Choke Point: The Global Economic Consequences of The Persian Gulf Shutdown

JPMorgan Says The Real Threat To Bitcoin Isn't Strategy (MSTR), It's Private Blockchains Authored by Micah Zimmerman via BitcoinMagazine.com, Strategy’s recent bitcoin sales and its formal monetization program have rattled investors, but JPMorgan analysts see a bigger danger to bitcoin: blockchain adoption that routes around public networks and the tokens that ride on them. In a report led by managing director Nikolaos Panigirtzoglou (ZH: available here for professional subscribers), the bank argued that Strategy is not the main structural threat to the asset.  The company sold 3,588 bitcoin for $216 million in early July to cover...

Cloudflare Reports Issues Amid OpenAI, Claude, And Grok Glitch Summary: Cloudflare's status page is reporting two active issues Downdetector Reports Outages Across OpenAI, Claude, Grok Cloudflare Problems There are concerns that the outages and service disruptions reported by Downdetector users across major AI platforms, including OpenAI, Claude, Grok, and Cursor, could be linked to an issue at Cloudflare. Cloudflare's status page is reporting two active issues: HTTP/3 issue affecting R2 custom domains: Some websites or applications using custom domains connected to Cloudflare's R2 storage may experience failed or degraded requests over HTTP/3. “Monitoring” means Cloudflare has...

Another JOLT: Jobs Opening Smash Expectations, Despite Another Drop In Number Of Hires Another month, another whopping beat by the BLS JOLTS job openings report. One month after the April JOLTS report came out with a whopping 9-sigma beat to estimates, when it showed that in April the US added a whopping 731K job openings to 7.618 million (and up 520K from a year ago), smashing estimates of 6.9 million, moments ago the BLS reported that in May, the number of total job openings printed at 7.594 million, almost as if...