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Author: kumbhorg
Oil hits $95, Diesel $6 as 10-year yields push further into the danger zone ahead of $39B auction
Ok – so yesterday I told you that oil was THE story. Well, guess what? It still is.Stocks got sold yesterday…the Dow lost 630 pts or 1.2%, the S&P down 45 pts or 0.6%, the Nasdaq gave back 85 pts or 0.3%, the Russell gave up 15 pts or 0.5%, the Transports gave back 211 pts or 1%, the Equal Weight S&P gave back 95 pts or 1.1% while the Mag 7 lost 126 pts or 0.4%.Overnight – Brent crude pierced $100 as the Middle East situation escalated again, while WTI kissed $95. Oil is now up 39% off the…
Today, we’re surrounded by technologies we could justifiably describe as time thieves. In ancient Greece, those who wanted to know where their time was going consulted a device they called a “water thief.” The roots of the clepsydra, or water clock, go back as far as the sixteenth century BC, with evidence of such devices found in modern-day Iraq, Iran, and Egypt, and more ambiguous evidence unearthed in places like India and China. The mechanism in the earliest examples takes not much more complex a form than a bowl out of which water slowly drips, albeit not at a regular pace.…
Are you ready for it? No, we don't just mean football—though the NFL season is officially kicking off Sept. 9 as the New England Patriots pay a visit to the Seattle Seahawks. Rather, with Travis…
In the caustic, socio-realist coming-of-age drama I Matter, characters find themselves on a constant conveyor belt of cramped institutions. Opening in a Bucharest prison, where Roma teenager Rebeca’s (newcomer Denisa Farcaș) father is serving time for a wrongdoing he was driven to by poverty, the film then spends time in a cut-throat homeless shelter and winds up in a very different kind of establishment: an elitist drama school. But its most important institution is the orphanage which Rebeca comes to terms with calling home. Whether it is ever possible to break free from this vicious hard-knock cycle – only made worse by a shoddy welfare system – is…
Around 8 pm on Friday, December 29, 1967, Milton Friedman stood to address the annual meeting of the American Economic Association. The space was cavernous; the Sheraton Park Hotel billed it as the largest hotel ballroom in the world. On this night it was filled with some 3,000 economists. Outside, the United States was in the throes of the sexual revolution. Only months earlier, young people from across the country had held their own gathering — the Summer of Love — in San Francisco’s Haight-Ashbury neighborhood. They had danced to rock music, taken drugs, and signaled an intent to deconstruct…
1634 S Humboldt Street, Denver CO 80210Price: $699,000Bedrooms: 4Baths: 2Sq. Ft: 1,508 totalYear Built: 1947Parking: 1 car detached garage, fenced and uncovered off street RV parkingBeautifully updated this charming ranch style home offers comfort, flexibility, and convenience all in a prime location. Moreover, extensive recent improvements provide modern updates while keeping the home’s inviting character. Extensive Recent Improvements and Flexible Living in DU/Platt ParkThe updated kitchen features new stainless steel appliances and space for a cozy breakfast nook. These include a French-door refrigerator, microwave, gas range, and dishwasher. Additionally, updated bathrooms create a fresh and polished feel throughout the home. The finished…
Some stuff I am reading today morning: Oil prices continue to rise (CNBC) Copper prices surge to life time highs (MC) The rise of Commodity Satta (BW) Silver will rise again (DR) GoI clears 1.1Lakh Crore of Acquisitions (NDTV) Niti Aayog wants to scale EV truck adoption (BT) 5 Monopoly Stocks (FE) Sellside Research: Pricol Ltd (Axis) Emerging Market Cycles (ACS) 3 Ways Iran War changed global economy (CNN) Discover more from Alpha Ideas Subscribe to get the latest posts sent to your email.
The Supreme Court of India has asked the Board of Control for Cricket in India (BCCI) and its affiliated state associations to explain why they should not come under the National Sports Governance (NSG) Act, 2025. The court raised the issue while hearing applications related to cricket administration.A three-judge bench led by Chief Justice Surya Kant, along with Justice Joymalya Bagchi and Justice V. Mohana, issued the order on Tuesday. The court also expressed concern over the long-running litigation surrounding cricket administration and sought responses from the BCCI and state associations.Supreme Court Seeks Alternative to Long-Running BCCI LitigationThe Supreme Court…
A host of Premier League sides secured victories in the Carabao Cup third round on Tuesday night. Crystal Palace beat Middlesbrough 3-0, as Bournemouth secured their first victory under Marco Rose by beating Lincoln City 4-0, with Newcastle and Sunderland both edging through with 1-0 wins. Read on for our summary of the action from all five games below. Bournemouth 4–0 Lincoln City Bournemouth produced the most emphatic win of the night, with Ryan Christie scoring a hat-trick as they dismantled Lincoln. Christie struck in the seventh, 69th and 88th minutes before Alex Scott’s stoppage-time goal made it four. It…
Time is running out for the Winnipeg Jets to trade Connor Hellebuyck before training camp opens next week NHL Media: Mike Rupp and Ken Daneyko talking about the Winnipeg Jets and Connor Hellebuyck. He doesn’t have a limited list of teams, but it’s still not an easy deal to make. It would be awkward if a deal doesn’t get done before the start of training camp. The Jets want a roster player, but that would leave a hole real late in the offseason for the team making the deal. ** NHLRumors.com transcription Rupp: “We’ve heard reports, and this is all…