Independent thinking for complex markets and current events
by Michael We have witnessed crazy summer weather in the United States before, but this year has been just bonkers. There was snow at the end of June, high winds just shredded a wind farm in South Dakota, there have never been more tornadoes in Illinois, the western half of the country is being plagued …
Severe droughts developing throughout the US are causing several states to impose water restrictions, as some American towns fear they will run out of water within weeks. The US Drought Monitor, the nation’s weekly map showing where and how severe drought conditions are, has warned that the situation has already reached ‘extreme’ or ‘exceptional’ levels …
Pablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the “world is on borrowed time” and that the Gulf energy shock will develop into a food crisis unless LNG flows resume through the Hormuz chokepoint. “We are on borrowed time. Every …
by Michael We live at a time when most people don’t know where their food comes from, and so they have no idea that we are facing an agricultural nightmare in 2026. Yesterday, I published an article about the historic drought that is devastating our heartland and the nightmarish fertilizer crisis that has been caused by the …
by Michael Have we ever seen crazier weather during the month of March in the United States? Literally dozens of high temperature records have been shattered in the Southwest. Meanwhile, a very alarming series of historic droughts stretches all the way from the beaches of southern Florida to the mountains of northern Colorado. It is …
Microsoft and the Army Corps pulled 463 million gallons out of San Antonio between 2023 and 2024. https://www.sacurrent.com/news/san-antonio-data-centers-guzzled-463-million-gallons-of-water-as-area-faced-drought-38116670 The city was under Stage 3 drought rules. Residents could water lawns once a week. https://www.newsweek.com/texas-data-center-water-artificial-intelligence-2107500 In 2025, Texas data centers are projected to use 49 billion gallons. By 2030, the number jumps to 399 billion gallons …
Understanding cycles lets you rotate before the herd… Why is Macro important? Because you will beat the market by 700% If you understand Business Cycles – and allocate your Funds so that you are invested in Risk Assets when Business Cycles are bottoming, strengthening or strong – and in TLT when Business Cycles roll over …
This story is wild Colorado ranchers tampered with NOAA weather instruments to reduce reported rainfall in order to collect more federal drought relief money. But, then their co-conspirator escaped from prison … https://t.co/83hwmWDP0D — Ryan Maue (@RyanMaue) March 10, 2024 Two southeastern Colorado ranch owners were recently sentenced to pay $6.6 million to resolve federal …
Dozens of massive container ships are experiencing delays of up to four weeks Congestion in canal could have a wider impact across the global supply chain Christmas supplies heading to America could be delayed over the coming weeks in a threat to the festival season as the Panama Canal suffers its worst-ever drought. Unprecedented conditions …
by DAVID HAGGITH It always rains in Washington, even during extreme droughts. In yesterday’s editorial, I wrote about the “emergency drought” Gov. Jay Inslee’s Dept. of Ecology declared over parts of Washington State, including particularly the county I live in, telling what a lie that declaration and the stories about it were. My county was, in …
Where have all the babies gone? Australia’s fertility rate is near historic lows and there are signs it will fall further. The baby drought is most noticeable in our biggest cities. In the Melbourne City statistical region the fertility rate slumped to 0.66 in 2021 – a fraction of the 2.1 “replacement level” rate needed …
by Michael Every time I write about this, conditions are even worse. If you look at the latest map from the U.S. Drought Monitor, you will see that almost all of America’s heartland is now in some state of drought. Much of Kansas is dealing with either “severe” or “exceptional” drought, and in previous articles I …
Farmers in Corn Belt states have been very concerned about their crops this spring as drought expands across the Heartland. The latest weekly report from the US Department of Agriculture shows the US corn crop deteriorated by the most in nearly three years as drought conditions worsened in the Midwest. About 64% of the nation’s …