So fantastic having the thought provoking @LukeGromen back on @NTLiveMedia this week. His thoughts on the biggest risk to markets right now.
Link this must see full interview: youtube.com/live/pTmp6Qqx2…
Weird how this works....I mean the inflation (reduction) bill just passed with a $7500 EV tax credit>
Ford just raised the price of its electric F-150 by up to $8,500
Goldman Sachs is building an 800,000-square-foot, $500 million campus in Dallas, which will be the bank’s largest US operation outside New York and house over 5,000 employees when it opens in 2028.
JPMorgan Chase has expanded its Texas workforce to over 31,000, surpassing its
Bill Gates owns 4 private jets. His collection is worth close to $200 million. He owns 2 Gulfstream's, a N194WM and a N887WM. He averges oner 60 flights
per year, emitting about 1,800 tonnes of CO2, compared to the global average of fewer than five tonnes per person.
The energy to power your EV comes from fossil fuels. Mining to produce the metals to produce your EV's , batteries, and charging stations, is highly fossil fuel intensive. Energy does not come from rainbows, ice cream and hopium.
Totally anecdotal...but my sisters husband was just laid off in the IT industry...he said most of the job listings right now are "ghost jobs" ...meaning listings for jobs that don't actually exit
"Greed" is the biggest hurdle people don't wanna transition says US Special Presidential Envoy for Climate John Kerry on the third and final day of the Bloomberg #NewEconomyForum in Singapore trib.al/kybLwli
All jokes aside, the decimation of the oil market is telling us something; it is sniffing out something that the equity markets are not *yet*. I know, I know you say "but the FED blah blah blah." However, you do not see unprecedented moves like this and not pay attention.