The rebound makes no sense. Even if somehow no violence occurred after this date, enough infrastructure has been damaged and production taken offline to cause a significant supply shock that can't be absorbed by reserve releases. The closure of Hormuz will take its toll one way or another.

Plus, Iran is now incentivized to further develop a stranglehold on Hormuz transits so they can extract tolls to fund their rebuilding efforts. Any attempt to frustrate that will just result in them mining the straits, possibly with Houthi coordination interrupting Red Sea transits.

None of the fundamental problems are solved.

Finally, some good news.

The latest Moody's Talks Inside Economics episode covers the jobs numbers well and talks about some of thr concerning figures that undermine the headline job growth. Of note: total hours are down and labor force participation are down despite job openings increasing.

I'm getting pretty tired of the notion that gambling odds are better predictors than polls.

It's not even just the price of a ship and cargo at risk. Lead times are around 2.8 to 3 yrs for crude tankers and around 3.5 yrs for LNG carriers. That's a long time to not be able to conduct business even if insurance did pay out. It is 100% rational to sit out a few weeks to figure out how to resume operations safely rather than trying to sneak through and hope for the best.

Market cap and realized losses are completely different things. Reporting a change in market cap as a loss is misleading imo.

This dip might drive some volatility for a bit, but gold and silver are still at crazy high valuation. It isn't likely to affect you unless you've been speculatively buying precious metals and panic sold.

Billionaires still don't get that their fear and outrage is a ringing endorsement for someone like Mamdani. Every dollar they spend implies many more dollars available to be collected by the city. Their best strategy would have been utter indifference. I guess now we know who has a terrible poker face.

No surface prep? That will flake off in no time.

Or a chicken drumstick for somewhat similar bone strength.

For anyone who thinks this would be a good tradeoff, this would be the worst sleep of your life.

I've only had sleep paralysis a couple times and it was always because I was stressed about homework/work and my brain kept trying to work through the problems in my sleep. It is a terrible experience. Sleep is about way more than physical rest. Depriving your brain of good sleep will ruin your memory and make functioning during the day exceedingly difficult.

Plus, let's look at what employers did in response to women entering the workforce. Has average household income doubled? No, pay has stagnated to the point of households needing two incomes to meet expenses. Don't expect working through your sleep to mean a life of leisure in the day. You're more likely to see wages fall to the point where everyone needs a day job plus a sleep job.

It's never safe to experiment with replicators. Just ask the asgard how that turns out.

The glaring error is this screenshot is listing an income figure that is comparable to the 2022 total revenues in the 2022 fiscal report.

https://www.macrotrends.net/stocks/charts/SBUX/starbucks/ebitda

It looks like Starbucks 2023 EBITDA was $7.3 Billion and the net income was $4.1 Billion.

The post makes a good point, but uses garbage data. Why do they do this? Although an $11,000 raise would elliminate the actual net earnings figure.