomberg via Yahoo Finance: Some of the largest U.S. food distributors are reporting difficulties in fulfilling orders as a lack of w...

"Uganda receives 51 out of expected 2,000 Afghan refugees"

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 Oh dear. You can just imagine the conversation:  "What's this? Kampala? There must be some mistake, I signed up for the Berlin pac...

"Samsung plans to invest $205 billion in three years, hire 40,000"

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Ummm...wut?  From India's Business Standard, August 25: Samsung Electronics and affiliates such as Samsung Biologics aim to lead resear...

Where Are We On The Futuristic Movie Timeline?

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Well it looks like we passed Blade Runner (set in 2019) and are coming up on Soylent Green (set in 2022): Time flies! pic.twitter.com/yTR...

"Are Central Bankers Asking the Right Questions about “Inflation?"

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Ahead of Friday's release of the Personal Consumption Expenditure index and its deflator, something to think about. From the Institution...

"In fertile Ukraine, a 20-year freeze on the sale of farmland is lifted -- with uncertain consequences"

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One of the reasons for the Maidan Revolution was to open the sale of Ukrainian land to foreigners—it's much too good for the Ukes to kee...

The World Cried Out For Another "Green" Investment Fund and Chris Sacca Delivered

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Though only around one-sixth as big as the Henry Paulson/TPG fund , this is another example of the scale of the money pools being mobilized ...

Capital Markets: "Market Awaits Fresh Incentives"

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 From Marc Chandler at Bannockburn Global Forex: Overview: Neither the chaos and tragedy unfolding in Afghanistan nor the US refusal to acq...
Tuesday, August 24, 2021

"Today is the Birthday of the Man Who Abolished the Slave Trade"

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 His campaign and ultimate success stand as one of the most noble and notable efforts in human history. From HillFaith.org: Today is the bir...

It Appears The U.S. Is About To Install A President Who Couldn't Win A Single Delegate From Their Own Party

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Now this boys and girls is how you do a coup. Via the Twitter feed of CNN's Ryan Nobles: ...“Over the course of the last six months. An...

Johnson Matthey Is Getting Deeper Into The Battery Biz (also Glencore; Oxford Uni. et al) JMAT.L

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The introduction to April 21's " Johnson Matthey Goes North To Finland For Battery Materials Plant (JMAT:London) ":  Johnson M...

"Venomous Sea Snakes Mistake Human Divers for Potential 'Mates'"

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From Newsweek: Scuba divers have often reported being attacked, unprovoked, by deadly Olive sea snakes. Now, however, scientists suspect th...

SoftBank makes first Africa bet, Nigerian mobile-payments platform

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 From Bloomberg via Malaysia's The Edge Markets, August 23: SoftBank makes first Africa bet on OPay at US$2 bil valuation SoftBank Visio...