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Schrodinger's Strait, Schrodinger's Market
Schrodinger's Strait, Schrodinger's Market
By Benjamin Picton, Senior Market Strategist at Rabobank
Erwin Schrodinger famously proposed a thought experiment to illustrate the apparent absurdity of quantum mechanics when applied to the macroscopic world. In the theoretical experiment, Schrodinger’s eponymous cat, contained in a box with a radioactive atom, a Geiger counter and a vial of poison, exists in a state of superposition whereby it is simultaneously both alive and dead until the box is opened.
And so it is with the Strait of Hormuz, which exists in a state of both openness...
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Mar 31, 2026 / Tyler Durden
Blue States Are Still Facing A Mass Taxpayer Exodus Long After COVID
Blue States Are Still Facing A Mass Taxpayer Exodus Long After COVID
Remember when blues state Democrats tried to enforce sweeping pandemic mandates for years after it became clear that covid was not the "mass killer" that the supposed experts claimed it would be? Remember when they called for people to be jailed for publicly speaking about scientific facts that contradicted the narrative? Remember when they called for people's children to be taken away if they refused to vaccinate?
Remember how millions of people left blue states in response to the...
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Apr 10, 2026 / Tyler Durden
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February.
The headline CPI soared 0.9% MoM (as expected) and while it was a big MoM jump, Consumer Prices rose 3.3% YoY (up from +2.4%...
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May 9, 2026 / Tyler Durden
Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon
Cameco Sees As Many As 20 AP1000 Nuclear Reactors On The Horizon
Cameco leadership recently made announcements during their 2026Q1 earnings call regarding an expectation that as many as 20 AP1000 reactors will be announced for construction with support from the Department of Commerce (DOC) and the Department of Energy (DOE).
Grant Isaac, the Chief Operating Officer and President of Cameco, provided some color on the call for the difference between the different department efforts and the stages of discussions under each.
We covered the announcement from the DOC at length last...
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