Israel Faces Political Deadlock After Netanyahu's Better Than Expected Comeback, Trump Hails 'Win'

President Trump said Wednesday that he plans to meet with North Korean Leader Kim Jong Un sometime this year, though Pyongyang has not yet confirmed that Kim is interested in talks. “I get along with him well,” Trump said, according to The Washington Post. “And you know what? The fact that I get along with […]

US Data Centers To Burn More Natural Gas Than Most Nations Several weeks ago, we explained why most data center developers favor on-site gas power: it boiled down to two main reasons - availability (especially since modular nuclear power for commercial 'behind the meter' use is still in the distant future) and price. Furthermore, a recent BloombergNEF analysis shows the marginal cost of operating an on-site gas plant may be below industrial electricity tariffs, making continued generation from on-site assets the cheaper option in many cases.  As we discussed in late...

Trump Talk & 'Thucydides Trap' Threat Triggers Market Mayhem Overnight Traders are waking this morning in the US to some relative market mayhem and questioning what came first - the oil spike or the geopolitical angst - to trigger these moves as it appears the market finally remembered there's more going on in the world than trading 'short compute' demand to the moon... Oil prices are up significantly (WTI >$100)... Bond yields are breaking out everywhere (10Y 4.5%, 30Y UST 5.10%!, 30Y Gilt 5.82% - highest sine 1982)... Equity markets sharply lower overnight...