There’s a lot of stuff going on with geopolitics, US politics, a supply driven capex boom that’s being questioned, now a decline in oil supply, understandable things get weird for a while.

My only take as a guy who never really traded commodities/rates/“macro” is that weird stuff happens with stocks when we get these oil spikes. I think you’re right stuff will reprice quickly if this isn’t long lasting.

Just some odd beep booping going on with stocks since this war started imo. The algos have their wires crossed.

Iran reading headlines like this about China

By simply reading one page of the greatest economist of all time

Stockbroker
Small business owner (auto parts dealer)

Imagine having Wall Street *and* NADA on your side

WASHINGTON (AP) — White House says Spain has agreed to cooperate with US operations in Mideast after Trump threatened financial penalties.

MADRID (AP) — Spain's government denies cooperation with US operations in the Middle East, contradicting White House.

Roper is outperforming today, that’s sufficient for me to say there are some goofball mechanics going on in markets

Talarico putting up Bashar Assad numbers in central Texas—winning Travis, Hays, Williamson by 50 points. Expect San Antonio to be good for him. Feels like an early-ish call is coming.

Scipio to Hannibal in the second Punic war:

Tillis woke up mad today

So there’s primaries tonight, the amount of things that are happening never shrinks, it grows exponentially

*company

Purple cable coming Credo down 13% post earnings, dragging APH/GLW with it.

Semis/cables used in data centers are straight up not having a good time this morning.

Bc it’s all one big tax dodge

I believe Matt Damon had the idea of an over land pipeline to avoid the pitfalls of Hormuz years ago, in the movie Syriana. He might’ve been on to something.

The good thing about Mexico is they don’t have any political problems there

That’s why you go to Mexico

<—— Never ever ever in a million years had the desire to go to Dubai

Lmao

Your fun fact of the day- mayonnaise is named after the capital city of Menorca, Spain (Mahon) which itself was named after Carthaginian general and Hannibal’s brother Mago.

Yes, it was an analyst, no government official is ever going to admit this. Gulf states have definitely been hit the hardest so far.

Great job dipshits. Maybe Hegseth should sober up

@conorsen.bsky.social @sellingtheta.bsky.social checkmate

So, so instructive to compare media response to Afghanistan withdrawal -- months of hysterical garment-rending & catastrophizing, relentless criticism of the admin -- with the response to an unprovoked, unmotivated, illegal war of aggression, ie, "some critics say maybe Trump should have reasons."

We live in a world in which its entirely possible that Iran negotiations failed because people involved bet the under.

Higher oil prices is good politics right