The Million Dollar Way (The Bakken Oil Blog): The Daily Note

This is pretty cool. Last week I said that as of T+75, the daily note would move on from Trump's tariffs to sanctions on Iran regardless of the news that day. Well, today is T+75 of Trump's trade wars. Time to move on. The trade wars amounted to little in the big scheme of things.

Although it's still August 14, 2018, T+75, we will post the first daily note in this series and date it as of August 15, T+1.

Iran Sanctions

October 18, 2018, T+66: this page has gotten too long -- time to move on ...

October 17, 2018, T+65: looks like Saudi Arabia will find way to thread the needle after killing a journalist.

October 16, 2018, T+64: quiet.

October 15, 2018, T+63: in the heavyweight fight of the week, Leslie Stahl vs The Donald, Hollywood's Variety gave a unanimous TKO to the latter.

October 14, 2018, T+62: Hillary defends Weinstein. Says if women are adults at the time of sexual harassment, it cannot be "an abuse of power." Wow. I can't make this up. From Fox News reporting on Hillary's interview with CBS today:

Hillary Clinton, who went on to be elected to the Senate and served as President Obama’s secretary of state, said the relationship was not an abuse of power because Lewinsky “was an adult.” At the time of the affair, Lewinsky was 22.

October 13, 2018, T+61: quiet.

October 12, 2018, T+60: Dow (irrelevant) gains almost 300 points.

October 11, 2018, T+59: Dow (irrelevant) falls almost 600 points.

October 10, 2018, T+58: Dow (irrelevant) falls almost 900 points.

October 9, 2018, T+57: quiet.

October 8, 2018, T+56: he does have a point --

October 7, 2018, T+55: my favorite video of the day, LOL. I hope it loops over and over on election day. I enjoy it best with the video turned OFF ... it makes me think of Druids and Stonehenge.

October 6, 2018, T+54: Heitkamp, Schumer, et al -- politicians and petty; Susan Collins: a senator and stateswoman. Outshines Diane Feinstein. But wow, I was completely wrong. I thought Feinstein played this well and had won. Final vote: 50 - 48, apparently with one GOP senator not showing up to vote; and one GOP senator checking that she was "present" but had not yet made up her mind.

October 5, 2018, T+ 53:

October 4, 2018, T+ 52: Heidi Heitkamp will vote "against" Kavanaugh.

October 3, 2018, T+51: Washington, DC -- more entertaining then ever. Every print media eagerly looking forward to day they splash this headline: "You're Fired."

October 2, 2018, T+50: holding pattern, again today ...

October 1, 2018, T+49: Iran sanctions starting to bite; China economy shows signs of slowing down due to trade war; and, Canada blinks.

September 30, 2018, T+48: US golfers at Ryder Cup -- huge embarrassment. Wow. Could they have possibly done any worse?

September 29, 2018, T+47: if I were a 17 y/o male, I would never again go to a party where there were women; I would never date a woman; I would never go into any room and close the door. When practicing medicine in the USAF, I never closed my office/exam room door.

September 28, 2018, T+46, posted 10:10 a.m.CDT, September 27, 2018):

What difference does it make?

September 27, 2018, T+45: nomination won't come out of committee. (Posted 6:45 p.m. CDT, September 25, 2018.) Thursday, September 27, 2018: wow, what an incredible day -- Trump takes on China; Trump delays meeting with Rosenstein; SEC charges Elon Musk with fraud; TSLA drops 10%; unbiased reporting suggests Kavanaugh saved himself; but the media will spin the story; big story: will Grassley hold the committee vote Friday; Genscape suggests New England could have huge natural gas shortage risk over next few weeks;

September 26, 2018, T+44: into the danger zone.

September 25, 2018, T+43: in the past 24 hours, things look brighter for Kavanaugh. Should be a very, very interesting Thursday.

September 24, 2018, T+42: Ronan Farrow gets involved. Amy Coney Barrett's turn?

September 23, 2018, T+41: this must have been one heck of a party that all these folks can actually remember this party. I recall a few parties during my college days, but I don't recall the specifics dates, or the locations, and I kept a lot of journals during this time.

September 22, 2018, T+40: accuser given more time. Palo Alto loony sets US Senate schedule. Headline says she has agreed to testify. She said nothing of the sort. She said negotiations will continue. Grassley needs to schedule the vote and tell the accuser she is welcome to testify whenever she wants. This is just the committee vote, not the Senate confirmation vote. For Pete's sake.

September 21, 2018, T+39: Trump tweets -- Senator Feinstein and the Democrats held the letter for months, only to release it with a bang after the hearings were OVER - done very purposefully to Obstruct & Resist & Delay. Let her testify, or not, and TAKE THE VOTE!

September 20, 2018, T+38: Kenney, Kopechne, Kaepernick, Kavanaugh, Kaos.

September 19, 2018, T+37: Well played, Ms Feinstein.

September 18, 2018, T+36: Kennedy, Kopechne, Kaepernick, Kavanaugh.

