Last time, $840 billion got sucked out in 5 months, all from excess cash in ON RRPs. But after $2.26 trillion of QT, ON RRPs are nearly gone. By Wolf Richter for WOLF STREET. Back on April 3, […]
ENB Pub Note: This is a national security issue, and Gavin Newsom has deliberately caused it. This week’s podcast with Mike Umbro and Ronald Stein pointed out some key points. The entire transcript is here: […]
ENB Pub Note: The EV markets should be supported by the open market and not subsidies. For example, the Tesla charger network, built with no subsidies, is nationwide. As of January 2025, Tesla’s Supercharger network […]
ENB Pub Note: This article from the NY Post has some interesting cost formulas. While I have said that the more money invested in “renewable” wind, solar, and hydrogen will result in more fossil fuels […]
Despite the rumors during bond turmoil, foreigners kept buying Treasuries and the “basis trade” didn’t blow, but the “swap spread trade” made a mess.
ENB Pub Note: This is a significant sanction, and will impact the tariff discussions this weekend with the Trump administration’s team and China. China is not doing very well, and this weekend will be critical. […]
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Recession talk is swirling densely all over the place, so let’s have a look.
Ask families in Germany and the UK what happens when more and more supposedly “cheap” solar and wind power is added to the national power mix, and they can tell you by looking at their utility bills: […]
Dry CargoEurope Bernard Delmont / Marine Traffic Bernard Delmont / Marine Traffic New York-listed Greek owner Costamare has continued the trend of offloading smaller bulkers with another handysize set to exit the fleet. The Konstantinos […]
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