@SpillingTheBean It’s unbelievable that mkt #KC#RC#coffee is still going down after all the problems we’re seeing in Vietnam/Uganda. One of the variables putting downward pressure is the stronger USD. At the same time, farmers are holding onto their coffee in warehouses and no one is selling
@SpillingTheBean With such a pessimistic narrative from your side, Maja—saying that prices are going up—it’s terrible news. Many roasters will shut down if we see prices near 500, and as a consequence, many traders with short positions will collapse as well. Liquidity games win 🏆
Another recession alert: personal spending drops for the first time since February as savings rate spikes (as a reminder, all "excess savings" from stimmies have long been spent by the middle class)
⚡⚡BREAKING: This is simply incredible. ⚡⚡
UK day-ahead baseload electricity prices jump to a fresh all-time high of £354 per MWh on N2EX. Intraday prices for peak demand are much, much higher.
To put into perspective, that's 700% higher than the ~£45 average 2010-2020 price
News — SpaceX, the day after Elon Musk's doge-filled appearance on SNL, announces it is accepting $DOGE to pay for a payload on a lunar Falcon 9 mission next year.
SpaceX VP Tom Ochinero: "We're excited to launch DOGE-1 to the Moon!" https://t.co/gUhFzaP2X7
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@tfl#congestioncharge Why are you doing this for residents? What would you do if you can’t drive in your area? This is unbelievable..We can live like this...Sadiq Khan changes this situation https://t.co/YUAxM8mn5q