September 17, 2018, T+35: End of the line.

End of the Line, The Traveling Wilburys
September 16, 2018, T+34: Kavanugh #MeToo.

September 15, 2018, T+34: Kavanaugh accused.

September 14, 2018, T+33: for first time in 13 years, US will sell beef to China. Not one single pound of beef was sold to the Chinese under the Obama administration -- a policy that began under the "intellectually uncurious" George Bush and continued by Barack "you can't just drill your way to lower oil prices" Obama.

September 13, 2018, T+32: lest we forget.

September 12, 2018, T+31: someday we are going to look back on the Trump era -- remember it fondly and wonder how the next president screwed it up so badly. Meanwhile, his predecessor continues to claim it was policies that set these things in motion. What a doofus:

Obama:

if you like your doctor, you can keep your doctor -- huge lie

you can't just drill your way to lower oil prices -- huge lie (I don't know if he believed that, or if that was a policy decision)

the Russians are not trying to influence the Hillary - Trump presidential campaigns

September 11, 2018, T+30: record after record after record being broken.

September 10, 2018, T+29: unless you were under the Geico rock the past week, you could not have possibly missed former President Obama taking credit for building the Trump economy. LOL. The bigger story: Trump is getting under everybody's skin / inside everyone's mind.

September 9, 2018, T+28: photo of the day [about an hour after the photo was posted, it was reported that Serena was fined $17,000 for cheating, among other things].

September 8, 2018, T+27: a footnote in history at worse, at most, a very, very short chapter, "ObamaCare."

September 7, 2018, T+26: annual wage growth highest since 2009; jobs report blows past forecasts;

September 6, 2018, T+25: Senator Warren says if Trump unfit to be president, time to invoke 25th Amendment.

September 5, 2018, T+24: graphic of the day --

September 4, 2018, T+23: loss of civility in the US Senate today -- Kavanaugh -- Supreme Court nominee -- hearings begin.

September 3, 2018, T+22: Ivanka emerges as Trump's jobs czar; focus on "forgotten men and women." Posted on Labor Day. In other news, photo-cropping:

September 2, 2018, T+21: quiet Sunday. Trump will re-consider freezing federal employee pay raises. Virginia GOP at risk. LOL. As usual, Trump is doing the right thing, and he is doing it his way.

September 1, 2018, T+20: it was all about McCain.

August 31, 2018, T+18: it was all about McCain.

August 30, 2018, T+17:

August 29, 2018, T+16: wow, Trudeau is spooked! After US-Mexico come to "broad" agreement (announced just two days ago), Trudeau who has not had a good year so far, says Canada could have a deal with the US by the end of the week. Trudeau's country has become known as the country that can't "close a deal." Four pipeline attempts: four strike outs -- Northern Gateway (killed by Trudeau); Keystone XL (killed by Trudeau's close friend Barack Obama); Enbridge Line #3 in deep trouble in Minnesota (arguing over one or two miles of route); and, TransMountain Pipeline expansion (Trudeau had to buy it and all hinges on court decision expected to be announced tomorrow).

August 28, 2018, T+15: second estimate of 2Q18 GDP -- at high end of consensus (3.8% - 4.2%) -- 4.2%.

August 28, 2018, T+14: major indices hit new record highs yesterday; one exception -- Dow -- but very, very close to it's all-time high of 26,600 or thereabouts.

August 27, 2018, T+13:

August 26, 2018, T+12: quiet.

August 25, 2018, T+11: quiet.

August 24, 2018, T+10: quiet.

August 23, 2018, T+9: remember when Obama Campaign was fined $375,000 for campaign reporting violations and no jail time. Cohen was screwed.

August 22, 2018, T+8: Market yawns despite news yesterday. Headline: US entering longest bull run ever. S&P 500 hits all-time record; extends records.

August 21, 2018, T+7: "Manafort" found guilty on 8 of 18 charges; none have to do with Trump or "Russian collusion." "Cohen" pleads guilty to two charges breaking campaign finance laws.

August 20, 2018, T+6: Quiet.

August 19, 2018, T+5: Governor Andrew Cuomo really stepped in it this past week, saying that "the United States was never that great." And that's not out of context, and it's not paraphrasing. He said that very, very clearly. The crowd's reaction was "mixed"? Mostly incredulous. Cuomo's "deplorable" moment.

August 18, 2018, T+4: first former CIA director to lose his security clearance. Sounds like other "spooks" got the message. At least two said the former CIA director was "out of line" with his public comments.

August 17, 2018, T+3: President Trump revokes the security clearance of former CIA director John Brennan. It's about time. I'm looking for Trump to fire Sessions, Rosenstein, and Mueller sometime between now and January 3, 2019. My hunch: after Kavanaugh is confirmed.

August 16, 2018, T+2: I have not fact-checked this. From a comment at this site:

August 15, 2018, T+1: Iran's latest tactic to save market share. Iran will cut prices for its Asian customers. Sanctions are starting to bite. Link here.