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Home2022

Year: 2022

Zero Edge

Powell, Payrolls, & Positioning Spark Chaotic Week Across Markets

November 4, 2022

Chatter about China easing its Zero-COVID strategy sparked some joy overnight (in crude prices), but the labor market report was a smorgasbord of confusion for algos (keying off the ‘beat’ on the payrolls print and […]

Electrical Generation / Utilities

Australian Government to Ban All Future Fossil Fuel Projects?

November 4, 2022 Mariel Alumit

​ Essay by Eric Worrall As ordinary Australians reel from skyrocketing energy prices, and our electricity network hovers on the brink of collapse, the Australian Government is moving to block future coal and gas projects. […]

US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck
Finance

US Debt-Servicing Costs Skyrocket: $1.4 Trillion In Interest Payments On Deck

November 4, 2022 Mariel Alumit

By Howard Wang of Convoy Investments Jerome Powell has been talking tough on inflation and clearly wants to leave a Volcker-like legacy. But the US is far different today than it was in the 80s. […]

Finance

Energy Is Still A Bargain Even After 65% Rally

November 4, 2022 Mariel Alumit

By Tatiana Darie, Bloomberg Markets Live reporter and analyst As stock-picking gains importance in a tough macro environment for markets, energy stands out as the S&P 500 Index’s cheapest sector, despite its massive rally this […]

Russian oil
Crude Oil News

G7 Russian oil price cap applies only to seaborne crude -official

November 4, 2022 Mariel Alumit

WASHINGTON, Nov 4 (Reuters) – The price cap on Russian oil exports to be imposed by G7 countries and Australia next month will apply only to seaborne cargoes through the first landed sale and will […]

U.S.
EIA News

U.S. electric-generating capacity for combined-cycle natural gas turbines is growing

November 4, 2022 Mariel Alumit

Data source: U.S. Energy Information Administration, Monthly Electric Generator Inventory, Short-Term Energy Outlook Eight new natural gas-fired combined-cycle gas turbine (CCGT) power plants have come online or will come online in the United States this year. These new […]

Marathon
Exploration and Production

Marathon Oil Adds More Eagle Ford Assets With $3B Ensign Buy

November 4, 2022 Mariel Alumit

Marathon Oil has entered into a purchase agreement to acquire the Eagle Ford assets of Ensign Natural Resources for total cash consideration of $3 billion. The transaction is subject to customary terms and conditions, including closing […]

Layoffs
Zero Edge

Wells Fargo Braces For More Layoffs As Loan Volumes Collapse 90% YOY

November 4, 2022 Mariel Alumit

Among the growing list of many companies bracing for layoffs is now Wells Fargo, who has seen their U.S. loan volumes “collapse”. The fall off in loan volume has left some workers “idle”, according to […]

Norway
Aljazeera International

Norway insists Italy responsible for people stranded on NGO ships

November 4, 2022 Mariel Alumit

The Norwegian government says it bears no responsibility for refugees and migrants rescued in the Mediterranean Sea on board boats flying the country’s national flag, after Italy called on Norway and Germany to take charge […]

Biden
Zero Edge

Judge Hands Biden Admin Huge Setback In Big Tech-Government Censorship Case

November 4, 2022 Mariel Alumit

Authored by Zachary Stieber via The Epoch Times (emphasis ours), The Biden administration’s attempt to block depositions of several key officials was turned down Nov. 2 by a U.S. judge. U.S. Surgeon General Dr. Vivek […]

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