The Road To Hell Is Being Paved With Suicidal Empathy

Gulf Energy Shock Spreads To Global Plastics As War Sparks Force Majeure Wave Building on our earlier "Global Demand Destruction" note, which mapped how the Gulf energy shock is spreading globally and the immediate effects of rationing, price controls, and fuel shortages, another second-order disruption is quickly emerging: supply chain disruptions in critical plastic feedstocks. Plastics are core to the modern economy, and a troubling new Bloomberg report indicates that several producers of monoethylene glycol (MEG) and purified terephthalic acid (PTA) have declared force majeure, as tanker flows through the Strait...

Overloaded: From Trinkets To Compute And Market Structure By Peter Tchir of Academy Securities Last weekend we published that the market was sitting on Multiple Inflection Points. We were concerned that many of the inflection points would resolve themselves negatively for the market: Iran, which we didn’t even give the full “inflection” point treatment to, has deteriorated. While Brent finished the week at almost $90, up from just above $70, it seemed to be a “side story” at this stage. However, with the news of the U.S. service members killed on Friday...

$43,000 Front-Row Seats: How Soccer Fans Are Being Priced Out Of World Cup Authored by Aaron Gifford via The Epoch Times (emphasis ours), First-round match ticket: $280 to $43,000. Stadium daily parking pass: $150 to $600. Public transportation to venues: $100 or more in some cities. In-person 2026 FIFA World Cup experience: Priceless, or somewhere between a mortgage payment and a year or two of college, depending on who you ask. Cristiano Ronaldo of team Al-Nassr FC scores the team's fourth goal during the Saudi Pro League match between Al Nassr and Al Khaleej at...