A group of options traders in Gaza joking about how finance influencers on social media are surrounded by Lamborghinis, waterfront mansions, luxury vacations, and six-figure trading accounts, while they’re trading from a rooftop with slow internet, post-war destruction in the background, and accounts so small they celebrate single digit gain. Funny, self-deprecating, and unexpectedly moving. A reminder that resilience isn’t about perfect conditions. It’s about showing up anyway.
the use of “merchant” as a term of abuse by fans to refer to a player who relies on a niche situation to find success reveals that slezkine's pre-modern opposition between mercurians and apollonians has persisted within professional sports
interac e-transfers are a very useful technology that has been given to us by our benevolent banking oligopoly but there is nothing more aggravating than having to constantly create security questions for complete strangers who refuse to turn on autodeposit
BREAKING:
G-7 nations decide against releasing SPR for now
G-7 agreed to continue monitoring energy markets
Japan says IEA recommended G7 to release SPR
Brent is $106 and markets are in full panic mode. They were slow to price the de facto closure of the Strait of Hormuz, but at this point the Strait isn't going to get any more closed. If anything, it'll get more open, so I wouldn't chase this spike...
https://t.co/sVpm56J5Xu
The oil policy response starts:
Saudi Aramco ask clients whether they’re able to load oil cargoes from the Red Sea rather than Persian Gulf
IEA to meet today at 2pm Paris time to discuss the situation; says it stands ready to stabilize market