Written Sources


Here is a list of my favorite sources for written content:



























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Mo Money, Mo Problems

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  Each week there seems to be some event that is out of the ordinary and has nearly everyone talking about it. Last week, we had four of them; Bitcoin became a $1T asset class, NASA landed a vehicle on Mars, the House hearing on the GameStop fiasco, and the cold snap in Texas. I’m opening with the House hearings because, in my opinion, they were a complete joke. Most of the politicians have no idea what’s going on and those testifying gave bland standard answers. I mean it’s not like this happened the day before and you didn’t have time to have your staff educate you on the basics. Ask a decent question please. Honestly, this basically was a complete waste of everyone’s time, but at least it was quasi entertaining. The person that impressed me the most was Jennifer Schulp of the Cato Institute. I felt she did a decent job of dealing with the dumb questions and explaining them so non-industry pros could understand some parts of the industry and what was actually going on. What we sh...
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I am Groot

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  Didn't have too much time this weekend to think about what happened this week, but I do know it’s more of the same. Earnings Season kicked off with great earnings from the major banks led by Banking & Trading. SEC looks close to approving America’s first Bitcoin ETF. It’s not a full blown spot fund, but futures are better than nothing, right? The Port of LA and Long Beach are now running 24/7, because as we’ve highlighted things are backed up. Energy prices are still trending higher. Yields are up indicating some think inflation is going to cause rate hikes sooner than later. All this and the US equity markets and most major global indices were up decently last week. This is where my title comes from. ‘I am Groot’ it’s all it says, but it’s interpreted as different things by Rocket and others that “understand” him. This is how I feel the market reacts to data at times. It looks the same, sounds the same, but certain people act differently and make a ton of money. This week we...
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Stupid is as stupid does

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  Last Monday’s media coverage was divided between Elon’s SNL appearance and a major pipeline shutdown causing people to freak out. Elon slowly yielded to the gas shortage on the East coast due to the Colonial Pipeline shutdown. As some of the pictures hit social media, the lines and people at gas stations along the east coast became a circus. Here are some of the best/worst I saw. One thing to note, the picture of bags is apparently from 2018, but the fact that a government agency had to send this out tells you all you need to know. This whole pipeline disruption intrigued me and I read a lot of articles on it over the week. These four are some of the better ones I read that highlight the whole problem and it’s possible knock-on effects. As you’ve seen from the pictures above, we cannot seem to control ourselves as Americans. US fuel pipeline hackers 'didn't mean to create problems' Gasoline demand spikes in several states after pipeline hack Colonial Pipeline reportedly p...
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