Oil going negative, painful memory.
Oil going negative, painful memory.
".. The last few years have been a steady exercise in market humility. 'Oil canβt go negative.' It did. 'Russia will always be a reliable supplier of gas to Europe.' It wasnβt. 'Hormuz is too important to actually stop.' Until it did."
- Morgan Stanley
Trading Suspended on KOSPI for 20 Minutes Following 8% Plunge
Kolanovic, ten days ago:
This is a great example of how Fox manipulates it's viewers. Because they trust only Fox, the Fox audience is completely vulnerable to manipulation by Fox. How could they know that what they're seeing with their own eyes isn't real? They couldn't. They're seeing it happen, it's right there!
I'm no fancy political consultant, but, hey, if you're in Dem comms, you should notice that Fox News panicked over Trump wearing a cheap Trump merch baseball cap to receive the bodies of soldiers he got killed for no reason he can articulate, and you should absolutely lean into that.
This is pretty fucked up
FEDWATCH: Oil-shock inflation βprevents the Fed from responding to worsening employment conditions .. an adversely tightening policy which could strain credit and put at risk 1 to 2 million jobs created by private credit, according to the Fedβs own estimates.β π
Diesel jumping by almost $1 β in one week β should go over well in Texas. β½οΈ
Thinking of Art Cashin, who would have turned 85 today.
#RIP
> @jimlaporta.bsky.social
21%
@nytimes.com
www.nytimes.com/2026/02/28/u...
How fast could the Iran strikes hit your local gas prices?
Oil markets resume Monday.
By late afternoon, wholesale (rack) prices adjust.
Stations buying after ~6pm local may pay what markets assess.
Some pumps could start moving Monday night, others within 24β48 hours.
(Axios) - Anthropic's Claude hit No. 1 in U.S. app downloads Saturday, overtaking ChatGPT, after the Pentagon blacklisted the company for refusing to loosen safeguards for military use of its AI model.
@axios.com
www.axios.com/2026/03/01/a...
Optics.
@thedailybeast.bsky.social
www.thedailybeast.com/trump-hosts-...
When youβre incapable of empathy.
βThe lives of courageous American heroes may be lost, and we may have casualties, that often happens in warβ - βwhich is why I dodged the draft when I was their ageβ
MTG called the Trump administration βa bunch of sick fucking liars.β
Read: www.rollingstone.com/politics/pol...
Kolanovic.
Claude hit #2 on Apple's US App Store, hours after the DOD designated Anthropic a supply chain risk; it bounced between #20 and #50 for much of February (Jordan Novet/CNBC)
Main Link | Techmeme Permalink
The US is not considering releasing oil from its strategic petroleum reserve, suggesting Washington believes any surge in prices following its attack on Iran will be limited ft.trib.al/enUR0u8
Seems to be the patternβ¦
β.. This is simply attempted corporate murder,β Ball wrote. βI could not possibly recommend investing in American AI to any investor; I could not possibly recommend starting an AI company in the United States.β
@politico.com #Anthropic
www.politico.com/news/2026/02...
This is such great marketing for Anthropic.
".. Antagonizing friend and foe is not a great idea for a net debtor nation β especially one with high deficits that need to be funded with foreign capital. .. Itβs not surprising that some countries are reducing dollar exposure.β
@bloomberg.com
www.bloomberg.com/news/article...
This week in crypto:
@nytopinion.nytimes.com @jaredb-econ.bsky.social @coinbasecamp.bsky.social @bloomberg.com
www.nytimes.com/2026/02/26/o...
βWeβll obviously be moving on to the next phase and bringing more people in for questions.β What a clown show.